GAP Analysis – close operational and strategic gaps
Category : methods & concepts
In this current economic state, the market is packed with a wide range of businesses. Each of these organizations competes against each other for...
Porter´s Five Forces – to analyse Business Competition
Category : methods & concepts
Michael Porters Five Forces theory has altered how we look at companies' profitability within an industry. For this reason, this theory is one of...
BCG Matrix for Indicating a Portfolio
Category : methods & concepts
The BCG matrix is a planning and analysing tool developed for Boston Consulting Group by Bruce D. Henderson in 1968. Its purpose is to...
ABC Analysis – Prioritize your Inventory
Category : methods & concepts
In inventory management, it can be pretty challenging to deal with several suppliers and thousands of parts. That is why your organization’s personnel must...
Eisenhower Matrix for Time Management
Category : methods & concepts
Tasks are every day's responsibilities that each person requires to attend. Prioritization is crucial to ensure productivity in terms of urgency and importance. The...
Business Model Canvas – Key Components Explained
Category : methods & concepts
Starting a business from scratch is quite a challenge. It requires a lot of work and planning. The amount of preparation put into the...