Transition Project
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| − | '''SWOT''' stands for Strengths, Weaknesses, Opportunities, and Threats, and that translates a SWOT Analysis into a technique for assessing these four aspects of a business.The technique is useful for identifying the organization's current position strength on the market before they decide on any new strategy, as the technique will reveal what's working well, and what's not working so well for them, as well as identifying what they want to achieve in the future and how they might get there. | + | '''SWOT''' stands for Strengths, Weaknesses, Opportunities, and Threats, and that translates a SWOT Analysis <ref> https://www.mindtools.com/pages/article/newTMC_05.htm </ref> into a technique for assessing these four aspects of a business.The technique is useful for identifying the organization's current position strength on the market before they decide on any new strategy, as the technique will reveal what's working well, and what's not working so well for them, as well as identifying what they want to achieve in the future and how they might get there. |
To get an idea on how this is done, a visual representation of a SWOT Matrix is presented in Figure 4. | To get an idea on how this is done, a visual representation of a SWOT Matrix is presented in Figure 4. | ||
Revision as of 18:50, 5 March 2020
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Contents |
Collection of Tools
Natural Planning Model
The Natural Planning Model is a 5-step procedure detailed by David Allen that aims to describe how our brain plans naturally. Allen defines a project as any outcome requiring more than one action step. [2]
Here are the Natural Planning Model steps
1. Define Purpose and Principles
2. Envision the Outcome
3. Brainstorm
4. Organize
5. Identify the Next Actions
The Four-Criteria Model
The Four-Criteria Model - At any given time of the day, you can use 4 criteria to decide what you should do from among the many things that you could possible work on. The four criteria are context, time available, energy available and priority, in that order. We think that we must work on the task with the highest priority but you are often constrained by the first three criteria. [3]
The Golden Cirkel. -why? -How? -what?
The Golden Cirkel. -why? -How? -what? Is a three step model that analyzes, first the purpose (-Why?), the process (-How?) and what is the result, the product, what does the companey produce (What?). In other ways; "Why do we do it? How do we do it? and what is the result? -the product? ect.
Types of Uncertainty-Matrix
Types of Uncertainty-Matrix
I. Known known. The things we know we know
II. Known unknown. The thing we know that we can't know, how will the weather be in two month.
III. Unknown known. The things we don't know, but the knowledge exist.
IV. Unknown unknown. The unsertainty that we can't know aboute.
Value Proposition Canvas
written by Daniel Bahrin
The Value Proposition Canvas [1] is a tool that can be used to solve the problems of specific customer segments and fulfill their needs, by providing products and services that creates value for the customer. By value we refer to the incentive or attractiveness of a product, that will lead targeted customers to use, purchase or refer a company's product in the detriment of its competitor' offers.
Alexander Osterwalder describes the Value Proposition Canvas as a 'Plug-in' to the Business Model Canvas allowing the project manager to zoom in on creating value for the customers.[2].
The Value Proposition Canvas is composed of two parts - the value proposition map to the left and the customer segment map to the right, as seen in the following figure.
The rights side, or the “Customer segment” defines the reasons behind the project's execution, and show's the issues that the customers are facing and that the company wishes to address, as follows :
Customer Jobs: what are the jobs that the customer wants to perform
Pains: obstacles/issues/threats that the customer encounters before, during or after the job is completed
Gains: the customer's wishes and desired benefits
The left side or the “Value proposition map” defines de deliverables of the project, and the solution to the customer's problems, as follows :
Products & Services: all products and services delivered by the project
Pain Relievers: proposed solutions to the customer's problems
Gain Creators: benefits obtained by the customer through the use of products and services
Business Model Canvas
written by Daniel Bahrin
The business model canvas(BMC) is a great tool to help you understand a business model in a straightforward, structured way [4]. Using this canvas will lead to insights about the customers you serve, what value propositions are offered through what channels, and how a company makes money. The BMC can also be used to understand your own business model or that of a competitor! The Business Model Canvas was created by Alexander Osterwalder, of Strategyzer [5]. The BMC is comprised of 9 key areas, that describe the rationale of how an organization creates, delivers and captures value, as seen in Figure 2.
How to use it :
1. Customer segments : List the top three segments that you are interested in covering as a business. Look for the segments that provide the most revenue.
