A few times in the past, experienced consultants have told me how they use a “hypothesis-driven” approach to figure out strategy recommendations for clients. In summary, this means […]
Strategy
Posted on:
The rigorous modeling process follows the Pyramid Principle
My last post “Get buy-in with the Pyramid Principle” explained a process to win support for important conclusions or recommendations … start with the key recommendation, or issue […]
Strategy
Posted on:
McKinsey and the strategic CFO
McKinsey reports on the increasingly strategic role that CFOs, but that needs dynamic business models.
Strategy
Posted on:
Process models -v- dynamic models – related but different
Most executives probably think of “process models” to capture how a business works. These descriptive models lay out what is done to the things in the system. Dynamic models, define and quantify those things themselves, and show how their scale changes over time – with considerable benefits over proce3ss models.
digital twin business models / Strategy
Posted on:
How dynamic business models can enhance Enterprise Architectures for information-systems planning
“Enterprise Architectures” (EAs) have long provided a solid basis for developing organizations’ IT strategies and plans.
BUT, the business architectures on which the whole EA effort depends are typically descriptive and qualitative. Dynamic business models, in contrast, are quantified, working “digital twins” that play out how the business actually functions.
dynamic business models can add a stronger foundation for EA efforts.