Dynamic Business Modeling
This new course explains and demonstrates how to create working, quantified models of any enterprise, function or issue. The classes match the principles explained in the Strategy Dynamics course, although that course is not a pre-requisite for these modeling classes.
We have made two important advances that makes the building of models easier: …
- We have an efficient and reliable method for developing models, starting from performance outcomes and working back to the underlying system of customers, staff and other resources driving those outcomes. This works for any issue or plan, for any enterprise or department.
- We have easy-to-use software that allows anyone to build working, quantified models that match and simulate that same system with uncanny realism, and then to play out its performance into the future.
In an article by Paul Barnett
, Founder / CEO at Business Hard Talk, Paul notes that "as many as 80% of balanced scorecard initiatives fail to meet expectations" He goes on to say "[Robert] Kaplan explained that Balanced Scorecard was conceived as a tool to help implement a strategy, but does not help create one. It assumes executives have already defined their strategy"....... Paul concludes "I believe Strategy Dynamics can mitigate Balanced Score Card failures."
Login or register for this course to view lecture segments
This Business Modeling course is supported by a series of Worksheets – one or more for each class. These are provided as Sysdea software models. You will need a Sysdea account to use these models - a voucher for 2 months access is provided when enrolling for the self guided or tutored delivery options for this course.
Additional resources are supplied on this tab - these are often in the form of Sysdea models that you can copy to your own account.
Free access for registered teachers
We support teachers in learning this approach to business modelling by providing access to our online course free of charge. The course includes many models and exercises that can be used with your students at no cost but for more in-depth learning we can also provide access to the course + a semester licence to the Sysdea software for GBP £30 per person ($45) potentially saving you many hours of class time. Contact us today to discuss providing materials for your classes.
Login here or
register here for more information.