IM | Inventory of Means

Inventory of Means

The Inventory of Means is a method for systematically recording and evaluating all available resources and funds. It helps to gain an overview of available resources so that they can be used as needed. Inventory of Means is an essential concept of Effectuation (EF).

Effort: small Difficulty: medium Effectiveness: long

While in effectuation an entrepreneur asks the question of the inventory of means for himself or herself, in projects it naturally makes more sense to carry out the inventory of means for the entire team. Particularly useful at the beginning and during the project in order to work out a solution to a problem with the available resources.

💡 Tip from practice: Of course, you need to constantly adapt and update your toolbox. Be flexible and ready to tap into new resources or contacts as you work on your project.

Related methods

EF Effectuation SW SWOT Analysis 15Q 15 Questions
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