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Strategy

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Best Business Books

Advanced business knowledge is not exclusive to MBA programs. You have the ability to learn everything necessary for success in life and the workplace on your own. The Personal MBA presents a curated selection of the finest business books, meticulously chosen after extensive research spanning over a

Filed Under: Business rules, How to Guides, Strategy

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Mental Models

Mental models are frameworks or cognitive tools that help us understand and interpret the world around us. They are mental representations of how things work, and they shape our perception, reasoning, and decision-making. Mental models can be thought of as simplified models or maps that help us

Filed Under: Business rules, Strategy

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Maslow’s Hierarchy of Needs and Its Impact on Business

How Meeting Employee Needs Can Drive Success By understanding the needs of their employees and how they can fulfill them, businesses can create a work environment that fosters growth and success. In this blog post, we will explore Maslow's hierarchy of needs and its impact on business. Understanding

Filed Under: Business rules, Company, Human Resources, Strategy

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The Power of Why

In this blog post, we will summarise Sinek's ideas on the importance of "why" and how it can be applied to businesses and organisations. According to Sinek, most organizations focus on what they do or how they do it, rather than why they do it. He argues that this approach is flawed because it

Filed Under: Business rules, Company, Strategy

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The Five Parts of Any Business

The idea that "business is a repeatable process" means that successful businesses have a system or framework in place that can be replicated over time. This process involves identifying a problem or opportunity, developing a solution, creating value for customers, and generating revenue. By using

Filed Under: Business rules, Company, Strategy

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SWOT Analysis

The formulation of the SWOT tool has been credited to Albert Humphrey in the 1960s, but this attribution remains debatable and therer is no universally-accepted creator. The SWOT analysis is an important exercise that can be used both for organisations and individuals. Whether you are trying to

Filed Under: Business rules, Strategy

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