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Business Case Essentials: A Guide to Structure and Content Perfect Paperback – 8 Jul 2009

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Product details

  • Perfect Paperback: 103 pages
  • Publisher: Solution Matrix; 3 edition (8 July 2009)
  • Language: English
  • ISBN-10: 1929500025
  • ISBN-13: 978-1929500024
  • Product Dimensions: 17.8 x 0.6 x 25.4 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 256,977 in Books (See Top 100 in Books)

Product Description

Review

Business Case Essentials by Marty J. Schmidt

Rating: Excellent!

The economic downturn has sent a lot of companies back to the drawing board. Not to mention our continual shift to an all digital, internet reliant nation that's pushing out the old royalty. Goodbye Blockbuster, hello Netflix. Any business student understands the crucial importance of timing when it comes to submitting new ideas to corporations, non-profit companies, or government institutions. Perhaps nobody understands this more than Marty J. Schmidt, founder of Solution Matrix Ltd. on Wall Street, a consulting firm that specialises in cost/benefit analyses. He's just released a third edition book on the subject, Business Case Essentials , which outlines everything necessary to understanding how to put together a solid business case.

The small, roughly 100-page book is tightly packed with information laid out in text book fashion which might easily supplement a full business textbook for upper lever college economic courses. It opens with an easy-enough explanation of what a business case is. Schmidt smartly likens it to a court case, which sounds provocative to readers when you imagine the kind of courtroom presentations seen on shows like Law & Order, or Boston Legal. You are essentially saddled with the burden of proof in demonstrating the short-term and long-term outcomes of your proposal, as well as putting the company's current methods on trial. In doing so, Schmidt lends constant focus on accuracy, using a fictional company called Aerofirma Aerospace Assemblies to exemplify his methods.

This is not a read-through book, but an advanced text book for serious readers committed to learning the material. That said, the information presented is absolutely invaluable to anyone willing to put in the time to learn it. The author outlines what should go into each section of the business case, and how to present the information. He dedicates brief lessons to hearty subjects like Financial Metrics, Cash Flow Statements, Cost Models, as they pertain to business cases but these sections are brief, and a larger understanding will be required for how to obtain numbers, how to calculate probability, and so on. This is why I describe Business Case Essentials as an upper-level business text. Thankfully, Schmidt provides adequate footnotes about further reading for less experienced students.

Business Case Essentials is exactly what it says it is, and since it's one of the few practical references on business cases available, it's well worth the price tag. As further editions are published by Solution Matrix Ltd. it s easy to imagine areas expanded and added for full coverage of basic knowledge and skills required to put together a business case. However, since Schmidt's goal is conciseness, Business Case Essentials hits the mark with same accuracy that the author expects of his readers. Business Case Essentials is an essential first step in a comprehensive business library, and should be stocked on the shelves of every company looking to maintain a critical advantage in these shifting waters of economic growth and recovery.

--Eric Jones, BookReview.com

About the Author

Marty J. Schmidt is President and Founder of Solution Matrix Ltd. Dr. Schmidt has twenty years business experience, managing software development, international marketing and sales support, and, management consulting on business issues. He is a recognised authority on the application of cost/benefit analysis and business case development. He also taught graduate and undergraduate statistics at the University of New Hampshire, is the author of a college textbook on statistics, and publishes often on professional management and business issues. He is also the author of the Business Case Guide. He holds the Ph.D. degree from Purdue University and the M.B.A. from Babson College.

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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0 of 1 people found the following review helpful By R. T. Haluszczak on 15 May 2014
Format: Perfect Paperback Verified Purchase
A very good and short beginner's guide to Business case writing - there is surprisingly little in this area to go on.
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