If you have got an idea for your business sooner or later you’re going to have to pitch someone. And no matter who you’re pitching your idea to – you need to be able to do it in a way that’s simple memorable and convincing. An elevator pitch is a concise, practiced overview of your business idea, put in a way that is simple and memorable for the listener to understand.
A decision tree is a map of the possible outcomes of a series of related choices. It allows an individual or organization to weigh possible actions against one another based on their costs, probabilities, and benefits.
Note: SURVEY - This is not a test! This survey is for your personal information.
How many times has the fear of what might happen prevented you from taking action on something you wanted to do? But if these excuses always get the best of you, inaction will lead you straight to regret. What is fear setting? A structured reflection exercise designed by Tim Ferriss, used to help you see decisions more clearly when fear is holding you back and distorting your thinking.
Problem solving is the process of identifying a problem, developing possible solution paths, and taking the appropriate course of action. Why is problem solving important? Good problem solving skills empower you not only in your personal life but are critical in your professional life. In the current fast-changing global economy, employers often identify everyday problem solving as crucial to the success of their organizations.
A storyboard is a graphic representation of how your video will unfold, shot by shot. It’s made up of a number of squares with illustrations or pictures representing each shot, with notes about what’s going on in the scene and what’s being said in the script during that shot. In a business environment, it's the same idea. But instead of making a video or a movie, you might be planning a product launch, managing a project, creating a marketing strategy, building a new process, or identifying a cause-and-effect relationship.
How you make decision says a lot about how you are. If, you are naturally optimistic you may reach a decision without considering any potential drawbacks. If, you are more cautions you may miss opportunities because you spend too long deliberating. But with Edward de Bono “Six Thinking Hats” approach you can look at problems from different perspectives. This can help you get a more rounded view of your situation before you make a decision.
When it comes to creative planning, it can be hard to find the right way to transform imaginative thinking into concrete business strategy. You need to dream big in order to come up with possible ways of solving a particular problem. At the same time, you need to be able to focus on the detail needed to put your plan into action successfully. The Disney creative strategy is a tool for brainstorming and developing ideas. The strategy is based on three main stages; the dreamer, the realist and the critic. As you imagine and develop your ideas, you move from one role to the next, putting yourself into these different mindsets, so that you can better analyze what you're doing.