Gulf Management Associates Ltd

The Top 25 Management Tools for 2009

Whether executives want to increase revenues, innovate, improve quality, increase efficiencies or plan for the future, management tools have become a common part of how successful executives achieve their goals.

Darrell Rigby is a partner in the Boston office of Bain & Company and to help inform managers about the tools available to them, he founded and launched Bain’s Management Tools Survey, a global survey on the usage, satisfaction and effectiveness of several widely used management tools among a broad range of senior executives.

For the past 16 years, he has published “Management Tools: An Executive’s Guide” containing the 25 most popular and pertinent tools and the study has grown to include a survey of executive attitudes toward current management trends.

The list of 25 top management tools is:

  1. Balanced Scorecard
  2. Benchmarking
  3. Business Process Reengineering
  4. Collaborative Innovation
  5. Core Competencies
  6. CRM
  7. Customer Segmentation
  8. Decision Rights Tools
  9. Downsizing
  10. Growth Strategy Tools
  11. Knowledge Management
  12. Lean Six Sigma
  13. Loyalty Management
  14. Mergers and Acquisitions
  15. Mission and Vision Statements
  16. Online Communities
  17. Outsourcing
  18. Price Optimization Models
  19. Scenario and Contingency Planning
  20. Shared Service Centers
  21. Strategic Alliances
  22. Strategic Planning
  23. Supply Chain Management
  24. Total Quality Management
  25. Voice of the Customer Innovation

You can download Management Tools 2009 – An Executive’s Guide from Bain & Co’s web site.

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