Business in brief library

Strategy and Planning Techniques

Operations Strategy Matrix

Operations Strategy Matrix

The operations strategy matrix is a tool used by strategy professionals to assess major factors that affect company operations. The concept will assist organisations in making better strategic operational decisions and reducing risks. It draws special attention to the success factors and implementation step recommendations.

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Organisation Development

Organisation Development

OD interventions aim to find out the root cause of problems so that robust, sustainable solutions can be implemented. Application advice, typical success factors and measures provide practical advice on how to succeed with OD projects.

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Outsourcing

Outsourcing

This concepts describes the operational transfer of one or more business processes from an origin company to an external provider. It explains the potential benefits of outsourcing and also the many risks and drawbacks that all companies need to be aware of.

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Paradigm and Paradigm Shifting

Paradigm and Paradigm Shifting

Paradigms are generally defined as a framework that has unwritten rules and that directs actions. A paradigm shift occurs when one paradigm loses its influence and another takes over. The concept defines paradigm and paradigm shift and explains how it can relate to company strategies and industry cycles.

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Phases of Change

Phases of Change

Lewin’s phases of change model has made an important contribution to the study of organisations and management. Strengths and weaknesses of the theory are considered within a business context and practical implementation guidance is provided.

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Portfolio Management

Portfolio Management

Portfolio management requires making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance. The concept explores these in more detail and offers a few case studies on how companies across different sectors benefit from it.

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Positive Risk Management

Positive Risk Management

Negative risks are clearly of great concern to organisations. However, it is increasingly recognised that the term “risk” is often too narrowly defined. Positive risk management is primarily concerned with identifying, assessing and managing potentially beneficial outcomes.

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Processual Approach to Change

Processual Approach to Change

The processual approach highlights the importance of context in examining unfolding processes of change. Rather than follow concrete steps to make change happen, leaders are encouraged to focus on two main principles underlying the theory.

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Production Possibility Frontier

Production Possibility Frontier

The concept describes the importance of understanding the production possibility frontier (PPF) - an essential concept in economics. It provides an overview of the concept, as well as case study evidence and step by step guidance on how to illustrate the PPF in graphical form.

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Programme Evaluation and Review Technique

Programme Evaluation and Review Technique

Many leading organisations have used Programme Evaluation and Review Technique (PERT) to estimate the probability of completing projects on time. The concept provides step by step advice on implementing PERT and the conditions and measures for success.

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Project Governance

Project Governance

Project governance is the lynchpin of project success, ensuring alignment with strategic goals. It’s not a constraint but a compass, leading to excellence. It is a structured framework for planning, execution and control. It ensures stakeholder engagement, risk mitigation, resource management and decision making.

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Punctuated Equilibrium Model

Punctuated Equilibrium Model

Punctuated equilibrium model (PEM) is an important model of organisational change in which change is relatively stable but experiences short bursts of fundamental change. The concept explains the strengths and drawbacks of the model and uses illustrative case studies to highlight the usefulness of the PEM for explaining change.

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