5 P Model of Strategic Management

The video discusses a theory focusing on aligning five core variables within an organization to enhance operations and performance. These variables include purpose, principles, processes, people, and performance. Each variable plays a crucial role in ensuring organizational cohesiveness, efficiency, and effectiveness. The alignment of these variables leads to optimal organizational performance.

What are the five core variables that need to be aligned within an organization?

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How does the alignment of these variables affect an organization's performance?

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What role do principles play in aligning with the organization's purpose?

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Explain the importance of processes in promoting the underlying purpose of the organization.

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What is the significance of performance metrics in the context of organizational alignment?

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