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Decision Matrix Analysis

Do you ever feel a bit overwhelmed when you have to make an important decision? Don’t worry – you certainly aren’t alone. Making big decisions is the hardest part of being in a management position, and making good choices is usually what separates the successful managers from the rest. As you are probably aware, the best way to make an important decision is to wor [...]

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Adizes’ Corporate Lifecycle

Much like people, corporations move through a lifecycle. Again like people, these lifecycles are not perfectly predictable, although they do have certain characteristics that are shared from company to company. As defined by Dr. Ichak Adizes, the lifecycle of a corporation can be broken down into 10 unique stages. One of these stages – called Prime – is the ideal st [...]

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The McKinsey 7-S Framework

Every organization needs to have specific objectives, or goals, that it is striving to achieve. Without these targets in place, it is easy for a business to just ‘wander’ from day to day, without ever making any headway in the market. If your company is going to not just scrape by, but actually thrive moving forward, you want to have clear and measurable objectives that you [...]

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Weisbord’s Six-Box Model

A framework developed by Marvin Weisbord, this model is one that can help you to accurately assess the functioning of your organization. One of the advantages of using this specific model is its ability to adapt to just about any business that you happen to be in. The model is meant for use ‘across the board’, so you should find it helpful regardless of your field. [...]

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VRIO Analysis

When you set out to analyze your business and its strengths and weaknesses, using VRIO analysis is one of the best tools for the job. This is a business analysis framework that is used by a wide range of organizations, and there is a good chance that you will find it beneficial for your business regardless of your specific sector or industry. The title of this framework [...]

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Ohmae’s 3C Model

It is easy to overcomplicate things in business. If you are a business owner or manager, you know this fact all too well. With a whole world of potential customers to serve, and an endless stream of products and services which you could offer to those customers, it is easy to get in ‘over your head’. Rather than focusing on what it is that you do best, you might feel the pu [...]

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Kay’s Distinctive Capabilities Framework

You might find it hard to feel ‘distinctive’ in the business world. After all, there is an incredible amount of competition in nearly every market, and it seems that all of the good ideas have either been used already, or they have been copied as soon as they hit the market. So how can you stand out and rise above the competition when there is so much market saturation alre [...]

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The Value Net Model

A system developed by Adam Brandenburger and Barry Nalebuff, the Value Net Model is something that can help businesses change the way they think about competition. This model allows you to think about competition in a whole new way – rather than only thinking about the competition as something you need to eliminate, the model actually will help you think about competition as [...]

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Porter’s Value Chain Analysis

Offering customers value is at the heart of doing business successfully. Think of yourself as a consumer rather than a business owner or manager – what do you look for when you spend your own money? Value, of course. Above everything else, this is always what you think of when you decide whether or not to make a purchase. Often, people will refer to this point as ‘g [...]

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Mintzberg’s Organizational Configurations

There is no one right organizational configuration for all businesses. The best way to arrange one business could be completely wrong for another, based on a variety of factors. It is up to the management of any organization to determine exactly what kind of structure is going to be most effective based on the market, goals, and more of that particular business. Many co [...]

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The Greiner Curve

Growth is seen as a great thing in business – and in many cases, it certainly is. After all, if a business does not grow, it is destined to disappear in the end. All businesses start work each day with the goal of growing toward a better, and more profitable, tomorrow. However, there are tons of challenges that come along with growth, meaning that each company has to [...]

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The EPG Model

It can be difficult for any organization to maintain its focus and direction, but that is especially true of firms that do business on an international level. When an organization grows to the point of having operations in more than one country, it will always run the risk of going off in too many different directions to be successful. Instead of moving in directions that are n [...]

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The Recognition-Primed Decision Model

In business, you don’t always have a lot of time to make a quality decision. While it would be great to be able to sit down in your office for a period of time to think through the various options at hand before making a choice, that simply isn’t how things work in the real world. Sometimes, you have to act quickly based upon the information that you have available. [...]

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The OODA Loop

You already know that you will have to make a lot of good decisions if you are going to keep your company on track in both the short and long term. As an owner or manager, it is up to you to make the tough choices that steer the business in the right direction. To do so, you may wish to turn to tools such as the OODA Loop. This model is relatively simple and straightforward, [...]

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The Kepner-Tregoe Matrix

How many decisions do you make in a day? That probably isn’t a question that you think about very often, but you might be a little bit shocked when you take a moment to think about how many choices you actually make in a given day. Decisions are a regular part of life, and a regular part of business. The quality of the decisions you make is going to have a profound imp [...]

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The Vroom-Yetton-Jago Decision Model

No business will be successful without quality decision making. At the heart of all business success stories is a series of quality decisions that kept the organization pointed in the right direction. There are always opportunities to go off track when you are managing any kind of organization, so making quality decisions all along the way is critical for your success. O [...]

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Mullins’ Seven Domains Model

Most new businesses fail – but you probably already knew that. Why is it that most new ventures never really get off the ground? Mostly, it is due to a lack of planning and forethought on the part of the founder or founders. It is incredibly difficult to succeed in business, and only those who truly think through their plans to refine them as necessary are going to be [...]

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McKinsey’s Seven Degrees of Freedom for Growth

There are a number of different ways in which an organization can choose to grow. While many companies stick to just one or two proven plans for how they are going to continue to get bigger, that choice may wind up limiting them in what they can accomplish into the future. Rather than getting stuck in a rut doing the same old things over and over again, it is beneficial [...]

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The Pyramid of Organizational Development

Developing an organization is no easy task. Well, more accurately, developing a successful organization is no easy task. If you are going to take your business toward the kind of success that you envisioned when you first began operations, it is necessary to construct your company in a way that facilitates growth and development. Many companies start out with a poor str [...]

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Deming’s Five Diseases of Management

Good management is at the heart of successful business. It is the management team that is going to make the decisions which will either allow the company to thrive, or cause it to struggle, in the weeks, months, and years ahead. While there is more that goes into a company’s success than just good management, it is key to have this ingredient in place at the top of th [...]

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