Causality Modeling

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is understood as a consequence of the first. Please find below the basic causality models: In a causal model, circular rules are not allowed. If that rule were to be broken, the...

KPI, KRI, Performanc...

Performance measurement is the collection of criterion which determines if an organization will be able to prevail; be more successful than its competitors. While many of the concepts which make an organization successful are not directly measurable, in the process of performance measurement...

Risk Assessment

Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat, also called hazard. Risk assessment will help you define the bottlenecks and risks (leading to production halt, loss of clients…) that may prevent the...

Balanced Scorecard

The balanced scorecard (BSC) is a performance measurement framework by Kaplan and Norton. It has evolved later in a strategy execution framework. The BSC is the presentation of a mixture of financial and non-financial measures and attaching targets to them. The original BSC had 4 perspectives...

Critical Success Fac...

Critical Success Factors (CSFs) are the global factors or activities that really matter for success, the critical ones required to ensure the success of an organization. An organization has missions and goals associated to these missions. CSFs are the gears that ensure the entity reaches its...

Data Model and Conce...

A data model explicitly determines the structure of data. The main aim of data models is to support the development of information systems by providing the definition and format of data. The data model must be built in parallel to the business model and the business processes. It helps define...

Business Process Mod...

Business Process Modeling expends your understanding of the business to the scope of the activities. In a first approach you would deep dive in top-level and key activities of the organization. In many organizations process are not well documented. You may need to spend time with operators of...

The Business Model C...

One of the first tasks of a consultant or an entrepreneur is to understand the organization he is advising or building. Osterwalder & Pigneur created a great framework to answer the following question: What is your business model, how will you earn money? I strongly recommend you to read...