A Balanced Scorecard is a strategy performance management tool – a well structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from these actions.
The Lean Canvas is a strategic management template used for developing new business models and documenting existing ones.
A Pre Mortem, is a managerial strategy in which a project team imagines that a project or organization has failed, and then works backward to determine what potentially could lead to the failure of the project or organization.
Porter's 5 forces
Porter's Five Forces Framework is a method of analysing the operating environment of a competition of a business. It draws from industrial organization economics to derive five forces that determine the competitive intensity and, therefore, the attractiveness of an industry in terms of its profitability.
Provides a structured methodology for businesses to identify, assess, respond to, and monitor risks, enhancing decision-making, improving performance, and ensuring the achievement of objectives across all levels of the organization.
Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.
4 hats of business
The four hats of business—Strategy, Operations, Marketing, and Finance—when worn effectively, can enhance decision-making, streamline processes, optimize customer engagement, and ensure fiscal health, respectively, thereby driving overall organizational success.