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Third Generation Predictive Modeling Process Launched By Business Development Group

Minneapolis, MN (PRWEB) April 7, 2004 - Eighteen years, 200+ companies, 15 consultants and researchers and an intensified 24-month review and rewrite have resulted in the introduction of Generation #3 of one of the most powerful strategic planning tools used in competitive business and mature business environments. Named Predictive Modeling by the original development team in 1986, it was an update of Demings strategic work and The House of Quality.

Peter Lytle, Managing Partner for The Business Development Group (BDGPartners.com) one of the original developers stated, This new product is greatly improved offering significantly more competitive intelligence and quicker and more economical results for users. It has always been a strong product, now it is even more compelling to use. Predictive Modeling is comprised of ten core strategic information components. Each component is evaluated by a team and placed into a matrix. The matrix is analyzed giving the user a strong indication of macro industry and product or service trends, threats and opportunities.

Michael Olsterholm, Director of the Center for Infectious Disease, Research and Policy at the University of Minnesota, praised the Predictive Modeling process. Dr. Olsterholm states, It brought tremendous focus to our Center and identified some significant threats and long- and short-term opportunities. Tim Wensman of Gold n Plump Poultry, stated, We have used Predictive Modeling in our strategic planning process for over eight years and it has helped us define our growth objectives while identifying some very real threats.

The 3rd generation Predictive Modeling process is currently being taught and offered to business and organizations by The Business Development Group of Wayzata, an International strategic planning and turnaround firm.

For more information, contact:
Peter C. Lytle at plytle@bdgpartners.com
Phone: 952-473-3831
Fax: 952-476-0264
www.bdgpartners.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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