Economic models and their management are an amazingly important lens to help you build a great business. I am writing a series of posts on economic models, how to develop them, and how to use them. This post serves as an index to the posts that have been published.
At some point, I would like to turn them into an e-book, so if you have suggestions for improvement or issues that have not been addressed, I would really appreciate your comments!
In this series:
This post describes what an economic model is and why it is important to your business.
Here are some of the top reasons why CEOs fail to recognize the importance of and implement a comprehensive economic model.
This post describes an iterative process that you can use to identify and improve your economic model.
There is both risk and benefit to delaying optimizing your economic model. This post lays out the reasons to wait, as well as the reasons to do it now.
This post describes the characteristics of the best spreadsheet models that help you to better understand your economic model and better predict your economic performance.
How do you know you have an attractive economic model? It will have these five characteristics.
…but do your employees, managers, investors and customers see yours?
As I said, I would really like your comments, as I am sure that there are many ways to improve the posts. Please comment here or on the individual posts!