Online Money Manager
Posts Tagged ‘market cycle’
Kepner-Tregoe credit analysis
Sometimes all that is needed is to determine what is wrong and why it is wrong, and then to fix it. This approach is at the heart of Kepner-Tregoe (kt) analysis and its emphasis on solid, rational analysis makes it suited to hard rather than soft management issues. For example, it is used to explain deviations from the norm, quality or process problems (often in manufacturing), and how to repair machines or systems and to identify potential problems.
kt analysis is simple, methodical and powerful. The first stage is to define the problem in detail by asking the following questions:
- What is the problem or deviation?
- Where does it occur?
- When does it (or did it) occur?
- How does it occur? Specifically, how often does it happen, and how old is the process when it first occurs?
- How big is the problem (how much is affected in real terms or as a proportion of the whole)?
The answers to these questions should allow you to define what the problem is, as well as what it is not. The next stage is to examine the differences between what should happen and what does happen, preparing a list of possible reasons for each difference and for the problem as a whole.
Welcome! My name is Eve Santori. I professionally deal with money management for almost 15 years now and this blog was created to share some of my knowledge with your. After graduation from Stanford University I learned a lot about thing that ordinary people find confusing and frightening, such as loans, mortgage or debt. I shared that experience in two books that I've published, but I also decided to offer the same information on my blog. So, there it is!