A SWOT Analysis, also known as Competitor Profiling when leveraged on a competitor, is a structured planning method used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or in a business situation. A SWOT Analysis can be carried out for a product, place,... more
This online course will describe Porter’s Four Corners, Five Forces, and Six Forces predictive analysis models that organizations apply to internal situations to determine realistic competitor reactions. Each of the three models will be explained along with their strengths, weaknesses, criticisms,... more
Quality is a competitive tool that can result in considerable advantage to organizations that effectively employ its basic principles. Improving quality has become an important business strategy for many organizations including manufacturers, distributors, transportation companies, financial... more
Cost-Benefit Analysis (CBA) is a systematic approach to estimating the strengths and weaknesses of alternatives that an organization is considering. It is a technique that is used to determine options that provide the best approach in terms of benefits outweighing costs. A CBA is also defined as a... more
Any time you modify how a company functions, you are asking employees to move outside of their comfort zone, and trust that the change is for the better. The problem with that, is only 22% of frontline employees report that they enjoy leaving their comfort zone. If you want to move past your... more
Any time you modify how a company functions, you are asking employees to move outside of their comfort zone, and trust that the change is for the better. The problem with that, is only 22% of frontline employees report that they enjoy leaving their comfort zone. If you want to move past your... more
