I need an explanation for this Business question to help me study.
There are a number of well-known strategic planning models. To bring your team up to speed on the evolution of strategic planning itself, write a white paper of 1200 words, addressing the following specific models of strategic planning:
Michael Porter’s 5 Forces
Adrian Slywotzky’s Value Migration
W. Chan Kim and Renee Mauborgne’s Blue Ocean Strategy
Using the Web resources provided and any others you find, make sure to address the following specific questions in your white paper:
The premise underlying each of the three models of strategic planning and the advantages each brings to the process
How to apply or implement strategic planning using each of the 3 methods
The pros and cons of each strategic planning method
make sure to use references as APA style and title pages in all of the assignment
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