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Quality Function Deployment, or QFD, is a tool that can help improve your existing processes by focusing your energy and your attention on efforts that will ensure the greatest result. QFD works by first identifying and prioritizing customer requirements and expectations. You then can use this information to focus with greater confidence on the important customer requirements as a starting plac...

This tool can help you decide what to do after key actions, criteria or Critical To Quality (CTQ) characteristics have been identified, but their relative importance (priority) is not known with certainty. Prioritization matrices are especially useful if problem-solving resources, such as people, time or money, are limited, or if the identified problem-solving actions or CTQs are strongly inter...

Innovation White Paper

Competitive Strategy and Innovation Overview

Unique Solutions for Innovating Overview

The strategy is to look at the organizations current performance (strengths and weaknesses) and factors in the external environment (opportunities and threats) that might affect the organizations future. Once the attributes for each section have been identified it is possible to determine the point of balance. Eventually the points of balance of strengths versus weaknesses and opportunities ve...

Brainstorming is a term used to describe a creative thinking session. The aim is to gather as many ideas and possible solutions to a problem as possible. The results will depend entirely on the reason for the brainstorming session and the group of people participating.

Although the SWOT analysis will assist in identifying issues, the action plan will ensure that something is done about each one. With complicated issues, a further brainstorming session might be done to analyze it further & decide what action to take.

All organizations have some opportunities that they can gain from. These could range from diversification to sale of operations. Identifying hidden opportunities is the mark of an astute analyst.

In any business, it is imperative that the business be its own worst critic. A SWOT analysis forces an objective analysis of a company's position via its competitors and the marketplace. Simultaneously, an effective SWOT analysis will help determine in which areas a company is succeeding, allowing it to allocate resources in such a way as to maintain any dominant positions it may have. SWOT Ana...