Strategic Analysis Best Practice 5 – The Use of Models

In today’s data rich world, it is often difficult to identify the meaningful patterns and relationships that yield information decision-makers need to set the direction of their organizations. Additionally, complex market environments create a multitude of data analysis options; preventing any one person from seeing every possibility. Deriving compelling information from this sea of data and presenting it in simplistic, understandable, and actionable manner thus becomes the challenge of every business analyst. Helping solve this dilemma is the business model.

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