Venn diagrams are graphical or pictorial representations of relationships between different groups of things. Venn Diagram was invented by John Venn around 1880. Venn diagrams are also called set diagrams. Venn diagrams give a logical representation of the groups or sets. Relationships between two or three sets can be easily understood with the help of Venn diagrams. In mathematics, Venn diagrams are used to analyze known information obtained from surveys, data reports, and tables.
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Strategic Planning to Actionable Items: From SWOT to TOWS Analysis
SWOT matrix is a planning tool, whereas TOWS matrix is an action tool. In SWOT analysis you identify all the Strengths, Weaknesses, Opportunities, and Threats in point form. After that you think of each point as a singular perspective. Whereas, TOWS matrix identifies the relationships between these factors and selecting strategies on their bases. Strengths and weaknesses are abstract concepts that can be hard to think about without any sort of context.
Continue readingEnterprise Integration Patterns (EIP) Tutorial
Enterprise Integration Patterns (EIP)is a book by Gregor Hohpe and Bobby Woolf and describes 65 patterns for the use of enterprise application integration and message-oriented middle-ware in the form of a pattern language. They help us use standardized ways to integrate applications, no need to reinventing the wheel each time you have a problem.
Continue readingA Comprehensive Tutorial on SSADM
Structured Systems Analysis and Design Method (SSADM) structural systems analysis and design methods, standards set in the early 1980s development, is widely used in the design and application of the calculation. It uses a combination of text and diagrams for system design throughout the life cycle, from the initial design concept to the application of actual physical design.
Continue readingA Comprehensive Guide to BPMN
BPMN stands for Business Process Modeling Notation. BPMN is very similar to the concept of flowcharting that has been around since the 1980s. Like flowcharting BPMN modeling has the aim of allowing a person to map a workflow in such a way that it can be understood easily by other interested parties.
Continue readingA Comprehensive Guide to 14 Types of UML Diagram
The Unified Modeling Language is a standardized general-purpose modeling language and nowadays is managed as a de facto industry standard by the Object Management Group (OMG). UML includes a set of graphic notation techniques to create visual models for software-intensive systems. In UML 2.2 there are 14 types of UML diagrams, which are divided into two categories
Continue readingStrategic Planning with Strategy Map & Balanced Score Card
A strategy map developed by Robert S. Kaplan and David P. Norton as part of their Balanced Scorecard framework for strategic planning and management. A strategy map is a visual representation of a company’s overall objectives and how they relate to one another on a single page.
Continue readingBusiness Model Canvas — Learn By Examples with Free Online Software
Business Model Canvas is a strategic and business management template for developing new or documenting existing business models. It is a visual chart with elements describing a firm’s or product’s value proposition, infrastructure, customers, and finances.
Continue readingWhat is LeSS Framework? Scrum vs LeSS Basic vs LeSS Huge
LeSS is a lightweight, Agile framework for scaling Scrum to more than one team. Starting in 2005 Bas Vodde and Craig Larman developed the LeSS framework after using Scrum principles and rules on large scale projects. Their goal was to develop large scale projects successfully while staying within the constraints of Scrum.
Continue readingHow to Create a DMAIC Implementation Plan?
DMAIC refers to a data-driven quality strategy for improving processes and is an integral part of the company’s Six Sigma Quality Initiative. DMAIC is an acronym for five interconnected phases: Define, Measure, Analyze, Improve, and Control. All of the DMAIC process steps are required and always proceed in the given order.
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