Project planning is a phase of the project management process, through which scopes, goals, timelines, resources, and costs are specified. It is an essential aspect of the lifecycle of a product and is directly linked...
Change is a familiar concept for most businesses today. To keep up with the pace of innovation, organizations should be able to change their direction (strategy, operations, processes, etc.) fast. If you’ve already tried making...
SWOT Analysis is a business tool/technique used as a part of a marketing plan and overall business strategy. It is used to provide a close assessment of the company’s efficiency in dealing with its internal...
The Ansoff Matrix, also known as the Ansoff product/market Growth Matrix, is a strategic planning tool used to analyze and generate four alternative directions for the strategic development of a business or corporation. In a...
John Kotter is a change management guru, and his eight-step change model provides a guide for transformational leadership. His book, Leading Change is considered as one of the twenty-five most influential books on business management...
When you embark on a project, you plan to succeed, but few projects are without their problems. Critical Chain Project Management (CCPM) was added to the Project Management Body of Knowledge (PMBOK) in 1996, and...
In today’s business world, change is a given. Agile businesses that can adapt to changing circumstances and continuously improve their processes gain an edge over their competition. But deciding what needs to change and how it...
Change: it’s meant to be positive. Your intention is to make things better, easier, and to fast-track the route to success. Why, then, do you encounter so much resistance to change? Sometimes, your hard-working employees...
The executive summary also referred to as management summary (an older term), is a short document that accompanies a larger document such as a business plan proposal, or a growth strategy plan. Usually, it summarizes...
A friend once said that the critical path method is used because “Whatever you do, something else has to happen first.” That’s a trifle overly simplistic, but it’s a good starting point for an introduction...