SWOT stands for Strengths, Weaknesses, Opportunities, and Threats and SWOT analysis is often used to assess a project, a venture or reflect on the organization’s relative forces compared to competition and business. A SWOT analysis can be done on one’s self in order to get clarity about one’s Strengths, Weaknesses, Opportunities, and Threats, before a … Continue reading Did you already SWOT yourself?
In this 5 minute excerpt from the Logical Thinking Process (LTP) Alumni reunion with Bill Dettmer, June 2016 in Paris, France, I explain my 3-color system for assessing the current reality with a Goal Tree. The 3-color system is a visual management tool to assess the organization's readyness to achieve its Goal and shows where … Continue reading 3-color system for Goal Trees
Theory of Constraints (TOC) provides a framework to identify, exploit, set pace and elevate* the constraint, or put in simpler words: identify the bottleneck in the process and make the best with it. *Identify, exploit, subordinate, elevate and prevent inertia are known as the “five focusing steps” of Theory of Constraints. In this constraint or … Continue reading TOC-based decision for best product mix
This weird title “Play big on small data” suggests the utilization of big data principles on small data sets. “Small” is to be considered relatively to huge amount of data big data can manage, which is not necessarily only a handful. I came across big data with former colleagues who were IT experts and got … Continue reading Play big on small data
In this post, I assume in near future correlation will be more important than causation* for decision-making, decisions will have to be made according to “incomplete, good enough” information rather than solid analyses, thus big data superseding Six Sigma. *See my post “my takeaways from Big data” on this subject In a world with increasing … Continue reading Why Big data may supersede Six Sigma
I got my first explanations about Big Data from experts who were my colleagues for a time. These passionate IT guys, surely very knowledgeable about their trade, were not always good about passing somewhat complex concepts in a simple manner to non-specialists. Yet they did well enough to raise my interest to know a bit … Continue reading My Takeaways from Big data, the book
Listen to the podcast and/or read the transcript, especially the "turkey illusion". You won't forget this little story!