80/20 Rule
A principle stating that 80% of effects come from 20% of causes, often used to prioritize tasks and identify key areas of focus.
A principle stating that 80% of effects come from 20% of causes, often used to prioritize tasks and identify key areas of focus.
A strategic planning tool that focuses on outcomes and objectives rather than specific features, allowing for flexibility in achieving goals.
A focus on the results or benefits of a project rather than the activities or deliverables produced.
A tool used to prioritize tasks based on their impact and effort, helping to focus on high-value activities.
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
The study of strategic decision making, incorporating psychological insights into traditional game theory models.
A professional responsible for overseeing and coordinating multiple related projects to ensure they align with organizational goals and deliver strategic value.
A strategic plan that outlines the goals, milestones, and steps needed to deliver a product that achieves desired outcomes incrementally, providing a clear path forward.
Balanced Scorecard (BSC) is a strategic planning and management system used to align business activities to the vision and strategy of the organization.