Business Analysis Tools
Business Analysis Theories / tools
SWOT Analysis
Analyzes an organization’s Strengths, Weaknesses, Opportunities, and Threats to make strategic decisions.
PESTLE Analysis
Evaluates external Political, Economic, Social, Technological, Legal, and Environmental factors affecting a business.
Porter’s Five Forces
Assesses competitive forces within an industry: Competition, Buyer Power, Supplier Power, Threat of Substitution, and Threat of New Entrants.
Business Model Canvas
A visual framework for developing or documenting business models, covering key aspects like value propositions, customer segments, revenue streams, etc.
Value Chain Analysis
A theory by Michael Porter focuses on the activities that create value in a business, from inbound logistics to customer support.
Balanced Scorecard
A strategy performance management tool that tracks financial and non-financial performance across four perspectives: Financial, Customer, Internal Processes, and Learning & Growth.
Lean Management
Focuses on reducing waste and increasing efficiency by optimizing processes. Core concepts include Kaizen, Just-In-Time (JIT), and 5S Methodology.
Six Sigma
A methodology aimed at reducing process variation and improving quality by identifying and removing the causes of defects. It follows the DMAIC framework (Define, Measure, Analyze, Improve, Control).
Theory of Constraints (TOC)
Focuses on identifying the most critical bottleneck in a system and working to alleviate it to improve performance.
Kotter’s Change Management Theory
Describes an 8-step process for managing organizational change, from creating urgency to embedding changes in the corporate culture.
McKinsey 7S Framework
A tool for assessing and aligning seven key internal elements of a business: Strategy, Structure, Systems, Shared Values, Style, Staff, and Skills.
The Boston Consulting Group (BCG) Matrix
#swotanalysis
Helps businesses analyze product lines or business units based on market growth rate and relative market share to guide investment decisions.
Stakeholder Analysis
Identifies and assesses the influence and interest of stakeholders involved in a business to manage relationships and expectations effectively.