Management Tools For TheManagement Tools For The
Solution of ProfessionalSolution of Professional
Problems(Improvement of Quality)Problems(Improvement of Quality)
There are 142 ways of positive thinking
process by which personal and professional
problems can be solved.
> What are Analytical techniques
An analytical technique is a procedure or
a method for the analysis of some
 problem, status or a fact. Analytical
techniques are usually time-limited and task-
limited. They are used once to solve a
specific issue. Opposed to management
methods that affect management of
the organization in a longer term.
Basic and most widely usedBasic and most widely used
analytical methodsanalytical methods / techniques / techniques
BCG matrix
Brainstorming
Benchmarking
Gap Analysis
Mind Maps
Pareto principle 80-20 rule
Six Questions
SWOT Analysis
SWOT AnalysisSWOT Analysis
What is SWOT?What is SWOT?
Tool for analyzing an organization or group and
its environment
SWOT stands for
S=> Strengths ,
W=>Weaknesses
O=>Opportunities
T=>Threats .
Who Uses It & How?Who Uses It & How?
Used to:
◦ build on strengths
◦ minimize weaknesses
◦ seize opportunities
◦ counteract threats
Focus on turning weaknesses into
strengths, and our threats into
opportunities.
Why Use It?Why Use It?
•The main purpose of a SWOT analysis is to
better scope of judgement of the problem in
depth and help us to take better decision.
When to Use It?When to Use It?
To overcome our weaknesses.
SWOT Analysis ofSWOT Analysis of
McDonald’sMcDonald’s
STRENGTH for McDonald’s?STRENGTH for McDonald’s?
-Having the largest fast food market
share in the world
Which one is a WEAKNESS forWhich one is a WEAKNESS for
McDonald’s?McDonald’s?
—Changing customer habits and new
customer groups
Which one is an OPPORTUNITY forWhich one is an OPPORTUNITY for
McDonald’s?McDonald’s?
-Existing partnerships with many big
brand names
Which one is a THREAT forWhich one is a THREAT for
McDonald’s?McDonald’s?
—Trend towards healthy eating
SWOT ANALYSIS OF INDIANSWOT ANALYSIS OF INDIAN
ECONOMYECONOMY
IntroductionIntroduction
India is the 10th largest economy in world in
terms of GDP 3rd largest by PPP.
Population: 1.22 billion
Yearly increase: 18 million
Major group: 50% - 0 – 25 years
More than 1.53 billion people by the end of
2030.
Average life expectancy: 68.6 years
Economic growth rate slowed to around
5.3% for the 2012–13 fiscal year.
STRENGTHSTRENGTH
Agriculture
High percentage of cultivable land 56.78%
Huge English speaking population
Availability of skilled manpower
Extensive Higher Education
Diversified nature of the economy System
Third largest reservoir of engineers
High growth rate of economy
Rapid growth of IT and BPO sector brining
valuable foreign exchange.
Abundance of natural resources
WeaknessWeakness
 Very High percentage of workforce involved in agriculture
which involves only 17.2% of GDP
 Rural poverty leads horrible wave of suicides by indebted
farmers
 In rural India, about 34 percent of the population lives on
less than $1.25 a day
 Coal Mines Corruption – Illegal allotment and Kick Backs
 Inequality in prevailing socio economic conditions
 Poor infrastructural facilities
 Huge population leading to scarcity of resources
 Low literacy rate
 Unequal distribution of wealth
 Rural urban divide, leading to inequality of high standards
OpportunitiesOpportunities
 Scope for entry of private firms in various sectors for
business
 Inflow of Foreign Direct Investment
 Huge foreign exchange earnings
 Area of biotechnology
 Area of Infrastructure
 Huge Domestic Market
 Huge natural gas deposits found in India,
 Huge agricultural resources, fishing, plantation crops,
livestock
 Investment in R & D, engineering design
 Huge population of India in foreign countries .
 Vast forest area and diverse wildlife
THREATSTHREATS
Global economy recession/slowdown
High fiscal deficit
Volatility in crude oil prices across the
world
Growing Import bill -$461.4 billion
Population explosion, rate of growth of
population still high
Inflation: 6.87 per cent in July of 2012
Agriculture excessively dependent on
monsoons .

