SIPOC Diagram – Making Sure Your Change Process Serves Everyone
The SIPOC diagram is a six sigma tool that we use for business processes. So, The term SIPOC stands for the supplier, input, process, output, and customers, which form the columns of the diagram. Because the diagram does not contain much detail about the process, it is a high-level process map. If we need to […]
The ADKAR Change Management Model – Methodology
The change is necessary, and is very important for the growth of a company. But change can be difficult and hard for individuals. So most of the employees in the company resist change as they used to do work with the old way and that way is more comfortable for them. Hence no one wants […]
Bridges Transition Model – Guiding People Through Change
Change is the biggest obstacle, in this article, we will discuss how to overcome the resistance to changes in an organization or business. In simple words “How to come out of your comfort zone and make effective decisions or changes” or “How to convince or guide a person to a change in their life. The […]
Leavitt’s Diamond – An Integrated Approach to Change
Leavitt’s Diamond is a Plan or structure for understanding the connection between the key factors in an organization, and building an integrated change strategy. Leavitt’s Diamond is also a model apply that to and used for change management. So, It gave insight into a company’s critical success factors and develops in the early 1970s by […]
Overcoming Cultural Barriers to Change – 5 Best Ways
Overcoming cultural barriers to change deals with reducing the resistance to improve and also know how to remove the obstacles for improvement. Resistance to change is obvious and hence it pays to prepare for it. There are common causes for resistance, such as loss of control or increased uncertainty. But, each change will also have […]
Mergers and Acquisitions-The Ultimate Guide 2020
Mergers and Acquisitions (M&A) is a way of consolidating two companies. Here companies join hands with each other to do business. There are various reasons why any company goes for mergers and acquisitions step. Also, there are a lot of companies as mergers and acquisitions examples. We will be discussing all M&A in this blog. […]
Corporate Social Responsibility-The Most Effective Strategy
We all know that companies take the resources from the environment to make a product. So they all have the corporate responsibility to give back something to society. This concept is not new in the corporate world. It got implemented way back. So every company has to follow this. Suppose you start a company producing […]
Diffusion of Innovation-Things You Do Not Know About
The diffusion of innovation is the rate at which a product gets diffused in the market or society. We find the adoption curve of a new product launched by a company. Suppose you have your own company and you have launched a product in the market. You can track the consumer adoption process. Are you […]
Competitors Tracker- How do You Track Your Competition?
Competitors – the word is everything for understanding. It is a huge part of the business. If you want to start your business in the physical or in the online medium then you need to understand your competitors and also need to understand the factors that will impact your business. Track your competitors for creating […]
Porter’s Five Forces – Winning Strategy of a Business
Porter’s five forces is one of the most important models for business. In this model, Michael Eugene Porter discussed the competitors winning strategy. In this strategy, you know everything about how to protect your business and enhance your profit. How to get more profits and make your business model best so everything will be going […]