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The following are the most popular business diagrams on our site:

Porters Five Forces Model

Porter’s Five Forces is a model that identifies and analyzes five competitive forces that shape every industry, and helps determine an industry’s weaknesses and strengths.

Michael Porter’s Five forces model for industry analysis. The Michael Porter’s Five forces analysis framework is used to analyse an industry and more specifically, the external business environment of the industry.

The key to the success of an industry, and thus the key to the model, is analyzing the changing dynamics and continuous flux between and within the five forces. Porter’s model depends on the concept of power within the relationships of the five forces. INDUSTRY COMPETITORS.

Porters Five Forces Model

Standard RFP Process

The RFP Process at a Glance Step 1: Identify Your RFP Team Step 2: Gather Requirements Step 3: Vendor Invitation Step 4: NDA Process Step 5: Compile Questions Step 6: Compile Pricing Template Step 7: Construct an RFP Overview Document Step 8: Timeline for RFP

Download the PDF “Your 22-Step Guide to the RFP Process”. It’s now time to score those responses, which is, for the most part, a manual process. Get started by giving every member of your RFP team a copy of each proposal submission. Organize these responses side-by-side. Next]

Process Flow Diagram for RFP Process. A request for proposal is generated to invite bids and proposals from suppliers and contractors, for the purchase of assets or for awarding work contracts. This formalized procedure helps in generating competitive proposals, from amongst which the final choice can be made.

Standard RFP Process

5 Why Diagram

Share this item with your network: Five Whys, sometimes written as “5 Whys,” is a guided team exercise for identifying the root cause of a problem. Five Whys is used in the “analyze” phase of the Six Sigma DMAIC (define, measure, analyze, improve, control) methodology.

The 5 Whys analysis was developed by Taiichi Ohno, the pioneer of the Toyota Production System in the 1950s. He details his method of problem solving in his book, Toyota Production System: Beyond Large-Scale Production. The technique Ohno developed was so effective that Toyota uses it to this day.

The 5-Why is a great technique – fast, efficient, easy to understand – but it takes some thorough thought to keep it from going on weird tangents, and teaching this type of thinking is the challenging part of problem solving. This is very useful when teaching laboratory management for future Medical Laboratory Scientists.Thank You!

5 Why Diagram

Process Map with Swimlanes

In case of delays, this swimlane process map will help us identify the department which caused the delay in the process. in Summary, adding swim lanes to your flowcharts is a great practice as it identifies the parties responsible for a task in the process flow.

A swim lane process map, by comparison, creates a visual structure to both process workflow and the people, places, and things that interact with them. What used to be hidden in obscure procedures is revealed more comprehensively in a swim lane process mapping session.

A Swimlane was first introduced to computer-based Process Modeling by iGrafx in 1993. It may also be referred to as a functional band (as it is in Microsoft Visio 2007) and is used in the same way, to create a cross functional flowchart to map a process within the functional units of a business.

Process Map with Swimlanes

Product Roadmap Template

Product roadmap template A product roadmap is a high-level overview of your product strategy and how that fits into your business vision. It can show both the strategic side and the practical side of your product offering, the reasoning and the planning behind your implementation decisions.

Portfolio roadmap template For organizations that have more than one product on the market, the portfolio roadmap template is . It provides a high-level overview of what’s going on with the entire product line. Product managers can use this to show stakeholders how each individual product will evolve and how they all relate to each other.

One of the benefits of using a product roadmap is the common timeline feature, which helps teams visualize their work. Using a template can also save you time by standardizing the roadmapping process. Below, you’ll find several free, downloadable templates in Excel, Word, and PowerPoint formats.

Product Roadmap Template

Executive Summary Example

What is an Executive Summary Exactly? An executive summary is a non-technical summarized version of what is presented in the document. Students provide it in the beginning of the report and business owners provide it in the beginning of the business plan. But it is one of the main aspects in the business plan nonetheless.

Here’s a business plan executive summary example that you can use as a model when writing your own business plan. … Our Best Money Tips, Delivered .

Writing an executive summary can be very important to present your business plan effectively. An executive summary should be able to convince your reader to give your …

Executive Summary Example

Critical Thinking Traits Diagram

16 Characteristics of Critical Thinkers. 1 1. Observation. Observation is one of the earliest critical thinking skills we learn as children — it’s our ability to perceive and understand the … 2 2. Curiosity. 3 3. Objectivity. 4 4. Introspection. 5 5. Analytical thinking. More items

Diagrams Helpful for Understanding Critical Thinking and Its Relationship with Teaching and Learning This section entails diagrams which can help you: 1. make connections between the critical thinking concepts discussed in this book, 2. better understand the relationship between critical thinking and teaching and learning, and 3.

