Blog
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How-How Diagrams: A Practical Approach to Problem Resolution
Also known as How-How Analysis and Value Driver Analysis. Once a business problem is identified, it is important to find a solution that will permanently solve the problem. Oftentimes, you have to get to the root cause of the problem to understand why it’s…
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Leveraging Gap Analysis for Continuous Improvement
Also known as Need Analysis and need Assessment. Related topics include Variance Analysis and McKinsey 7S. A gap is a problem, issue or challenge, and could be an opportunity for improvement. Gap analysis is a method used to compare and evaluate the deference between…
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Project Closure Template
When it comes to wrapping up a project, the project closure phase often goes unnoticed. A project closure is a formal documentation that enables to assess the project outcome against its initial objectives. It is an important part of the overall project life cycle…
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Project Charter Template
A Project Charter is a one-page document that enables stakeholders to review the project and commit to support. It serves as a contract that helps the project team to stay on track to achieve the goals of the project. It is important that project…
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Analyzing and Monitoring Processes through Time Value Mapping
Also known as Time Value Chart. Related topics include Value Stream Timeline. A time value map is a graphical representation of the value-added and non-value-added time within a business process. It focuses on what adds value to a business process as perceived by the…
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Pugh Matrix Template
The main idea behind the Pugh matrix is to compare a set of alternatives against a standard to identify the most suitable option. A basic matrix consists of the alternative proposals and a set of criteria.
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From Red to Green: Enhancing Decision-Making with Traffic Light Assessment
Also known as Traffic Light Rating System. Traffic Light Assessment is a rating system for evaluating the performance in relation to predefined goals. This system facilitates the clear and effective communication of performance metrics, leveraging universally recognized traffic light colors (i.e., red, yellow, and…
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Hand of Values
How to Make Your Personal Core Values Memorable? The Hand of Values is a tool that makes someone’s personal values more memorable. The idea is very simple and straightforward. Each part in the hand represents a specific value that when touched, it triggers a…
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How a Process Library Can Solve Business Efficiency Problems
A misconception many organizations have is that efficiency problems are due to a lack of employee engagement. However, if you don’t have a standard way of working, the same task may be performed in 10 different ways by 10 different people. If your organization…
