StrategyDriven Podcast Episode 18 – Diverse Models

StrategyDriven Podcasts focus on the tools and techniques executives and managers can use to improve their organization’s alignment and accountability to ultimately achieve better results. These podcasts elaborate on the best practice and warning flag posts on the StrategyDriven website.

Episode 18 – Diverse Models elaborates on Strategic Analysis Best Practice 7 – Diverse Models. This discussion:

  • 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
  • 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

Strategic Analysis Best Practice 7 – Diverse Models

Solutions addressing today’s multifaceted business challenges and opportunities can be extremely difficult to recognize; the ever increasing pace of change within the business environment further complicating this problem. In order to successfully deal with this challenge, decision-makers need the support of people and tools to help them distill large quantities of data, recognize important business trends, discount temporary fads, and translate their findings into meaningful organizational activities. Because no one analysis perspective will adequately account for all of the important nuances associated with a complex problem, multidiscipline teams and diverse tools should be employed to establish a complete picture organizational performance and environmental conditions. Use of a diverse set of models during the strategic analysis process helps create this needed picture.*

Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.

Subscribe to the StrategyDriven Insights Library

Sign-up now for your StrategyDriven Insights Library – Total Access subscription for as low as $15 / month (paid annually).

Not sure? Click here to learn more.

Buy the Article

Don’t need a subscription? Buy access to Strategic Analysis Best Practice 7 – Diverse Models for just $2!