Decision support

A Powersim Simulation adds power, flexibility and speed to the strategic planning process.

A decision support simulation projects future changes in an organization's KPI based on a comprehensive computer model of your business and your business strategy.

Such simulations may be used once to analyze a particular investment opportunity or on an ongoing basis as part of an integrated management system.

Simulations enhance and complement spreadsheets and risk analysis software by combining historical data, "cause-and-effect" assumptions about future performance and enforces unit consistency.

Simulations provide presentations to allow the end user to influence on input, get the overview of the KPI's allowing managers to collaborate as they create, compare, and share simulated business scenarios.

A Hospital simulation analyzing different ways to organize wards.

Decision Support Simulations help managers...

• Test business strategies before committing resources. Simulations help reduce the risk of new strategic initiatives by allowing managers to experiment with alternative decisions in a simulated business environment. 
• Reduce the annual planning cycle. With a Powersim simulation, executives and senior managers can collaborate to create and evaluate business scenarios, dramatically shortening the time to develop an annual plan. The plan can be continually updated. 
• Leverage collected business data for strategic decision-making. Powersim simulation solutions utilize enterprise data stored in relational databases, ERP systems and Microsoft Excel spreadsheets. User interfaces can display both past historical data and future simulated data.

For more information about Decision Support Simulations, contact us.