Sunday, August 2, 2009

Great Website for Business Tools, Theories, and Models

I strongly believe in keeping yourself in a continuous learning mode to make sure your business skills are always sharp and up to date. In this current tough job market, we all need to do everything we can to make ourselves more valuable to our employers (if you are fortunate enough to have a job) or attractive to a new employer (if you are looking for a job.) Therefore, I am bringing you another resource that I highly recommend.

A couple weeks ago, I came across a great website that provides explanations for hundreds of business tools, business models, and business theories. Another great thing about this is that not only is it a treasure trove of business information, it is totally free, which is a terrific price that everyone can afford in these tough times.

The main business categories are:
• Strategy
• Valuation and Decision Making
• Organization, Change, and Culture
• Communication and Marketing
• Leadership and Management

I have found this webpage to be great for quick introductions to business models that I hear about in seminars/podcasts/white papers, as well as a quick way to find alternative business tools, theories, or models that I was not familiar with. I also use it for presentations where I want a nice, quick way to introduce a tool, theory, or model that I am referring to in my talk.

So whether you want to learn more about your favorite business strategy analysis tool (e.g., Porter’s 5 forces, the Balanced Scorecard), management theory (e.g., the Deming cycle, Management by objectives), or leadership styles, I think you’ll find this website a nice one to bookmark as a quick reference guide.

As always, I welcome you to let me know how you like the site and what other sites you use and recommend.

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