World economy charts, business frameworks and diagrams
Ansoff matrix helps companies make strategic decisions based on whether market and product are either new or existing. New Market, new product calls for diversification strategy. Existing market, existing product requires market penetration strategy. Existing product, new market needs market View diagram Ansoff Matrix Framework
Use below strategic business unit diagram to identify a strategic opportunity including defining market size, defining the actual opportunity, performing customer needs assessment, determining overhead and cost structures and finally defining gross profit and net profit margins. Analyzing these key View diagram Strategic business unit diagram
Pricing strategy matrix explains types of pricing strategies based on the price (whether low or high) and quality (whether low or high). Low price, low quality is Economy pricing. Low price, high quality is penetration pricing. Low quality, high pricing View diagram Pricing Strategy Framework
The main difference between business plan and company’s strategic plan is the fact that business plans are tactical and short term in nature vs. strategic plans are more long term. Business plans are about market customer fit while strategic plans View diagram Business Plan vs Strategic Plan
Lean six sigma simplex model is a method of analyzing and fixing problems starting with problem finding, fact finding, problem definition, idea finding, selection, planning, sell idea, action. The simplex cycle repeats. The below diagram explains the simplex method.
Lean six sigma diagram explaining lss belts progression from yellow belt to master black belt. The pyramid shows the belts one must go through to achieve lean six sigma designation.
Total Productive Maintenance is a lean six sigma framework that stands on 5 pillars that are elimination of main problems, autonomous maintenance, planned maintenance, early management of new equipment, education & training on the job. TPM framework below also lists View diagram TPM Total Productive Maintenance
A sample lss histogram below shows number of defects per batch. Lean six sigma histograms are a good graphic representation of various data points such as defects widely used by the lss methodology.
Push vs pull system diagram below explains the difference between two key lean six sigma process types. Push system is when material is pushed into downstream workstations regardless of whether resources are available. Pull system – materials are pulled to View diagram Push vs pull system
Product analysis diagram below helps you compare various products among key parameters including client satisfaction, quality, price, and lead time to get the product. You may have a product score high in one criteria (e.g. quality) but score low on View diagram Product analysis