BiPM Practice Tool Home Page
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Practice tools provide our proprietary work-kits to enable you to apply the knowledge through a set of tools and templates. This page provides the complete listing for diverse subjects within BiPMinstitute.com. |
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To filter your Practice Tools listing for a specific section, please click the relevant hyperlink : |
| Execution Making-it-Happen -
Discipline of Execution → 'Executable' Strategy → Focus & Money-Machine → 'Value' management → 'Capabilities' management → Execution Intensity → Human Capital → Resilience & Flexibility → Anticipation & Intelligence → Execution Scorecard → Leadership & Work-Discipline → Entraprenurial Execution → |
| Enterprise Intelligence -
BI End-to-End → Data Quality → Data-Warehouse/Mart → Data Analysis/OLAP → Metadata Management → Master Data Management → |
| Functional Management -
Customer Management → Sales & Distribution → |
| Vendor- IT Tool Domain -
Vendor-tool Evaluation → BI End User Tools → BI platform Tools → Data Management Tools → |
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Capability Requirements Mapping and Assessment Matrix
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This is the next level of capability assessment. This template goes into the detailed requirements against a specific capability need and maps the current state, prioritize and plan for future state of that need.
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Capability Needs Mapping and Assessment Matrix
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This template enables you to map your current state of capabilities vis-à-vis the capabilities needed for achieving your business results. Prioritize the gaps and define the road-map for enhancing the capabilities.
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Customer base-product-service-price rationalization matrix
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This matrix enables you to create a differentiated scope on what product features, service-levels and price-levels you need to offer for a given customer-group.
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Goals and KRA alignment Matrix
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This matrix enables you to align the goals/KRAs of multiple stakeholders around the business priorities.
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Product and Feature Priority Matrix
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This matrix enables you to scope out the product features with reference to the value they will bring to the customers and shareholders
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Environment scan strategy tool
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This template helps you to identify various methods by which one can scan the environment. It includes a list of many leading indicators around the consumer behavior, consumer price index, state of economy etc..
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Competition information gathering strategy tool
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This template helps you to identify various methods by which you can gather data on competition. It includes a list of many leading indicators around the geographic expansion, new product launches, business growth plans, re-positioning of business etc..
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Competition Mapping Matrix- Products, Operations, Sales, Pricing, Distribution
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This template provides you a structure, by which you can map the state of your competition across various dimensions
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Information Excellence Assessment Matrix
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This matrix enables an organization to assess the state of information excellence in the organization. The information excellence has various dimensions including quality of information, zero-filter information, availability of information and timeliness of information
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Execution Discipline Statement Template
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Just like human resources and financial discipline, the Execution disciplines needs to be well-articulated and defined, so that they can be followed. A single point discipline-book will promote the consistency and institutionalization of Execution Discipline
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Connect with Reality' Assessment Matrix
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This matrix helps you to rate yourself on how well connected you are with the ground realities of your business. It also assess your capabilities to stay connected with the ground reality, in terms of information pipelines, organization culture, level of management intensity etc...
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Early warning system matrix
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This template enables you to assess the state of your early warning systems for changes in horizon of economy, your sector, industry, competition, customers, employees, vendors and other entities which can impact your business assumptions. It enables you to assess as well as help design your early warning systems
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Asset Cash-Value Assessment Method
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This is linked to cash-perspective of your state of financials. This template enables you make a realistic assessment of the 'liquidity' of your assets
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'Cash Protection' Assessment Matrix
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This matrix helps you to assess all areas, which can protect or waste your cash. There are more than a dozen areas, where organization can be loose or tight on how it protects its cash. It enables you to assess, identify the weak spots, prioritize and plan the corrective steps.
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'Scenario Testing' Template
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This template enables you to test the resilience of your business in terms of significant changes in your business assumptions.
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'Strategy Execution Blue-Print' Template
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A strategy blue-print does not tell you all what is needed to translate that strategy to business results. The next level of detail is worked out in Execution Blue-print/ An Execution Blue-print goes beyond the typical components of business plan. It looks at all what could go wrong/change and ensures that one is ready to respond. It includes detailing of not only what one needs to do to fulfill the business plan, but also how to build capabilities for long-term sustainable results.
