Lean Prioritization is a method for making decisions that help you achieve your goals. It helps you make better use of your resources and avoid wasting time…
Open Space Technique is a meeting method that encourages participation, collaboration and idea sharing.
Open Space technique is a method of participatory management…
A value proposition is a statement of how your product or service will add value to your customers. It's the reason that people should choose to buy from you…
Customer segmentation is a marketing strategy used to divide customers into groups based on their preferences, needs, and behaviors. It allows marketers to develop marketing strategies…
As a product owner, you are responsible for the success of your product. You do this by facilitating collaboration between your team, stakeholders and customers. You are responsible for creating…
You can apply OKRs in any type of organization, including startups, small businesses, non-profits, and large corporations. The process of setting OKRs is…
Scientific management is a style of production management that aims to analyze and improve work processes by applying the principles of science. The basic idea is to systematically study…
Just in Time (JIT) is a process that aims to eliminate waste, improve quality and reduce costs. It is a production method that focuses on meeting customer demand with…
User story mapping is a collaborative process that involves the entire team and helps to identify the core of what users want, as well as the most important…
The VoC can help businesses understand what their target audience is thinking and how they want to be treated. By understanding the VoC, companies can…
Scrum ceremonies are important because they help the team communicate their status and accomplishments to the rest of the company. It's also a great way for…
Elton Mayo's human relations theory is a theory that states that employee satisfaction and productivity can be increased by improving the working conditions of…
Bureaucratic management is a system of management that utilizes rules to govern the behavior of employees. Bureaucratic management is often associated with…
The importance of jobs-to-be-done is that it's a way of understanding how people use products and services in the real world, which is what every company…
Management 3.0 is a management style that combines the traditional top-down, command-and-control approach with a bottom-up, collaborative approach. In this model, employees are…
PERT stands for "Project Evaluation and Review Technique," which is a method of project management used to manage complex projects. It uses a network diagram to show…
Customer lifetime value is a metric that measures the long-term profitability of a customer. It's an important figure for businesses, particularly when…
A performance review is an important part of any employee's life. It helps both the company and the employee to understand how an employee is doing, what…
A performance review is an important part of any employee's life. It helps both the company and the employee to understand how an employee is doing, what…
T-shape competencies is a theory that explains the types of skills that are needed in today's business environment.
The T shape represents the depth of expertise and…
MVP stands for minimum viable product. It's a term used in software development to describe the earliest version of a product that you can release. In other words, an MVP has just enough features to…
The Product Backlog is a list of all the features and enhancements you want to build for your product or service. As you can see in the image below, it's usually…
While many people agree with this principle, others argue that it has not been proven scientifically. For example, some say there are other factors involved…
Organizational structure is the way a business or other entity divides its functions into departments and subdepartments, and then groups those departments into…
Agile velocity is a measure of how much work an Agile team can accomplish in a given time period. It's important to understand Agile velocity because it helps…
The spiral model is a software development methodology that uses repeated cycles of prototyping, testing, and refinement to move from a high-level design to…
Time to market is a concept that is important for businesses because it determines how long it will take for a company to introduce its product or service into…
A distributed team is a group of individuals who are working on the same project, but may not be located in the same physical space. This can include teams that…
The Cost of Delay framework is a simple framework that helps companies identify the cost of delay associated with their supply chains. The framework looks at…
An omnichannel marketing strategy is a way of engaging customers across multiple platforms and channels. The goal of an omnichannel approach is to make…
The target audience for your brand is the group of people who are most likely to be interested in your product or service. The first step in determining your target audience is…
Account-based marketing is a strategy that focuses on building relationships with key decision-makers at each of your target accounts. It targets your ideal…
Return on investment (ROI) is a measure of how much money you're making from a particular investment. It's calculated by dividing the profit you made by…
Perfect competition is better than monopoly because it is more efficient, has lower prices, and has higher quality products. Monopolies are inefficient and have high prices because they…
Cross functional teams are groups of people from different departments who work together to solve a problem. They can be internal, like the HR department working with IT to find a new…
Hypothesis testing is the process of determining whether or not a hypothesis is true, using data that is collected from an experiment. It's a scientific method used to determine…
The Agile Manifesto is a document that outlines the core values of agile software development and describes how the industry should approach building software. Agile Manifesto suggests that…
A/B testing, also known as split testing, is a way to compare two (or more) versions of a page or feature to see which performs better. You can do this by…
The fail fast concept is a principle in business that encourages companies to not be afraid of failure, but instead to embrace it and learn from it as…
A riskiest assumption test is a technique used to identify an assumption in your business plan that could be the most likely to affect your ability to…
An elevator pitch is a short, concise introduction that you can use to explain what your business does in a limited amount of time. An elevator pitch should be…
Pair Programming is a software development method that requires two programmers to work together at the same computer, with one programmer writing code and…
Zero code development is a software development methodology that allows you to develop applications without writing any code. The idea behind this approach is to…
The best way to write a roadmap for a project is to start by creating a list of the steps that need to be taken, then prioritize them and break them down into…
Project management is the process of organizing, planning and executing a project to meet the needs of its stakeholders. Projects are an integral part of…
The process of decomposing a project into smaller chunks allows you to assess each piece individually and determine its scope, resources required, and…
There are a few ways to set a deadline in a project. You can use the task list to create a date for each task and then add up the time each task will take to…
The main components of project cycle management are:
1. Project planning: A process that involves identifying the goals, resources, and constraints of…
A business case is a document that outlines the need for a project, its goals and benefits, and details on how the project will be completed. A business case ensures that…
A mission statement for a product should be clear and concise, with the goal of communicating the benefits of using that product. The first step is to consider what…
A backlog refinement is a process in which the team members review, discuss, and refine the backlog so that it can be used to guide the project. The backlog is created by…
The customer development process is a four-step framework for helping startups find, test, and validate their ideas. The customer development process is a way to create…
There's a lot you can learn from the art of saying no. It's an important part of communication, in both your personal and professional lives. Saying no can help you…
