ABC-Analysis
Jan
26

ABC Analysis – Prioritize your Inventory

Kategorie : methods & concepts

In inventory management, it can be pretty challenging to deal with several suppliers and thousands of parts. That is why your organization’s personnel must...

Eisenhower Matrix
Jan
19

Eisenhower Matrix for Time Management

Kategorie : methods & concepts

Tasks are every day's responsibilities that each person requires to attend. Prioritization is crucial to ensure productivity in terms of urgency and importance. The...

Business model canvas components
Nov
12

Business Model Canvas – Key Components Explained

Kategorie : methods & concepts

Starting a business from scratch is quite a challenge. It requires a lot of work and planning. The amount of preparation put into the...

Balanced scorecard
Nov
05

Balanced Scorecard- Definition and Perspectives

Kategorie : methods & concepts

Balanced scorecards were mainly created to help businesses monitor their activities using a different perspective to achieve progress. This article will discuss the importance...

SMART Goals
Oct
29

SMART Goals – Definition, Advantages & Disadvantages

Kategorie : methods & concepts

SMART belongs to methods & concepts and is an acronym used as a guideline when setting objectives for personal development, project management, and managing...

Oct
20

PESTEL Analysis – External Business Environments

Kategorie : methods & concepts

A PESTEL analysis is a business tool used by organizations looking to introduce a new product or service to the market. It is an...