SWOT Happens
Threats represent the "T" in SWOT analysis and are internal factors that may affect an organization.
False (Strengths and Weaknesses are internal factors while Opportunities and Threats are external factors)
The major factors are placed at the head of the fish. The problem, or effect, are drawn as branches from the spine.
The problem, or effect, is placed at the head of the fish. The major factors are drawn as branches from the spine. Possible causes and sub-causes are added under each major factor.
Pareto Analysis is a decision-making technique for assessing competing problems and measuring the impact of fixing them.
True
Force Field Analysis is only used in psychology and not in business for decision-making.
False
Force Field Analysis was developed by Kurt Lewin in the 1940s for social psychology and is now widely used in business for decision-making.
The McKinsey 7-S framework was developed in the late 1970s by Tom Peters and Robert Waterman, former consultants at McKinsey & Company.
True
Identify which SWOT quadrant this statement belongs to:
Employees demonstrate high levels of expertise and collaboration.
Strength
Cause and effect analysis is also known as :
It is also known as an Ishikawa Diagram or Fishbone Diagram because the completed diagram can look like the skeleton of a fish.
What is the first step in performing Pareto Analysis?
Identify and list the problems
What two types of forces are analyzed in Force Field Analysis?
Driving Forces and Resisting Forces
What are the Hard Elements in the McKinsey 7-S Framework?
Strategy, Structure and Systems
SWOT helps in assessing the current situation before deciding on a strategy. It guides you in the following except for:
A. Challenge risky assumptions
B. Uncover blind spots
C. Focus on the most significant and impactful actions
D. Eliminate all business risks and guarantee success
D. Eliminate all business risks and guarantee success
(SWOT analysis helps organizations identify and assess factors that may affect their objectives, but it does not eliminate risks or guarantee successful outcomes.)
When do we use the Fishbone diagram?
A.The problem may have multiple possible causes.
B.The group needs to identify what to investigate further.
C.The team needs to organize brainstorming ideas.
D.All of the above.
All of the above. It can also be used when the issue involves different factors, processes, or people.
Q: What is the correct sequence in Pareto Analysis?
A. Score problems → List problems → Group causes
B. Identify problems → Find root causes → Score → Group → Prioritize
C. Group problems → Identify problems → Solve issues → Score
D. Solve problems → List causes → Ignore scoring
B. Identify problems → Find root causes → Score → Group → Prioritize
Each of the other participants will be deducted 50 points, which will be added to your score.
Have the person next to you answer the question. If they get it right, the points for this question will be deducted from you and added to them. If they get it wrong, you will receive the points.
Which of the following is a driving force?
A. Employee resistance
B. Increased efficiency from the change
C. High implementation cost
D. Lack of resources
The McKinsey 7-S Framework can be applied to:
A. Only large corporations
B. Only government agencies
C. Teams and projects as well as organizations
D. Only financial departments
C. Teams and projects as well as organizations
SWOT is a starting point for clearer strategy, not the final answer by itself.
Swap your score to your favorite opponent.
Major factors can include people, processes, tools, environment, measurement, and _________.
Materials or Information
Q: Pareto Analysis uses the Pareto Principle, also known as the __________ Rule.
80/20
For change to happen, driving forces must be __________ or resisting forces must be __________.
strengthened, weakened
The placement of __________ in the center of the model emphasizes that they are central to the development of all the other critical elements.
Shared Values
Take 100 points from the player on your right (or left if there is none) and add them to your score.
Explain one quadrant and give an example to ensure understanding of the topic.
Panky will decide the number of points to be given.
For each major factor, brainstorm possible causes of the problem. Show these as smaller branches under the related category. If a cause is large or complex, break it down further into sub-causes.
Close your eyes after reading to reveal the answer.
Deduct 300 points to the person to your left.
Pareto Analysis relies on different measures depending on the problem being analyzed. Provide at least three possible measures used in Pareto Analysis
A:
Discussion:
Number of repeated requests
Affected employees or stakeholders
Consistency of format
Alignment with instructions
Spelling, grammar, or labels
Correct audience or recipient
Correct timeline or deadline
Activity:
frequency, delay, rework, number of affected stakeholders, or workload impact
List at least two steps in Force Field Analysis.
Describe the plan or proposal for change.
Identify forces for change.
Identify forces against change.
Rate each force from 1 (weak) to 5 (strong).
Analyze and apply.
List at least five elements of the McKinsey 7-S Framework.
Strategy, Structure. Systems, Shared Values, Skills, Style, Staff