If you’ve ever worked in a corporate office environment, you may have come across the term “SWOT analysis.” This has nothing to do with evaluating militarized law enforcement response units, and everything to do with taking a long, hard look at your company. Conducting a SWOT analysis is...
Scenario planning and scenario analysiswill better prepare you to deal with the unexpected. Being better prepared, having run through a number of scenarios and your business' possible responses to each scenario, strengthens your organization and makes it better able to survive and better able to dea...
You might have performed apersonal SWOT analysisin the past – the goal is somewhat similar to an organizational SWOT. By conducting a SWOT analysis, you can identify the current competitive advantages of your business and devise a successful strategy for the future. SWOT can also uncover the fa...
Postma, T.J.B.M.; Liebl, F.: How to improve scenario analysis as a strategic management tool, Technological Forecasting and Social Change, 2005, Vol. 72, pp. 161-173.T.J.B.M. Postma, F. Liebl, How to improve scenario analysis as a strategic management tool? Technological Forecasting...
What is a what-if analysis is also known as? What-if analysis is also known as scenario analysis or scenario planning. That’s because it lets you compare different scenarios in your business to help you make the best decision possible. ...
With value-driver-based forecasting models, companies can run various scenarios to better understand the impact of each KPI on their business decisions. Scenario planning helps businesses to lay out the possible alternative futures and anticipate them. Businesses are typically a unique combinat...
Again, although you’ll be measuring multiple metrics, focus on that primary goal metric when you do your analysis. For example, if you tested two variations of an email and chose leads as your primary metric, don’t get caught up on click-thro...
How many backlinks do their pieces have on average? This will give you a clearer idea of where you can compete and what you can do better. SEO tools such as Ahrefs allow you to enter a few competitor URLs and run a competitive analysis against your own domain. This is a quick way to...
The secret to building a successful review site is tofind the right niche. A perfect niche has low competition, and it should be something that you’re passionate about. Here are a few factors to think about: What unique things can you do tobuild traffic?
Scenario analysis is the process of estimating the expected value of aportfolioafter a given period of time, assuming specific changes in the values of the portfolio's securities or key factors take place, such as a change in the interest rate. Scenario analysis is commonly used to estimate ch...