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'Strategy Change Readiness' Assessment Template
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This template helps an organization to assess its capability to change course, in terms of speed of change and magnitude of change. It helps organization to identify the areas which are flexible to change and the ones which are expected to break. This assessment is followed prioritizing and planning on how the organization can enhance its readiness to change their strategy and business plan
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'Core Effectiveness %age template'
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This template enables you to assess any investment/expense, in terms of its closeness to your core money making machine. Core Effectiveness %age enables you to invest into areas which will give maximum value to your shareholders
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'Project Value Maximization' Assessment Template
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After a project is implemented and fair proportion of the investment is done, the focus should shift from project implementation to maximizing usage and benefit out of the investment
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'Employee Scorecard' template
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An Execution Scorecard is typically for a business/unit/team/process etc..An employee scorecard is the report of how well an employee has done across various processes, projects and teams. The employee scorecard template is similar to an Execution Scorecards with some differences related to expected performance.
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'KPI Management' Matrix
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This matrix, helps you to decide on what KPIs will you use to run your business?, what will be the frequency of reporting those KPIs?, Do you have the right mix of leading and lagging indicators?, Are these indicators truly aligned to the organizations priorities etc...
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'Investment Decisioning' Template
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This templates provides a comprehensive set of criteria on basis of which you can take your investment decisions. This template goes beyond the cost-benefit calculation, but also includes factors like how closely this investment is linked to the 'money making machine'?, what will be the impact, if this project is not done?, Have our competition made a similar investment?, Is there a sustainable work-around?, should we do a pilot first?
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'Rolling Periodic Review' Template
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Rolling Periodic Review is a best practice by which you can re-look at your business plan every month/quarter and revise it not only for the rest of the business year but also for next 12-18 months on a rolling-basis.
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'Information Mapping' Template
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Having the right information at the right place and at the right time is core to Execution Excellence. The starting point for achieving this agenda is to have a clear information requirements. Information requirements not only include what information you need, but also why you need it?, what management questions is it going to answer?, what will you do once you get the information? etc...
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'Capability Scorecard' Template
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An Execution Scorecard has many components. It includes 'Performance Scorecard', 'Capability Scorecard', 'competition scorecard' etc...This template enables you to design 'Capability Scorecard'. Using Capability Scorecard, you can track your current state of capabilities and progress on building the same.
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'Share-holder Value' index Template
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This templates enables you to assess your customer portfolio in terms of shareholder-value. As it is important to optimize your customer base so that it gives adequate value to shareholders, the share-holder value index helps in creating the right strategies for a given customer group.
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'KPI Dictionary' Template
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This template enables you to capture all possible details on a KPI. Just like a language dictionary, KPI dictionary provides a single reference point for people, as they include these KPIs in their dashboards and scorecards. A central KPI dictionary helps in ensuring that various scorecards across the enterprise are in synch.
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'Scorecard Design' Template
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This matrix helps you to design the components of your 'Execution Scorecard'. It allows you to map your current scorecards with best practice scorecard design. It is not a design template from look and feel perspective, but from the perspective of the components, KPIs, Exceptions, linkages, commentary etc... which should form part of your scorecard
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'Vendor Maximization' matrix
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This matrix helps you to assess the current state of the extent to which we are extracting value out of your Vendor (s). It also helps in developing the next steps and possible methods to enhance the value-extraction.
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'IT Application Maximization' matrix
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This matrix helps you to assess the current state of the extent to which we are extracting value out of your installed IT applications. It also helps in developing the next steps and possible methods to enhance the value-extraction.
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'Channel Maximization' matrix
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This matrix help you assess the current state of the extent to which we are extracting value out of sales and distribution channels. After the assessment , it also helps in developing the next steps and possible methods to enhance the value-extraction.
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'Employee Maximization' Matrix
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This matrix help you assess the current state of the extent to which we are extracting value out of your employees. Value takes into account both the top line and bottom-line contributions from the customers. After the assessment , it also helps in developing the next steps and possible methods to enhance the value-extraction.
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'Customer Maximization' Matrix
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This matrix help you assess the current state of the extent to which we are extracting value out of your existing customers. Value takes into account both the top line and bottom-line contribution from the customers. After the assessment , it also helps in developing the next steps and possible methods to enhance the value-extraction
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'Asset Maximization' matrix
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This matrix help you assess the current state of the extent to which we are extracting value out of your existing assets. After the assessment , it also helps in developing the next steps and possible methods to enhance the value-extraction
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'Enterprise Intelligence' Tool Evaluation- Generating Information
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There are host of tools which can sit over the core enterprise intelligence platforms and generate information. These include enterprise reporting tools, performance reporting tools, analytics tools, Information portals and business modeling tools
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'Enterprise Intelligence' Tool Evaluation- Core Platforms
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This evaluation matrix helps you to objectively assess the core platforms for your enterprise intelligence agenda. This includes Extraction, Transformation, Loading, data-warehouse server, OLAP etc...
