Mind mapping has been used in various formats for hundreds of years. It is also known as brainstorming, visual thinking, problem solving, concept maps to name just a few. When preparing your mind map the categories may vary but the concept remains the same
The conceptual mind map as attached applies to all business. The categories will change to suit the individual businesses but the concept remains constant. Key categories are listed with each of the elements that affect them. During the formation of this document the impact of each element on other categories will be clearly identified.
For example when a retailers sales exceed expectations this impacts on stock levels, profitability, payment terms, cash flow, admin, technology.
Every thing we change affects at least one other part of out business When making any business decision the impact this has on another part of the business must be considered.
Businesses will remain successful and grow if they stay focused on the big picture.