Whether we want to grow the business cash-flow, fix poor service quality, or fight off a competitive threat, improvements will happen over time. So the starting point for any business plan, or for tackling any challenge, is a clear definition and picture of how key performance outcomes have changed up to now, and may change into the future. This class shows how to specify this performance-over-time for one or more indicators, and how to set this up as a time-chart so that the model we build will show exactly how that improvement will happen.
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Topics covered in this class:
- 1.1 Specifying the performance-over-time we want to model **
- 1.2 Is the model for a long-term plan, or for a specific challenge?
- 1.3 Defining appropriate time-scales and units
- 1.4 Adding simple calculation of performance outcomes **
- 1.5 Exploring how performance may change
** This segment is included in the "Getting started" course.
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. For our shorter courses access to Sysdea is provided for the duration of the course. For our full price self-guided option a voucher for 2 months access is provided.
When logged in and registered on 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.
Low cost access for your students
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 low cost access to the course videos and software for your students potentially saving you many hours of class time. Contact us today to discuss providing materials for your classes.
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