Strategic Management

What Is the Economic Engine in Business Strategy? Explained with Real Examples

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Economic data charts and reports illustrating how an economic engine drives business growth

Every thriving business has one force that keeps it alive and growing, its economic engine. It’s the mechanism that generates consistent, sustainable profit by aligning what a company does best with what the market truly values. In strategic management, understanding your economic engine is like understanding how blood flows through the body of your business. … Read more

SCP Model (Structure–Conduct–Performance) – Strategic Insights and Business Implications

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Two professionals review charts and graphs while analyzing the SCP model

The Structure–Conduct–Performance (SCP) model is one of the foundational frameworks in industrial organization and competitive strategy. It helps explain how market structure shapes firm behavior, and how that behavior, in turn, determines overall performance across industries. In practical terms, the SCP model answers a question every executive and policymaker asks: “Why do some markets deliver … Read more