Strategic Frameworks That Actually Work
Strategic frameworks: SWOT analysis assesses internal and external factors, Porter's Five Forces analyzes competition, Blue Ocean creates new markets.
What was corrected
Article misattributed an author's institutional affiliation, added unverifiable dataset specifics to a real study, unverified a specific study design for a real book, and reversed the documented origin sequence of a well-known framework.
Corrected McGahan's affiliation and removed the unverifiable dataset figures while preserving the real, confirmed variance percentages; softened the unverified Markides study design to an accurate general description; corrected the 7-S framework's origin story and credited its actual co-originators.
Why this is better
The real variance percentages (32pct firm-specific, 19pct industry, 4pct corporate parent) and the Schmalensee 1985 citation both verified as fully accurate - this article's issues were more about attribution and framing errors than unverified statistics.