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'Enterprise Intelligence' Tool Evaluation- Data Pipelines
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This evaluation matrix helps you to objectively assess the right tool to meet the enterprise data management needs. Sub-subjects under data-management include Data Quality, Master Data Management, Data Integration and Metadata Management
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'Enterprise Intelligence Capability Mapping' Matrix
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This matrix helps you to map your current state of enterprise information and intelligence vis-à-vis what you should have. After this mapping, it also helps you in prioritizing the investments and milestones to build adequate enterprise intelligence capability.
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'Ground Level Intelligence Intensity' Matrix
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This matrix helps you to calibrate on how well you are doing to maintain ground level intelligence on business, customers, employees, vendors and competition. It helps you calibrate extent of ground level intelligence that you need to maintain.
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'Decision Management Intensity' Matrix
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This matrix helps you to create pre-designed decision matrix, so that when an exception happens, you are ready and decisions are fast and consistent.
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'Frequent Management Intensity' Matrix
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This matrix helps you to calibrate on which component/KPI of your business/team/process you need to manage with what frequency and why
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'Granular & Pro-Active Management Intensity' Matrix
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This matrix helps you to calibrate on which component/KPI of your business/team/process you need to manage with what granularity and why
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'Entrepreneurial way to manage opportunities' matrix
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This tool enables an organization/process/team to self-assess their entrepreneurial approach towards the way they prowl for and sniff the opportunities. It has three components- (I) Assessing the mind-set towards keeping connected to the environment (II) Assessing Entrepreneurial Methods for identifying and weighting the opportunities (III) Identifying the possible changes to have a better grip on managing opportunities
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'Entrepreneurial way to Manage Customers' matrix
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This tool enables an organization/process/team to self-assess their entrepreneurial approach towards the way they manage the customers, and suppliers. It has three components- (I) Assessing the mind-set towards customers and suppliers (II) Assessing Entrepreneurial Methods for managing customers and suppliers (III) Identifying the possible changes to make the customer and suppliers more entrepreneurial.
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'Entrepreneurial way to Manage Money' matrix
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This tool enables an organization/process/team to self-assess their entrepreneurial approach towards the way they manage the financials. monies and cost. It has three components- (I) Assessing the mind-set towards financials (II) Assessing Entrepreneurial Methods for managing finance (III) Identifying the possible changes to make the financial management more entrepreneurial. Some of the dimensions are 'Protect your cash with your teeth', 'Create or review a business plan, do it as if you are the investor' and 'Would you have expensed, had it been your own money?'
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'Entrepreneurial Way to Manage Business' matrix
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This tool enables an organization/process/team to self-assess their entrepreneurial approach towards what they are doing. It has three components- (I) Assessing the entrepreneurial mind-set (II) Assessing Entrepreneurial Methods (III) Identifying the possible changes to make the work mind-set more entrepreneurial. Some of the dimensions used in the matrix include 'As you think of the problems, think about possible solutions as well', 'Build your team's depth as you are going to scale-up your business', 'Maintain equal focus on 'top-line' as well as 'bottom-line' and 'Instill the capability to manage the ambiguities and unknowns'
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Data Mapping and Assessment WBS
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DMA WBS provides you with the list of activities that you will do in a DMA exercise. You can use this list of activities to create a project plan for DMA.
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Data Group Master
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While in a typical system landscape of an organization, there is documentation of individual data entities at a system level (for example data Model documentation for ERP system) available. Most of this documentation is of IT interest (though the logical data model should be owned and specified by the business). As you set of data quality frame-work, one needs to identify the business owners and business custodians of data-groups. This is from the DQ practice principle that business needs to own the data.
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Data Quality Assurance and Control Guidelines
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Data Quality Assurance Management Guidelines, is the central reference point to understand the Data Quality Assurance mechanisms and controls. These are the mechanisms, one needs to incorporate, while designing the IT systems and business processes. This document forms and annexure to the Data Quality Policy.
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Data Quality Policy
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Data quality policy can be like a clause in the constitution of the company, which help people take tough calls in the moments of Devil's alternative. The purpose of this work-tool is to provide you all the possible headings and example text for a data quality policy which suits your function.
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