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A3 Thinking
Also known as A3 Problem Solving. Variants include 8D and CAPA. As a leader, a big part of your job is to solve problems as they come up. There are many approaches and tools that can help in the area of problem solving which is the driving force behind continuous improvement. They range from the […]
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PEST Analysis
Also known as Environmental Scanning Analysis. Variants include STEEPLED and PESTLE. PEST analysis is a strategic and structured tool for evaluating the external environment of an organization. It allows any organization to understand the macro-environmental factors that affect its performance and its ability to grow. The aim is to understand how those external factors will […]
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Four Field Matrix
A Four Field Matrix is an effective model for planning, organizing and making decisions. It is a two-dimensional chart that consists of four equal-sized quadrants. Each of the quadrants will describe a different aspect of information. Sometimes it is referred to as the Four Quadrant Matrix or the Four Celled Matrix.
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Project Closure
Projects are time bound by nature. They have to be implemented within a specific period of time. Project Closing is the final phase and an important aspect of the project life cycle. It is, however, one of the most neglected project management activities. A Project Closure is often used in this phase to formally close […]
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RACI Matrix
Also known as Role Matrix, RACI Chart and ARCI Matrix. Variants include Responsibility Assignment Matrix, Linear Responsibility Chart, and RASCI. When multiple people work on a particular project for example, it is easy to assume that someone else is taking care of an activity or assignment. You may hear arguments like, “I didn’t know I […]
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Risk Analysis
Risk Analysis is a process that helps identify and assess potential threats that could affect the success of a business or project. It allows to examine the risks and includes means to measure, mitigate and control them effectively. It is part of the larger process of risk management although risk management can also refer to […]
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PDCA Cycle
Also known as Shewhart Cycle and Deming Wheel. Variants include PDSA Cycle and OPDCA. A PDCA cycle is a four-step model for problem solving and continuous improvement. It provides a simple and structured way for solving problems and creating positive change. It is widely recognized as the basis of continually improving the quality of processes, products, and […]
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Gantt Charts
When managing projects, large number of activities are to be controlled and completed on time. If you miss a deadline, the costs may increase considerably and you may even be penalized. A Gantt Chart is a visual representation that provides an instant overview of the status of a project. It outlines all activities involved in […]
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Project Charter
Also known as Project Summary, Project Initiation Document, and Project Definition Report. Variants include Project Statement of Work and Terms of Reference. Once a project opportunity has been identified, it must be translated from a concept into a well-written project charter. A project charter is a one-page document that summarizes the fundamental information of a […]
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SIPOC Analysis
Also known as SIPOC mapping, COPIS and System Analysis. Variants include IPO. A SIPOC Map is high-level summary of a process. It provides a big picture view of the key elements of the process to understand the context in which the process occurs. It represents the flow of the process and its key elements in […]
Continuous Improvement Toolkit
Effective Tools for Business and Life!