More companies involved in turnaround and restructuring are turning to Predictive Modeling.

In what is considered a change from the past, more turnarounds are beginning to use strategic and business planning tools. New evidence gained from research by The Business Development Group of Wayzata, Minnesota, an International strategic planning, turnaround, consulting firm indicates firms are looking beyond just the fast fix toward regaininga competitive advantage.

Minneapolis, MN (PRWEB) April 7, 2004 --- In what is considered a change from the past, more turnarounds are beginning to use strategic and business planning tools. Previous turnaround management and consulting groups have relied almost exclusively on cash management and financial restructuring.

New evidence gained from research by The Business Development Group of Wayzata, Minnesota, an International strategic planning, turnaround, consulting firm indicates firms are looking beyond just the fast fix toward regaining a competitive advantage. Lawyers, bankers and accountants want to see 3 to 5 years out before approving the recommended fix. The Business Development Group has been using Predictive Modeling for over 12 years to handle that precise request.

The process started out in the 1980s as a radical rewrite of Demings processes and, The House of Quality", it has since grown into one of the countys most reliable systems for uncovering hidden opportunities, competitive threats and allows a company to gain focus. Predictive Modeling, added to strong cash management procedures, is a key to a successful long-term turnaround.

Peter Lytle, Managing Partner of The Business Development Group says, The third generation Predictive Modeling process has taken many of our clients from the bottom of the pile to #1 in their industry".

Tim Geihl, President of E-empact Software, credits the process with their rapid growth. By using this process, we were able to focus on our core strengths, identify weaknesses in the industry we are in and in about 24-months become #1 in our market share."

Predictive Modeling is a mapping system comprised of 10 elements that evaluate the macroeconomics of a service, product, or industry, the motivation behind the sale, the technology and competitive environment. Training and consulting services are available.

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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