Developing your roadmap and deciding what products or services to invest in can be a daunting task. The challenge is evaluating which products have the highest market attractiveness (more significant reach and impact on revenue), and greater ease of implementation.
Whether your organization follows Lean Six Sigma, continuous improvement, or agile practices, identification and prioritization of improvement initiatives is a critical first step when undertaking a new project.
The RFP Response Evaluation & Vendor Selection model is a transparent and collaborative model that helps the evaluation teams to objectively examine the proposals and select the best one with which to move forward.
The Root Cause Analysis allows teams to identify and explore in detail the specific root cause of a problem, while providing supporting evidence at each step. This method allows teams to objectively focus on the cause of the problem.
The SWOT/TOWS (threats, opportunities, weaknesses, strengths) model helps groups develop a prioritized set of strategies and next actions to leverage their strengths and opportunities, and minimize weaknesses and threats.
The premortem, developed by Gary Klein, is a method used to anticipate project failures before they actually occur. Like a medical postmortem, it examines how a project failed – but it’s conducted before the failure occurs so there’s still time to prevent it.
The dependencies identification and monitoring process is a critical part of effectively managing risks for an organization’s initiative, objective, or strategy. It can be used on its own or as part of a comprehensive risk assessment.
Issue Identification and Prioritization addresses the issues an initiative is facing, and prepares the organization to manage them before they adversely affect the outcomes. Issues are identified, classified by category.
The assumptions identification and validation process is a critical part of effectively managing risks as part of a risk assessment for an organization’s initiative, objective, or strategy. Assumptions are identified, classified by category....
The risk identification and assessment process is a critical part of effectively managing risks or events as part of an organization’s Enterprise Risk Management (ERM) program. Risks are identified, and then classified by risk category
Defining success is the first (and one of the most essential) steps in the ‘pre-planning stage’ of any initiative, and should be completed with representatives from multiple stakeholder groups from across your organization.
During Lean and Continuous Improvement initiatives, teams are challenged to find alternative ways to design a product, a process, or solve a problem. Alternatives can be identified using the “7-Ways” approach by ‘noodling’ in Powernoodle