Monthly Archives: February 2017
MECE – 7 – Mental Models for Education
Pronounced ‘Mee-See,’ this is another fave from the world of consulting. When mapping out a curriculum, assessment, taxonomy, decision or driver tree, consider whether its components as you’ve outlined them are Mutually Exclusive, as well as Collectively Exhaustive. In other words, make sure … Continue reading
Objective Oriented – 6 – Mental Models for Education
I’ve written about this before, so will only touch on it again briefly. There are two modes of thought when doing something: Process oriented Objective oriented The first asks ‘What must I do?’ then tries to do it. The second … Continue reading
The 80:20 Principle – 5 – Mental Models for Education
In 1896 the Italian economist Vilfredo Pareto noticed that roughly 80% of the land in Italy was owned by 20% of its population. The Pareto Principle, or more often, the 80:20 principle, suggests that 80% of your sales usually comes … Continue reading
Cost-Benefit Analysis – 4 – Mental Models for Education
When considering the benefits of your new initiative, think also of the costs. In business this can be a simple calculation: what are the projected costs? What is the expected revenue or saving? Does the revenue / saving exceed the … Continue reading
