Product Management

A gap analysis is a basic business tool in document format used for examining a business situation in the context of business goals. A gap analysis allows a business to compare the actual state of...

As competency analysis has become a concept highly touted in business, it has become increasingly misunderstood. Contrary to many articles on the subject, competency analysis does not focus on...

Strategic management involves making decisions that enable an institution to achieve its objectives. A company mission statement defines how business operations are conducted to achieve the...

Productivity is affected by a variety of factors, from the equipment used to the attitude of the employees to the quality of the materials. Improving productivity requires that factors such as...

If you are a small business owner, one key question you should always consider is: what's my company's value proposition to my customers? Here are some steps to follow to actually find out the...

Gap analysis is a business assessment tool and method that focuses on the gap between a company's current performance and desired performance. Gap analysis evaluates current, actual performance...

Applying a SWOT analysis to any part of business management is largely based on intellectual, honest and critical thinking. To apply a SWOT analysis to an audit, you must analyze all expenditures...

A SWOT analysis allows you to assess the strengths, weaknesses, opportunities and threats of a situation. (S-W-O-T is an acronym for these four things of a situation.) By doing a SWOT analysis,...