CXO Abbreviations

  • CAO = Chief Administrative Officer
  • CAO = Chief Analytics Officer
    • CBO = Chief Brand Officer
    • CBO = Chief Business Officer
    • CCO = Chief Channel Officer
    • CCO = Chief Commercial Officer
    • CCO = Chief Communications Officer
    • CCO = Chief Compliance Officer
    • CCO = Chief Creative Officer
    • CDO = Chief Data Officer
    • CEO = Chief Executive Officer
    • CFO = Chief Financial Officer
    • CHRO = Chief Human Resource Officer 
    • CIO = Chief Information Officer
    • CISO = Chief Information Security Officer
    • CINO = Chief Innovation Officer
      • CKO = Chief Knowledge Officer
      • CLO = Chief Learning Officer
      • CLO = Chief Legal Officer
        • CMO = Chief Marketing Officer
        • CNO = Chief Networking Officer
        • COO = Chief Operating Officer
        • CPO = Chief Procurement Officer
        • CPO = Chief Product Officer
          • CRO = Chief Risk Officer 
          • CSO = Chief Security Officer  
          • CSO = Chief Science Officer
          • CSO = Chief Strategy Officer
          • CTO = Chief Technical Officer
          • CVO = Chief Visionary Officer
          • CWO = Chief Web Officer
          • CXO = Chief Executive Officer

          Note: Few have multiple expanded forms

           

          STEEPLE analysis

          Social
          Technological
          Economic
          Environmental
          Political
          Legal
          Ethical

          This is a valuable analysis for consideration when entering into export market.

          Also known as PESTLE or PESTLIED analysis.

          You might want to read about PEST here.

           

          Peter Principle

          It says: “in a hierarchy every employee tends to rise to his level of incompetence

          In other words – employees tend to be promoted until they reach a position at which they cannot work competently.

          Source: wiki

          In real world you may have many examples. Managers will promote certain people considering their excellent work in past positions. Managers will promote them with the feeling they will excel in their promoted designation (Halo effect) also. In really due to expertize problems employee will perform poorly and same management will start blame games Winking smile. When (usually) this employee will learn things (or fired out from this position) and goes on with the voyage.

           

          100% rule

          This rule says – WBS contains 100% of the work defined by Scope. There will be nothing less or anything more included.

           

          Tornado Diagrams/Plots/Charts and Sensitivity Analysis

          You must have now got an idea why this diagram was named. This is basically a bar chart. This type of chart is mainly used for Sensitivity Analysis.

          Sensivity Analysis
          It is the comparison of relative importance of variables. This Analysis helps to determine which risks have the most potential impact on the project.

           

          Spider Chart

          Also called:

          • Web chart
          • Radar chart
          • Star plot
          • Cobweb chart
          • Irregular polygon
          • Polar chart
          • Kiviat diagram

          It is a form of 2-dimensional depiction of multiple quantitative variables represented on axes starting from a same point.

          A spider chart will look like this (pictures picked from internet):

          image

           

          Ishikawa’s 7 basic tools of Quality

          These are basic graphic based tools used for the troubleshooting issues related to quality. This is named after Kaoru Ishikawa, a Japanese University Professor.

          Cause and Effect Diagrams
          OR
          Ishikawa Diagrams
          OR
          Fishbone Diagrams
          OR
          Herringbone Diagrams
          OR
          Fishikawa Diagrams
          Used to show how factors linked to issues
          Control Charts This is basically used to check whether a process is in control.
          Flowcharts Flow diagrams
          Histogram It is a vertical bar chart which is used to identify how often a variable state is occurred.
          Pareto Chart This is a type of histogram but it is ordered by frequency of occurrence. The name case from the relation of Pareto’s Law – which says a relatively small number of causes will produce a majority of problems/defects. (80/20 rule. i.e., 80% problems are cased by 20% of causes)
          Run Chart A run chart displays the history and pattern of variation. It is a line graph.
          Scatter Diagram Used to show relationships between two variables.
           

          PERT

          PERT = Program Evaluation and Review Technique

          This is a technique used to analyze and represent the tasks in a project.

          More reading here

           

          Three-Point Estimate

          This estimate is based on PERT analysis. This technique also used when less information about the project is known.

          This method calculated the expected duration of activity.

          image

          Where,

          tE = Expected

          t0 = Activity duration based on best-case scenario

          tM = Activity duration

          tP = Activity duration based on worst-case scenario

           

          Read more details here – wiki