What does SWOT stand for? SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT Analysis is a technique for assessing these four aspects of your

What is Lean Manufacturing ( Lean Production )? Lean manufacturing (Lean Production) is a methodology that focuses on minimizing waste within manufacturing systems while simultaneously

Leadership and Management Differences Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual’s ability to

What is Problem Solving? Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for

What is Continuous improvement Continuous improvement, sometimes called continual improvement, is the ongoing improvement of products, services or processes through incremental and breakthrough improvements. These efforts can seek “incremental” improvement over

There are quite a few differences between strategy and tactical planning. In short, strategic planning is used to set destination and how you are going