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Global Business Development Framework Seven steps to successful identify and assess and launch new business fields

Business Frameworks are useful tools that help you analyze business issues and structure your thinking. Strategy consultants and business analysts often use these frameworks in order to clearly communicate their recommendations to their clients.

Strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. They can also be used to analyze business issues and develop strategies. And strategy consultants often use them to communicate their solutions to their clients. Business development framework summaryBusiness development framework summaryThe business development framework is a systematic process for developing the management of a business. It is not a process for managing the business, but rather a structure for guiding the management of the business. The business development framework addresses the following phases of business development: strategic planning, business planning, product development and marketing, and organizational development. OverviewThe framework consists of six basic steps:Define the market segment

Lean Six Sigma is a powerful, proven method of improving business efficiency and effectiveness. In a nutshell, here are the key principles of Lean Six Sigma to bear in mind: Focus on the customer. Identify and understand how the work gets done (the value stream ). Manage, improve and smooth the process flow. Remove non-value-adding steps and waste.

Integration of Lean & Six Sigma ensures exceptional improvements. In this management approach, traditionally the lean methodology is used first to remove the waste in a process. Later, the Six Sigma tools are used to improve process variations. However, these two methods go hand in hand in todays time.

What is Six Sigma? Six Sigma is a data-driven problem-solving methodology. The focus is on process variations and emphasis is given to customer satisfaction. Continuous process improvement with low defects is the goal of this method. The aim of Six Sigma is to make a process effective with – 99.99996 % defect-free. Lean six sigma summary diagramLean Six Sigma Summary Diagram is a diagram that shows the structure of a Lean Six Sigma project. Lean Six Sigma is a process improvement methodology that helps organizations achieve their goals. In Lean Six Sigma, there are a number of tools and techniques that help organizations to achieve improvement in the quality of their products and services. The diagrams below will help you understand the different steps in Lean Six Sigma.