Memory Craft for Entrepreneurs: Building a Better Business Mind
Memory Craft by Lynne Kelly. A 1 Hour Guide Summary by Anil Nathoo.
BHAG
What is it? A Big Hairy Audacious Goal (BHAG) in “Good to Great” is a highly ambitious and inspiring long-term objective that unites and motivates an organization, serving as a…
Ansoff Matrix
What is it? The Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic planning tool used by businesses to devise growth strategies. It was developed by Igor…
Value Chain Model
What is it? A value chain refers to a series of interconnected activities that a company engages in to create and deliver a valuable product or service to its customers.…
McKinsey 9-Box Matrix
What is it? The McKinsey 9-Box Matrix, also known as the McKinsey Talent Assessment Grid, is a management tool used for assessing and visualizing an organization’s talent pool. It is…
Cultural Web Model
What is it? The Cultural Web Model is a concept developed by Gerry Johnson and Kevan Scholes in the field of organizational culture and management. It is used to analyze…
Strategy Maps
What is it? A Strategy Map is a visual tool used in strategic management to communicate and illustrate an organization’s strategy in a clear and concise manner. They are often…
Scenario Planning
What is it? Scenario planning is a strategic management tool used by organizations to anticipate and prepare for possible future events and developments. It involves creating a set of scenarios…
Living Standards Measure (LSM)
What is it? LSM stands for “Living Standards Measure.” It is a segmentation tool widely used in South Africa to categorize the population based on their living standards. The LSM…
SWOT Analysis
What is it? SWOT analysis is a strategic planning and management technique used to assess and evaluate the internal and external factors affecting an individual, organization, or project. It stands…