Appreciation of the financial implications of different strategic decisions is fundamental to the business planning process and, therefore, the financial success of any business. At Strategycom we understand the process of planning and have defined tools for developing bespoke economic models that reflect the individual business unit's characteristics.
The economic models that we develop always include the option to 'flex' certain key parameters, to allow for 'scenario' planning in real-time. The output from these models is a range of financial information including profit and loss figures, key metrics, such as break-even and gross margins, and operational information such as staffing levels. These are displayed in graphical formats, a form of management 'dashboard' that is easy to use and understand for both finacial and non-financial managers.
See the attached pdf outlining theeconomic model