12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Strategic communication is a type of communication that is focused on a specific goal and concentrates on the development, implementation and monitoring of a communication strategy. The goal is to achieve a company's goals and objectives by establishing effective communication between the company and its target audiences. This concept is sometimes referred to as "risk management through communication" because it involves identifying, assessing and managing risks by providing clear and unambiguous information and messages to its target audiences.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Predictive analysis is a process used to predict or forecast future events by using data from the past and current state. It is used to make better decisions by identifying similar trends and developments. It helps companies better understand risk by predicting potential outcomes. It also enables companies to better predict customer behavior and increase sales.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Monte Carlo simulations are mathematical techniques that make it possible to simulate complexity and uncertainty in models to obtain unexpected results. They are commonly used in financial models to predict the impact of risk and uncertainty on the outcome of an investment. They use a combination of multiple random variables to produce a range of outcomes that can then be analyzed to make the best possible decision.
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Regression analysis is a mathematical technique used to predict future outcomes and determine the relationships between different variables. It can be used to predict the effect of a particular influencing factor on another variable or to determine which variables contribute most strongly to a particular metric. Applications of regression analysis include predicting sales volumes, determining prices, and determining credit risk.
12/05/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Founder and startup consulting is a type of consulting that specifically targets founders and startups and addresses specific issues and challenges that founders and startups face when launching their business. It is a type of expert consulting that helps founders and startups develop and implement their business idea and assists them in implementing legal requirements. It can also help identify the risks associated with a business idea and advise founders and startups on developing a business model and strategy that will help them achieve their goals. Ultimately, the advice can help founders and startups successfully launch their business and establish it in the marketplace.