Dr RK

Dr RK

Hoshin Kanri

Enterprise wide planning using Hoshin Kanri method is explained with an example. It ensures that all the activities in the organization are aligned to strategic goals of the organization.

Project Prioritization Matrix

Relevant criteria are defined and projects are scored on the same criteria to select which projects are to be prioritized on top. Project Prioritization Matrix is a tool explained here for prioritizing the projects based on weighted scores for the criteria.

Financial Measures

Financial measures like cost of quality, opportunity cost, hard and soft costs, direct and indirect costs, revenue growth, return on investment, break even point, cost benefit analysis, cash flow statement, profit and loss account, balance sheet, EBITDA, PATMI are discussed here.