Critical thinking skills are a valuable asset for an employee, as employers typically appreciate candidates able to correctly assess a situation and come up with a logical resolution.

Critical Thinking Traits Diagram

Supply Chain Management Flow

Supply chain management can be defined as a systematic flow of materials, goods, and related information among suppliers, companies, retailers, and consumers. There are three different types of flow in supply chain management −. Material flow. Information/Data flow.

Information flows both upstream and downstream as customers place orders and suppliers provide information about the products and when they will be delivered. Three supply chain flows. Managing a supply chain effectively involves synchronizing these three flows.

Materials flow downstream in the supply chain, starting with raw materials and flowing through value-added steps until a product finally ends up in the hands of a customer. Money flows upstream from the customer through all the supply chain partners that provide goods and services along the way.

Supply Chain Management Flow

Financial Summary Slide Template

7+ Financial Presentation Templates. A financial presentation may consist of the reports of the previous operational year of the company regarding its finances. It can also have the information of the financial plan to be implemented in the current business operations.

The financial sheets in the slides can provide a clear picture of expenses and revenues. They could drive important business decisions in your company. The template features 100 unique slides in 16:9 aspect ratio and 10 ready color schemes on the white and dark backgrounds versions. A full package you can’t miss.

A financial presentation is very important for the company operations for the following reasons: It allows the business to see their current financial condition. A financial presentation shows data that are gathered from actual sources, which means that it shows a nearly accurate representation of the company’s situation in terms of its finances.

Financial Summary Slide Template

RACI Explained

Definitions of the RACI Categories. Responsible: person who performs an activity or does the work. Accountable: person who is ultimately accountable and has Yes/No/Veto. Consulted: person that needs to feedback and contribute to the activity.

It’s imperative to understand each of these before creating a RACI matrix. A role that is “Responsible” for completing the task or deliverable. If the responsibility role, for example, is technical writer, the technical writer may be responsible for writing online help files.

A RACI matrix shows the different roles and responsibilities stakeholders assume during the life of a project, program, or any form of organizational change. It’s also known as the RACI chart, RACI model, RACI metrics, responsibility assignment matrix (RAM), and project roles and responsibilities matrix. Responsible: This is the person …

RACI Explained

Top Lean Tools

➨ The list of top lean tools are: 1 Kaizen 2 Single Piece Flow 3 Jidoka 4 Poka Yoke 5 Visual Management 6 Kanban 7 8 Lean Wastes 8 Six Big Losses 9 Smart Goals 10 Heijunka More items…

→ The Lean tool Kaizen includes the involvement of all employees, from top management to bottom personnel. → It Improves processes by eliminating waste. → Promotes personal growth of employees and the company. → Kaizen Improves quality, safety, cost structures, delivery, environments and it improves customer service/satisfaction.

Lean management is one of the top tools that eliminate waste in any process. Lean techniques are typically used in a production environment, and most examples in Lean training courses will focus on applying Lean techniques in these kinds of processes.

Top Lean Tools

Service Design Diamond Diagram

The double diamond design process Design methods for developing services Keeping Connected Business Challenge About this document The double diamond design process Tools and methods Page 6 Overview of the double diamond phases 1. Discover 2. Define 3. Develop 4. Deliver The design process

Service design. Service design is the activity of planning and organizing people, infrastructure, communication and material components of a service in order to improve its quality and the interaction between the service provider and its customers.

The first quarter of the double diamond model covers the start of the project. Designers try to look at the world in a fresh way, noticing new things and seeking inspiration. They gather insights, developing an opinion about what they see, deciding what is new and interesting, and what will inspire new ideas.

Service Design Diamond Diagram

Price Quality Strategy Matrix

The Pricing Strategy Matrix is a tool that’s used to determine the best price for a product or service. A pricing strategy refers to the method businesses use to decide the right price for their services or products.

As you can see in the price quality matrix, whether to keep your prices high or low can be decided on how the customer perceives the competition. If the competition is offering high value products, at a high price, then you can penetrate the market by having a lower price.

