Strategic Analysis Best Practice 8 – Validate the Extremes
Performance studies of today’s intricate, technology-driven organizations and the fast paced business environments in which they operate yield unprecedented amounts of data.
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Performance studies of today’s intricate, technology-driven organizations and the fast paced business environments in which they operate yield unprecedented amounts of data.
Evaluators performing business performance assessments often find themselves awash in data suggesting their company’s performance significant lags that of competitors and top industry performers. Evidence suggesting the need to improve may be so plentiful that the self assessors come to believe immediate reforms must be made if to only ensure the continued viability of their organization.
StrategyDriven Podcast Episode 18 identifies why a diverse set of models should be employed during performance of a strategic analysis, describes the steps used to select the appropriate models for an evaluation, and explores the risks of using models and what to do if a situation arises where an appropriate model is not available to support the evaluation.
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