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…
One Minute Manager
The Book in One Sentence “The One Minute Manager” introduces a management philosophy centered around setting one-minute goals, giving one-minute praises, and addressing one-minute reprimands to achieve productive and positive…
Show Your Work
The Book in One Sentence “Show Your Work!” by Austin Kleon advocates for creators to share their creative process openly, embrace the digital realm, and foster a collaborative and supportive…
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…