2. Value proposition : What are your products and services? What is the job you get done for your customer?
3. Revenue streams : List your top three revenue streams. If you do things for free, add them here too.
4. Channels : How do you communicate with your customer? How do you deliver the value?
5. Customer relationships : How does this show up and how do you maintain the relationship?
6. Key activities : What do you do every day to run your business model?
7. Key resources : The people, knowledge, means, and the money you need to run your business.
8. Key partners : List the partners that you can’t do business without (not suppliers).
9. Cost structure : List your top costs by looking at activities and resources.
SMART Goals Technique
written by Daniel Bahrin
S.M.A.R.T Goals or SMART [7], is an acronym that most commonly stands for: Specific, Measurable, Achievable, Relevant and Time-bound goals, and it is a tool that managers can use to guide their goal setting process in order to make their objectives realistic and achievable. An abstract depiction of a SMART goals worksheet is presented in Figure 3.
How to make use of the SMART Technique :
Paul J. Meyer, a businessman, author and founder of Success Motivation International [8] , characterizes the SMART goals in his 2003 book, "Attitude Is Everything: If You Want to Succeed Above and Beyond." [9], and uses the following SMART principles on how to explore, create, develop and achieve your goals:
Specific
Your goal should be clear and specific, otherwise you won't be able to focus your efforts or feel truly motivated to achieve it. When drafting your goal, try to answer the five "W" questions:
What do I want to accomplish? Why is this goal important? Who is involved? Where is it located? Which resources or limits are involved?
Measurable
It's important to have measurable goals, so that you can track your progress and stay motivated. Assessing progress helps you to stay focused, meet your deadlines, and feel the excitement of getting closer to achieving your goal.
A measurable goal should address questions such as:
How much? How many? How will I know when it is accomplished?
Achievable
Your goal also needs to be realistic and attainable to be successful. In other words, it should stretch your abilities but still remain possible. When you set an achievable goal, you may be able to identify previously overlooked opportunities or resources that can bring you closer to it.
An achievable goal will usually answer questions such as:
How can I accomplish this goal? How realistic is the goal, based on other constraints, such as financial factors?
Relevant
This step is about ensuring that your goal matters to you, and that it also aligns with other relevant goals. We all need support and assistance in achieving our goals, but it's important to retain control over them. So, make sure that your plans drive everyone forward, but that you're still responsible for achieving your own goal.
A relevant goal can answer "yes" to these questions:
Does this seem worthwhile? Is this the right time? Does this match our other efforts/needs? Am I the right person to reach this goal? Is it applicable in the current socio-economic environment?
Time-bound
Every goal needs a target date, so that you have a deadline to focus on and something to work toward. This part of the SMART goal criteria helps to prevent everyday tasks from taking priority over your longer-term goals.
A time-bound goal will usually answer these questions:
When? What can I do six months from now? What can I do six weeks from now? What can I do today?
SWOT Analysis
written by Daniel Bahrin
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and that translates a SWOT Analysis [10] into a technique for assessing these four aspects of a business.The technique is useful for identifying the organization's current position strength on the market before they decide on any new strategy, as the technique will reveal what's working well, and what's not working so well for them, as well as identifying what they want to achieve in the future and how they might get there. To get an idea on how this is done, a visual representation of a SWOT Matrix is presented in Figure 4.
RISK Matrix
References
- ↑ https://leandisruptor.com/
- ↑ http://businessmodelalchemist.com/blog/2012/09/test-your-value-proposition-supercharge-lean-startup-and-custdev-principles.html
- ↑ https://leandisruptor.com/
- ↑ https://www.businessmodelsinc.com/about-bmi/tools/business-model-canvas/
- ↑ https://www.strategyzer.com/
- ↑ https://www.strategyzer.com/canvas/
- ↑ https://www.mindtools.com/pages/article/smart-goals.htm
- ↑ https://www.lmi-world.com/smi/
- ↑ https://www.amazon.com/Attitude-Is-Everything-Paul-Meyer/dp/0898113040
- ↑ https://www.mindtools.com/pages/article/newTMC_05.htm
[1] - https://remembereverything.org/natural-project-planning [2] - http://diagrammo.com/natural-planning-model [3] - https://medium.com/@hsabnis/getting-things-done-action-choices-43f2467d615c [4] - https://www.slideshare.net/mbaskills01/getting-things-done-51619677
