The application of 5W2H management model in the construction of enterprise economic and strategic management system

Abstract

Abstract The 5W2H management model, rooted in World War II, stands out for its simplicity and effectiveness in enterprise management, offering considerable advantages in strategy planning and execution. This study focuses on the model’s role in enhancing strategic economic management within businesses, combining qualitative and quantitative analyses of various enterprises’ strategic management frameworks. Implementing the 5W2H model led to notable enhancements in strategic definition, implementation efficiency, and tangible achievements. Specifically, businesses observed a 20% improvement in achieving strategic objectives, a 15% faster strategy implementation, and a 25% increase in strategic engagement among employees. Additionally, the model proved instrumental in improving internal communication, fostering better teamwork, and optimizing the allocation of resources. Our findings affirm the significant value of the 5W2H model in refining corporate strategy formulation and execution, highlighting its essential place in modern enterprise management practices.