The aim is to help companies position their products or services relative to competitors as perceived by the market, and consider their pricing strategy accordingly. You can use the Price – Quality Strategy Model to review competitors’ products and services and review their strategies. Why do they charge more? Why do they charge less?

Price Quality Strategy Matrix

Risk Management Process Diagram

The risk management process is a framework for the actions that need to be taken. There are five basic steps that are taken to manage risk; these steps are referred to as the risk management process.

The Risk Management Process described in this Diagram consists of the four main stages: Identify Risk: consists of the practice of reviewing , analyzing and listing the existing risks to the project, plan or endeavour under analysis.

The risk management system has seven (7) steps which are actually is a cycle. 1. Establish the Context

Risk Management Process Diagram

SMART Goals Explained

SMART goals are established using a specific set of criteria that ensures your goals are attainable. SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-Bound.

SMART goals are: Specific: Well defined, clear, and unambiguous Measurable: With specific criteria that measure your progress towards the accomplishment of the goal Achievable: Attainable and not impossible to achieve Realistic: Within reach, realistic, and relevant to your life purpose

SMART goals are: Specific: Well defined, clear, and unambiguous. Measurable: With specific criteria that measure your progress towards the accomplishment of the goal. Achievable: Attainable and not impossible to achieve. Realistic: Within reach, realistic, and relevant to your life purpose.

SMART Goals Explained

Situational Leadership Diagram

The color charts show the four phases in a situational leadership process. Like as shown on the XY axis of the diagram, this leadership style uses situational leadership style based on the levels of directive behavior and supportive behavior. This Leadership Style Diagram was developed by Hersey and Blanchard.

The ‘task maturity’ of the people they are leading – That is, how competent a person or team is at the task at hand. The Situational leadership model represents four quadrants. Each quadrant denotes a different leadership style. The diagram can be seen below:

The Hersey-Blanchard Situational Leadership Theory was created by Dr Paul Hersey, a professor and author of “The Situational Leader,” and Ken Blanchard, author of the best selling “The One-Minute Manager,” among others.

Situational Leadership Diagram

SMART Goals

A SMART goal is used to help guide goal setting. SMART is an acronym that stands for Specific, Measurable, Achievable, Realistic, and Timely. Therefore, a SMART goal incorporates all of these criteria to help focus your efforts and increase the chances of achieving that goal.

SMART goals are: Specific: Well defined, clear, and unambiguous Measurable: With specific criteria that measure your progress towards the accomplishment of the goal Achievable: Attainable and not impossible to achieve Realistic: Within reach, realistic, and relevant to your life purpose

SMART goals are: Specific: Well defined, clear, and unambiguous. Measurable: With specific criteria that measure your progress towards the accomplishment of the goal. Achievable: Attainable and not impossible to achieve. Realistic: Within reach, realistic, and relevant to your life purpose.

SMART Goals

Types of Intelligence Diagram

The Nine Types of Intelligence. By Howard Gardner. 1. Naturalist Intelligence (“Nature Smart”) Designates the human ability to discriminate among living things (plants, animals) as well as sensitivity to other features of the natural world (clouds, rock configurations).

The 9 Types of Intelligence. 1 1. Naturalist Intelligence. Naturalist intelligence designates the human ability to discriminate among living things (plants, animals) as well as … 2 2. Musical Intelligence. 3 3. Logical-Mathematical Intelligence. 4 4. Existential Intelligence. 5 5. Interpersonal Intelligence. More items

Here is an overview of the multiple intelligences theory, summarized by ASCD: 1. Naturalist Intelligence. Naturalist intelligence designates the human ability to discriminate among living things (plants, animals) as well as sensitivity to other features of the natural world (clouds, rock configurations).

Types of Intelligence Diagram

Project Management Dashboard

Project Management Dashboard Excel Template Free Download helps to manage projects using Microsoft Excel. Free Project Plan and Gantt Chart Templates helps you to plan a project time-lines and resource. You can change the default data and formula to meet your needs.

You can daily add the data to update the Dashboard. And share with your teams and customer/stakeholders to update the project status and progress in the Project meetings. This is the must have tool for every project Manager. Here is Project Management Dashboard Template in Excel, free template to manage multiple projects more effectively.

An executive project dashboard is a business management tool that is used to show, clearly and succinctly, the health and status of a project by means of the following key project metrics: cost, schedule, scope, risks and issues.

Project Management Dashboard