Business in brief library

Strategy and Planning Techniques

Processual Approach to Change

Processual Approach to Change

The processual approach highlights the importance of context in examining unfolding processes of change. Rather than follow concrete steps to make change happen, leaders are encouraged to focus on two main principles underlying the theory.

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Production Possibility Frontier

Production Possibility Frontier

The concept describes the importance of understanding the production possibility frontier (PPF) - an essential concept in economics. It provides an overview of the concept, as well as case study evidence and step by step guidance on how to illustrate the PPF in graphical form.

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Programme Evaluation and Review Technique

Programme Evaluation and Review Technique

Many leading organisations have used Programme Evaluation and Review Technique (PERT) to estimate the probability of completing projects on time. The concept provides step by step advice on implementing PERT and the conditions and measures for success.

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Project Governance

Project Governance

Project governance is the lynchpin of project success, ensuring alignment with strategic goals. It’s not a constraint but a compass, leading to excellence. It is a structured framework for planning, execution and control. It ensures stakeholder engagement, risk mitigation, resource management and decision making.

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Punctuated Equilibrium Model

Punctuated Equilibrium Model

Punctuated equilibrium model (PEM) is an important model of organisational change in which change is relatively stable but experiences short bursts of fundamental change. The concept explains the strengths and drawbacks of the model and uses illustrative case studies to highlight the usefulness of the PEM for explaining change.

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Purchasing Consortium/Consortia

Purchasing Consortium/Consortia

Purchasing consortia are a key way to reduce purchasing costs and seek common solutions.Different types of consortia models, their strengths and weaknesses, the critical steps needed to establish a consortium, and a number of key metrics for ensuring success are provided.

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Requirements Gathering Approaches

Requirements Gathering Approaches

Requirements gathering is critical to developing data solutions that meet real stakeholder needs (Wiegers & Beatty, 2013). It transforms unclear expectations into actionable planning inputs, supporting alignment, accuracy, and usability across project phases (Theseus, 2023).

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Resource-Based Strategy

Resource-Based Strategy

The concept provides a review of resource-based strategy and describes some of its strengths and capabilities. It also looks at different variations of resource-based approaches that have developed in organisations over the last few decades.

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Reverse Supply Chain / Reverse Logistics

Reverse Supply Chain / Reverse Logistics

Reverse logistics has gained increasing importance as a profitable and sustainable business strategy. This concept describes a holistic view of reverse logistics and presents its main attributes, success factors and other useful professional tools.

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Root-cause Analysis

Root-cause Analysis

Root Cause Analysis (RCA) is a structured approach to uncovering the underlying causes of problems, rather than simply treating symptoms. By identifying systemic factors that contribute to failure, RCA enables sustainable solutions, strengthens operational learning, and enhances long-term organisational resilience.

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Scenario Planning

Scenario Planning

The concept describes what business scenarios are and how to build a step-by-step process when developing a strategic plan. You will also learn what factors are critical for the success of scenario planning and the advantages and disadvantages of this approach.

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Security and Ethical Challenges of IT

Security and Ethical Challenges of IT

IT ethics are moral guidelines that dictate how computers and other forms of technology are used. Managing complex IT securely, including safeguarding data, and networks from unauthorised access, breaches, and attacks is challenging and involves maintaining integrity, accountability, privacy and fairness in IT security decision-making and actions.

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Setting Personal Development Goals Using SWOT Analysis

Setting Personal Development Goals Using SWOT Analysis

Setting personal development goals helps data analysts align skills with organisational needs. Using SWOT analysis and SMART goals, they can address weaknesses, leverage strengths, and adapt to industry changes effectively (Locke and Latham, 2019; Deloitte, 2020).

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