Many of us are faced with the challenge of solving problems on a daily basis. The good news is that there’s a vast range of problem solving tools and techniques available to help do this. However, if you’re going to be successful, one of the principal activities you’ll be required to get to grips with is building […]
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How to create a problem-solving flow chart
Problem-solving is one of those topics that we’ve often discussed on this site (check out our Problem Solving guide). We think it’s one of THE vital skills of business. Why? Because you’ll come across problems every day, and you need to arm yourself with the right tools to solve them. A problem-solving flowchart is one of those […]
What are the four types of sustainability
Sustainability has become ever-present in today’s world. But what is sustainability? How can we better understand it, what aspects of our world require focus and attention if it is to be delivered successfully? Sustainability has relevance to individuals and businesses. It is important at a national and global level. In today’s article, we’ll be looking […]
Vendor Selection Process
Most organizations recognize how complex selecting the appropriate business partner can be. Most competent organizations understand that you need to approach Vendor Selection as a process. Without this approach, it can become highly subjective and emotional. In today’s article, we’ll be looking at the Vendor Selection Process. We’ll aim to show you What is a […]
MECE Framework
The MECE framework is a methodology, often used by management consultancy companies, that can be used for solving complex problems by breaking down and organizing data. But why focus on problem-solving? Simple. Problem solving enables businesses to function to their potential In today’s article, we’ll be looking in detail around the MECE problem-solving toolset and […]
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 […]
Inverted U theory
In this article, we’ll be taking a look at the inverted U theory or Yerkes-Dodson Law as it’s otherwise known. We’ll aim to provide: An understanding of the model, How it explains the subtle relationship between performance and pressure/motivation The inverted U chart How you can utilize this in a business context. What issues exist […]
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 […]