If you follow our site, you’ll know we love to focus on problem-solving tools. In the past, we’ve covered things like the problem solving model, and the 7 step problem solving technique that you might want to check out. But why focus on problem-solving? Simple. Great problem enables great business. In today’s article, we’ll be […]
Author: Richard S
Skills Leadership Theory
Leadership can mean a variety of things to different people. Perhaps you regard your current manager as a leader, or maybe you think it relates more to the executive leadership in your organization? You might think that leaders require a diverse range of skills or you might think that they don’t need many at all. […]
Probability Impact Matrix
In this article, we are going to take a look at a tool usually used in the analysis and control of risk, the Probability Impact Matrix. The Probability Impact Matrix is a simple tool that utilizes a combination of impact and probability variables to help in both categorizing and determining the priority of specific risks. […]
Monroe’s Motivated Sequence
In this article, we’re going look at Monroes Motivated Sequence, which is a method of structuring communication to motivate an audience to take action. In the article, we’ll have a look at The structure of the method and how to apply it. Pro’s and Cons of the method Alternatives to the sequence The Powerpoint trap. […]
Leader-Member Exchange Theory
In this article, we’re going to look at the Leader-Member Exchange Theory (or LMX for short). We will assess how it helps us understand interactions and relationships within a business and how they can impact performance. Background to Leader Member Exchange Theory The Leader-Member Exchange Theory looks to examine the relationships between leaders/managers and their […]
Gibbs Reflective Cycle
In this post, we will be taking a detailed look at the Gibbs Reflective Cycle. The tool’s main purpose is to provide a structured/framework from which to learn from experiences that you may have and drive change. As you learn from and reflect on events and experiences, you are able to drive different behaviors to […]
The Blake Mouton Managerial Grid
One aspect of all businesses is that there are usually layers of management within them. But what are the value of these leaders and what are the signs that they will do a good (if not exceptional) job? How can you calculate or model their effectiveness? And how do you know yourself if you’re an […]
Cost Leadership Strategy
As I wandered around my local supermarket earlier today, I saw many other shoppers perusing the shelves of competing products. Several thoughts struck me, why had I picked this supermarket and what makes us choose which products we buy? As buyers how much of our choice is driven by low cost? Don’t we all shop […]
Cause and Effect Chart – definition & examples
In this article, we will be looking at the Cause and Effect chart. We’ll also provide a review of the associated process, how it can help in business and how to create a cause and effect chart. Finally, we’ll look at some examples and how it’s used as well as some issues to look out […]
Decision matrix template – (with template examples in excel)
In this article, we’re going to cover the importance of decision making, why you need a structured process and how to create a decision matrix template. Most of us are faced with decision making during our daily lives, from the relatively simple ones like “What shall I have for breakfast” through to more complex decision […]