Business in brief library

Operations Techniques

Systems Thinking

Systems Thinking

Systems thinking is a highly influential technique that all leaders should understand. The advantages of systems thinking in a business context are explained and how managers and leaders can develop systems thinking to improve organisational performance.

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The Golden Thread

The Golden Thread

The “Golden Thread” is a performance framework that explains how an organisation’s goals, values and vision are aligned and woven into the fabric of the organisational hierarchy. The concept explains how the Golden Thread can be applied within an organisation and the benefits of having a shared vision and clear performance metrics.

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The Importance of the Business Case

The Importance of the Business Case

To many the business case is merely bureaucratic overreach which, when created and approved, is discarded never to be looked at again. However, this couldn’t be further from the truth. Instead, the business case should be seen as vital as it justifies the investment in a project and provides the rationale for why it should be undertaken.

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Theory of Constraints

Theory of Constraints

Theory of constraints is an essential concept in operations management to remove bottlenecks in the throughput chain. The concept explains best practice implementation and the critical factors for success.

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Time Series Models

Time Series Models

Time series analysis is a useful business forecasting technique. The concept breaks down the technicalities of time series analysis and gives a balanced overview of its strengths and drawbacks - and how to avoid pitfalls when using it.

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Total Quality Management

Total Quality Management

The concept analyses various aspects of TQM with emphasis on its strengths and limitations. It also examines the key elements of the approach and some critical factors that can influence its implementation process.

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Transformational Leadership

Transformational Leadership

The concept outlines core ‘constants’ that can be used to develop effective leadership within the organisation and describes the principles that underpin transformational leadership. The concept will give you an understanding of how to adopt this approach in any organisational setting.

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Tuckman’s Team Development Model

Tuckman’s Team Development Model

Building and managing successful teams does not happen automatically but rather it develops as teams work together. Ensuring that the team works well together and delivers to a high standard is a critical component of achieving organisational and project success.

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