SWOT vs PESTEL Analysis Both, SWOT and PESTEL, being tools to analyse the business environment, knowing the difference between SWOT and PESTEL is very important in deciding on the suitable tool to be used. In the organizational perspective, in order to make important strategic decisions, the management is always concerned about internal and external […]
Difference Between SWOT and TOWS
SWOT vs TOWS Though SWOT and TOWS appear to mere shuffle of letters, beyond that, there is a difference between SWOT and TOWS in terms of the sequence of analysis. In the current competitive business environment, it is a huge challenge for the managers to make decisions on behalf of the organization. Therefore, in […]
Difference Between TQM and BPR
TQM vs BPR Since TQM and BPR concepts have a cross-functional relationship, it is helpful to know the difference between TQM and BPR for a better understanding of these concepts. TQM, an acronym of Total Quality Management, is concerned about improving the productivity through quality improvements while BPR, an acronym of Business Process Re-engineering, is concerned about making […]
Difference Between TQM and Six Sigma
TQM vs Six Sigma In a time where quality can be considered as an important aspect in operating a business successfully, getting to know the difference between TQM and Six Sigma can be helpful to those interested in the effective tools to improve quality in organizations. Organizations ultimate objective is to achieve success through […]
Difference Between Managerial Functions and Managerial Roles
Managerial Functions vs Managerial Roles Difference between managerial functions and managerial roles is that managerial functions involve the key duties and responsibilities of a manager while managerial roles involve the actions that need to be taken in order to carry out the business operations. For example, managerial functions involve planning, organizing, leading, etc. and roles […]
Difference Between Project Manager and Operations Manager
Project Manager vs Operations Manager As managers play important roles in every business organization, it is handy to know the difference between project manager and operations manager. Project manager is a person who is responsible for accomplishing the project goals within the scope, specified time frame and within the budget. The operations manager is […]
Difference Between Incident Management and Problem Management
Incident Management vs Problem Management Difference between incident management and problem management is that incident management is about managing an unexpected situation while problem management is about managing an issue which has arisen. Knowing the difference between incident management and problem management is important due to the fact that they are closely linked with each other. […]
Difference Between FMEA and FMECA
FMEA vs FMECA Both, FMEA and FMECA, are two methodologies used in the production process, and the basic fact in the difference between FMEA and FMECA is that one is the extension of the other. To further explain, Failure Mode and Effects Analysis (FMEA) and Failure Modes, Effects and Criticality Analysis (FMECA) are two […]
Difference Between ISO 9001 and ISO 27001
ISO 9001 vs ISO 27001 Having a clear understanding of the difference between ISO 9001 and ISO 27001 and the objective of each are essential to decide on the appropriate quality standard for your organization. These standards help to specify the technical requirements in order to standardize the products and services which provide many […]
Difference Between ISO 27001 and ISO 27002
ISO 27001 vs ISO 27002 As ISO 27000 is a series of standards that have been initiated by ISO to ensure safety and security within the organizations worldwide, it is worthwhile knowing the difference between ISO 27001 and ISO 27002, two of the standards in the ISO 27000 series. These standards have been initiated […]
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