Management tools

  • 1.
    Management Tools ForTheManagement Tools For The Solution of ProfessionalSolution of Professional Problems(Improvement of Quality)Problems(Improvement of Quality)
  • 2.
    There are 142ways of positive thinking process by which personal and professional problems can be solved. > What are Analytical techniques An analytical technique is a procedure or a method for the analysis of some  problem, status or a fact. Analytical techniques are usually time-limited and task- limited. They are used once to solve a specific issue. Opposed to management methods that affect management of the organization in a longer term.
  • 3.
    Basic and mostwidely usedBasic and most widely used analytical methodsanalytical methods / techniques / techniques BCG matrix Brainstorming Benchmarking Gap Analysis Mind Maps Pareto principle 80-20 rule Six Questions SWOT Analysis
  • 4.
  • 5.
    What is SWOT?Whatis SWOT? Tool for analyzing an organization or group and its environment SWOT stands for S=> Strengths , W=>Weaknesses O=>Opportunities T=>Threats .
  • 6.
    Who Uses It& How?Who Uses It & How? Used to: ◦ build on strengths ◦ minimize weaknesses ◦ seize opportunities ◦ counteract threats Focus on turning weaknesses into strengths, and our threats into opportunities.
  • 7.
    Why Use It?WhyUse It? •The main purpose of a SWOT analysis is to better scope of judgement of the problem in depth and help us to take better decision.
  • 8.
    When to UseIt?When to Use It? To overcome our weaknesses.
  • 9.
    SWOT Analysis ofSWOTAnalysis of McDonald’sMcDonald’s
  • 10.
    STRENGTH for McDonald’s?STRENGTHfor McDonald’s? -Having the largest fast food market share in the world
  • 11.
    Which one isa WEAKNESS forWhich one is a WEAKNESS for McDonald’s?McDonald’s? —Changing customer habits and new customer groups
  • 12.
    Which one isan OPPORTUNITY forWhich one is an OPPORTUNITY for McDonald’s?McDonald’s? -Existing partnerships with many big brand names
  • 13.
    Which one isa THREAT forWhich one is a THREAT for McDonald’s?McDonald’s? —Trend towards healthy eating
  • 14.
    SWOT ANALYSIS OFINDIANSWOT ANALYSIS OF INDIAN ECONOMYECONOMY
  • 15.
    IntroductionIntroduction India is the10th largest economy in world in terms of GDP 3rd largest by PPP. Population: 1.22 billion Yearly increase: 18 million Major group: 50% - 0 – 25 years More than 1.53 billion people by the end of 2030. Average life expectancy: 68.6 years Economic growth rate slowed to around 5.3% for the 2012–13 fiscal year.
  • 16.
    STRENGTHSTRENGTH Agriculture High percentage ofcultivable land 56.78% Huge English speaking population Availability of skilled manpower Extensive Higher Education Diversified nature of the economy System Third largest reservoir of engineers High growth rate of economy Rapid growth of IT and BPO sector brining valuable foreign exchange. Abundance of natural resources
  • 17.
    WeaknessWeakness  Very Highpercentage of workforce involved in agriculture which involves only 17.2% of GDP  Rural poverty leads horrible wave of suicides by indebted farmers  In rural India, about 34 percent of the population lives on less than $1.25 a day  Coal Mines Corruption – Illegal allotment and Kick Backs  Inequality in prevailing socio economic conditions  Poor infrastructural facilities  Huge population leading to scarcity of resources  Low literacy rate  Unequal distribution of wealth  Rural urban divide, leading to inequality of high standards
  • 18.
    OpportunitiesOpportunities  Scope forentry of private firms in various sectors for business  Inflow of Foreign Direct Investment  Huge foreign exchange earnings  Area of biotechnology  Area of Infrastructure  Huge Domestic Market  Huge natural gas deposits found in India,  Huge agricultural resources, fishing, plantation crops, livestock  Investment in R & D, engineering design  Huge population of India in foreign countries .  Vast forest area and diverse wildlife
  • 19.
    THREATSTHREATS Global economy recession/slowdown Highfiscal deficit Volatility in crude oil prices across the world Growing Import bill -$461.4 billion Population explosion, rate of growth of population still high Inflation: 6.87 per cent in July of 2012 Agriculture excessively dependent on monsoons .

Editor's Notes

  • #6 A strength is a positive internal factor. A weakness is a negative internal factor. An opportunity is a positive external factor. A threat is a negative external factor. Here is your FREE SWOT template for you to have a go - after you've read our SWOT analysis lesson of course!