We know that resources drive performance - customers drive sales, staff and capacity drive our ability to serve those customers and fulfil those sales. So we can understand changing performance much better if we lay out these causal relationships rigorously, including the simple arithmetic defining how each item depends on others. And those factors driving performance must also be changing, so this class shows the value of displaying time-charts on those factors too - rates of change for customer-numbers, purchase rates, staffing, productivity, and so on.
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Topics covered in this class:
- 2.1 How Stocks, Decisions and External factors drive performance **
- 2.2 Using standard customers-to-sales relationships
- 2.3 Using standard relationships on the supply-side of the business
- 2.4 What to do when the objective is a Stock
- 2.5 Defining non-financial performance, and using look-ups
- 2.6 Setting up segmentation
** 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.
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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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