What is SWOT Analysis? SWOT Analysis (also known as strengths, weaknesses, opportunities and threats analysis) is the easiest way to
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Swiss Knife: Your visual competitive analysis toolbox
Strategic analysis is the core step of the strategic planning cycle. Every strategist should have a set of analytical model tools to deal with. However, there are many techniques and tools available for strategic analysis. If you search Google on the Internet, you will find many options available.
Continue readingSimple Thinking Tools: T charts and Y charts
Both T-charts and Y-charts help to graphically organize and record ideas, feelings and information, while identifying and focusing on what teachers / students already know, understand, value and can do. It enables students / teachers / teachers to compare and contrast ideas, feelings and information in various context.
Continue readingWhat is Interrelationship Diagram?
An Interrelationship Diagram is a visual display that maps out the cause and effect links among complex, multivariable problems or desired outcomes. With the linked connections, you can better analyze the cause-and-effect relationships that exist among all factors of a complex situation
Continue readingCritical Thinking: What is Y-Chart?
The Y-Chart is a graph consisting of three parts which can help organize the understanding of the subject by writing down and/or drawing the look, feel and sound of the subject. (1) What Does It Look Like? (2) What Does It Feel Like? (3) What Does It Sound Like?
Continue readingWhat is Reverse Brainstorming?
The reverse brainstorming lets you create unusual and wild ideas if the brainstorming process fails to meet the requirements. When typical brainstorming encounters difficulties, it’s time to be creative. A highly creative brainstorming technique is called reverse brainstorming. It can not only make ideas flow, but also bring a lot of fun. More importantly, it can stimulate innovative ideas and useful insights to produce positive results.
Continue readingBrainstorming Techniques Toolkit
Brainstorming is a group creativity technique by which efforts are made to find a conclusion for a specific problem by gathering a list of ideas spontaneously new ideas and possibilities. It’s a classic method widely used in business activities such as problem-solving, failure analysis, new product ideas, sales increasing, product improvements, etc.
Continue readingSWOT Analysis with Examples
SWOT analysis is a technique developed at Stanford in the 1970s, frequently used in strategic planning. SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats and is a structured planning method that evaluates those four elements of an organization, project or business venture. A SWOT analysis is a simple, but powerful, framework for leveraging the organization’s strengths, improving weaknesses, minimizing threats, and taking the greatest possible advantage of opportunities.
Continue readingIndustry Analysis — An Quick Introduction
Industry analysis is a tool to help companies understand where they stand compared to other companies that produce similar products or services; Understanding the impact factors across the industry is an important part of effective strategic planning that enables small business owners to identify threats and opportunities facing their business and focus resources on developing unique capabilities that provide a competitive advantage.
Continue readingFive Forces Analysis Explained
A Five Forces analysis can help companies assess industry attractiveness, how trends will affect industry competition, which industries a company should compete in — and how companies can position themselves for success.
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