Competitive analysis
Wardley Map
Assessing competitors' strengths and weaknesses to inform decision-making.
Similar Situations
Birthday Paradox
Data analysis: (Topic: Deep probability Understanding) Use the Birthday Paradox to better understand the likelihood of coincidences or patterns in large datasets, leading to more accurate conclusions.
I, T, X-shaped skills
Data Analysis: T - Combining statistical expertise with domain knowledge improves data interpretation.
Six Thinking Hats
Brainstorming Sessions: Using creativity while managing critical analysis and feasibility.
Ishikawa Diagram
Marketing campaign analysis: Ishikawa Diagrams can be used to analyze the root causes of poor marketing campaign performance, leading to improved marketing outcomes.
The Barber Paradox
Voting and civic engagement: Evaluating political candidates and policies using logical reasoning and critical analysis.
Wardley Map
Resource Allocation: Optimizing the use of resources based on the value chain analysis.
Skinner's Superstition Experiment
Investing: Base decisions on research and analysis instead of superstitions or "gut feelings."
Maslow's Hammer
Computer tasks: Utilizing different software or applications for specific tasks, like a word processor for writing or a spreadsheet for data analysis.
SWOT Analysis
Travel Planning: SWOT analysis can be applied to travel plans by considering factors like budget constraints (weakness), desired destinations (opportunity), and potential travel disruptions (threat).
Gambler's Fallacy
Investing in stocks: Recognizing the gambler's fallacy can help you make more rational decisions about buying or selling stocks, based on objective analysis rather than recent trends.