Flashcards

⚛️ First Principles Thinking

First Principles Thinking involves breaking down a problem or concept into its most basic, fundamental components. It requires starting from scratch and deducing everything from the ground up based on fundamental laws and principles.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🏭 Theory of Constraints

The Theory of Constraints (ToC) aims to identify and address bottlenecks in business processes. It involves focusing efforts on improving a process's most important limiting factor until it is no longer a constraint.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🏎 Speed vs Velocity

Unlike speed, which only describes the magnitude of an object's movement, velocity is a function of speed and direction. It describes both the magnitude and the direction of an object's movement.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🔁 OODA Loop

The OODA loop is the Observe–Orient–Decide–Act process for making fast decisions in high-stakes situations. It involves information gathering, data analysis, decision-making, and action before repeating the process with new data.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🔢 Headcount Planning

Headcount planning is a strategic exercise to ensure that an organisation has the correct number of people with the right skills to achieve business objectives.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🗳 Political Capital

In the workplace, political capital refers to the accumulation of resources and power built through relationships, trust, goodwill, and influence between team members of the same organisation.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

⚙️ Output vs Outcome

Outcomes are the results, and outputs are the activities that support the desired results. If you focus on the correct output, the outcome will eventually materialise.

Daniel Jarjoura
Daniel Jarjoura
Flashcards

🧑‍🏫 Employee-to-Employee Learning

Employee-to-Employee learning enables team members to learn and grow from the best experts within the company while reinforcing engagement and encouraging social connections.

Daniel Jarjoura
Daniel Jarjoura
Flashcards