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Introduction to Business Tools

Top Business Frameworks 

Business frameworks are practical tools that can assist with problem-solving, thought organization, and recommendation-sharing. You can scale a more comprehensive conceptual framework to suit your needs. You can adapt a business framework's starting point and common vocabulary to suit your own purposes. A business framework should, in the end, create structure and simplify complex business problems. The most well-known management, strategy, and business frameworks and models used today are listed below. Frameworks can be grouped according to a number of levels of analysis:

Level

Type of Tool

Macro  Level

PESTEL Analysis

Industry  Level

Porter’s Five Forces

Corporate Level

BCG Growth-Share Matrix

Business Level

SWOT Analysis

Product Level

Product Life Cycle