10 tools to make a decision

There are many tools to help you make good decisions, we have decided to include them here:

1. The SWOT (opportunities and threats)
2. The PESTLE (political, economic, social, technological, legal and environmental factors)
3. The 20-80 principle
4. The importance-urgency matrix
5. The 5W2H (who, what, where when how why)
6. Audit of strategic alternatives
7. The 3 C's in the area of risk and expectations
8. The 5 P's of a good market analysis
9. The mnemonic of the VW, VEST and WALT
10. The profitability forecast in cross

Do a SWOT allows you to evaluate the risks and opportunities for your business: You identify the risk factors and the opportunity factors: You identify the opportunities.

The PESTLE allows you to detail all your activities, your potential candidates, your market, your competitors...

The 20-80 principle is a method of assessing risks and opportunities in order to be able to reconcile the different partners for the best of the whole.

The 5W2H method is used to determine the importance and value to the customer.

The principle of the strategic alternatives audit, allows you to analyze your possible choices, in the form of plans.

The 3C's are a simple mnemonic for learning about a project: How or why is it important? Who is affected? What are the immediate and long-term consequences?

The 5 P's principle allows to structure a demand and a commercial offer, while allowing to be rigorous.

The mnemonic VW, vest and Walt allows you to present databases, data, statistics and complete tools.

The profitability forecast in cross allows you to calculate the profitability, the benefits of an operation and the cash flow.

We will dedicate articles to each method throughout the year.

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