Economic Analysis


Forrester Consulting assists businesses, foundations, associations and individuals with questions about regulatory policy and economic trends.


Using computer models, clients can examine legislative and regulatory changes to estimate the magnitude and timing of impacts and anticipate undesired consequences. Models also help clients understand industry cycles, regional development patterns, and general economic trends.


The approach to economic analysis stresses the principles of market economics and the adaptive behavior of individuals.

 
Business Strategy Consulting


Forrester Consulting works with senior executives, venture capitalists, and management consultants to develop consistent, high-leverage policies to guide decision-making.


A disciplined analytical process leads clients from intense discussions and fact-finding, through computer modeling and analysis, to strategy implementation. The process enables clients to:


  1. ‣Identify key elements of business leverage

  2. ‣Eliminate contradictory goals and incentives

  3. ‣Understand interactions of suppliers, distributors, competitors and customers

 

Summary of Services

Services:

  1. ‣ Business Strategy Consulting

  2. ‣ Economic Analysis

  3. ‣ System Dynamics Methodology

  4. ‣ Additional Activities

System Dynamics Methodology


Forrester Consulting uses the system dynamics methodology. System dynamics was developed at MIT in the mid 1950's. The method applies the principles of engineering control theory to managerial and economic problems.


Computer models serve as laboratories for experimentation. Modeling is faster and less expensive than experimenting through real-life trials.


Modeling allows people to test theories, develop internal consistency, build consensus, discover missing information, estimate the quantitative impact of changes, discover new opportunities, and avoid mistakes.

 
Additional Activities


Forrester Consulting also provides:


  1. ‣Expert testimony in litigation and arbitration

  2. ‣Market analysis and valuation for mergers and acquisitions

  3. ‣Staff training for development and interpretation of simulation models

  4. ‣Software development for training and demonstration