Pareto Principle
The Pareto Principle states that roughly 20% of actions produce 80% of results. It is a useful construct when analyzing efforts and outcomes
Mithun A. Sridharan
I'm Mithun A. Sridharan, Founder of this website - Think Insights - on Strategy, Management Consulting, Leadership, Digital Transformation, and Data Literacy. Follow me on social media or connect with me on LinkedIn for updates.
709
Articles
November 2024
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Articles by Mithun A. Sridharan
Benchmarking
Benchmarking is a strategy tool to compare diverse factors with those of other companies inside and outside the industry
Cost Advantage
Cost Advantage allows a competitive edge by manipulating production costs. For a cost leadership strategy to work, you require a significant cost differential that competitors recognize
Red Queen Effect
The Red Queen Effect explains why we need to work harder and harder just to stay in the same place and why we can't afford to be complacent
Book-To-Bill Ratio
The book to bill ratio gives an early indication of where the company's business is headed (up or down)
Differentiation
A differentiation strategy calls for the development of a product or service that offers unique attributes that are valued by customers and that customers perceive to be better than or different from the products of the competition
IFE Analysis
Internal Factor Evaluation (IFE) Matrix is a strategy tool used to evaluate firm's internal environment and to reveal its strengths as well as weaknesses
External Factor Evaluation (EFE)
External Factor Evaluation Matrix is a strategy tool used to evaluate firm's external environment and to reveal its strengths as well as weaknesses
Competitive Profile Matrix (CPM)
The Competitive Profile Matrix (CPM) is a tool that compares the firm and its rivals and reveals their relative strengths and weaknesses
Value Chain Analysis
Value chain analysis is a way to visually analyze a company's business activities to see how the company can create a competitive advantage for itself
Internal Analysis
An internal analysis uses data collected from specific departments within a company to create more significant results
Management Structure
A management structure describes how a company organizes its management hierarchy. In almost all organizations, a hierarchy exists
Pareto Principle
The Pareto Principle states that roughly 20% of actions produce 80% of results. It is a useful construct when analyzing efforts and outcomes
Benchmarking
Benchmarking is a strategy tool to compare diverse factors with those of other companies inside and outside the industry
Cost Advantage
Cost Advantage allows a competitive edge by manipulating production costs. For a cost leadership strategy to work, you require a significant cost differential that competitors recognize
Red Queen Effect
The Red Queen Effect explains why we need to work harder and harder just to stay in the same place and why we can't afford to be complacent
Book-To-Bill Ratio
The book to bill ratio gives an early indication of where the company's business is headed (up or down)
Differentiation
A differentiation strategy calls for the development of a product or service that offers unique attributes that are valued by customers and that customers perceive to be better than or different from the products of the competition
IFE Analysis
Internal Factor Evaluation (IFE) Matrix is a strategy tool used to evaluate firm's internal environment and to reveal its strengths as well as weaknesses
External Factor Evaluation (EFE)
External Factor Evaluation Matrix is a strategy tool used to evaluate firm's external environment and to reveal its strengths as well as weaknesses
Competitive Profile Matrix (CPM)
The Competitive Profile Matrix (CPM) is a tool that compares the firm and its rivals and reveals their relative strengths and weaknesses
Value Chain Analysis
Value chain analysis is a way to visually analyze a company's business activities to see how the company can create a competitive advantage for itself
Internal Analysis
An internal analysis uses data collected from specific departments within a company to create more significant results
Management Structure
A management structure describes how a company organizes its management hierarchy. In almost all organizations, a hierarchy exists