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| Overview
Master the techniques that business analysts at leading companies
use to transform data into bottom-line results. For more than a
decade, well-known consultant and business professor Wayne Winston
has been teaching corporate clients and MBA students the most
effective ways to use Microsoft Office Excel for data analysis,
modeling, and decision making. Now this award-winning educator
shares the best of his classroom experience in this practical,
business-focused guide—updated and expanded for Excel 2007.
Each chapter advances your data analysis and modeling expertise
using real-world examples and learn-by-doing exercises.
You'll learn how to create best, worst, and most-likely
scenarios for sales, estimate a product's demand curve,
forecast using trend and seasonality, and determine which product
mix will yield the greatest profit. You'll even discover how
to interpret the effects of price and advertising on sales and how
to assign a dollar value to customer loyalty.
Editorial ReviewsProduct Description Master the techniques that business analysts at leading companies use to transform data into bottom-line results. For more than a decade, well-known consultant and business professor Wayne Winston has been teaching corporate clients and MBA students the most effective ways to use Microsoft Office Excel for data analysis, modeling, and decision making. Now this award-winning educator shares the best of his classroom experience in this practical, business-focused guide--updated and expanded for Excel 2007. Each chapter advances your data analysis and modeling expertise using real-world examples and learn-by-doing exercises. You'll learn how to create best, worst, and most-likely scenarios for sales, estimate a product's demand curve, forecast using trend and seasonality, and determine which product mix will yield the greatest profit. You'll even discover how to interpret the effects of price and advertising on sales and how to assign a dollar value to customer loyalty. You get all the book's problem-and-solution files on CD--for all the practice you need to solve complex problems and work smarter with Excel. |
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Reader Reviews From Amazon (Ranked by 'Helpfulness') Average Customer Rating: based on 7 reviews. Book is great, online course is better!, 2009-05-28 Reviewer rating: Must read for anyone who models business problems or does statistical analysis.
If you haven't been to one of his seminars, you should check out his online course, Spreadsheet Modeling, developed by Harvard Business School (http://hbdm.harvardbusiness.org/courses).
The course shows you how to create spreadsheet models to analyze both simple and complex problems. It's practical and painless. Includes lots of great videos and is very interactive.
| Book is excellent!, 2009-04-07 Reviewer rating: I like the approach taken in the book of the author being asked questions and his answers are the learning tool. Real World learning. | Winston is an Excel Wizard!, 2009-04-06 Reviewer rating: A fantastic book for everyone switching over to Excel 2007 or just wanting to learn more about Excel. I highly recommend this book as a great source of information and reference. | Not Useful, 2008-11-19 Reviewer rating: I bought the book to do a spreadsheet for a new business. The author assumes I am already well versed in Excel, but at this point, I hadn't used Excel for about 6 years. Maybe I should not have purchased this book. I would think that business modeling allows one to do a spread sheet and do sensitivity analysis, as to which items are major cost drivers. This could be obvious by inspection.
The author gets into present value calculations and internal rate of return but there is better software for this. He includes a disk but it wasn't obvious to me which files to open. I found the book hard to follow.
This book would be better used in a finance class with an instructor. It's not for the user who needs some quick help with Excel.
| Best, Most Practical Book in the Field, 2008-08-11 Reviewer rating:
Winston is a guru in his field and it shows in this book, which tackles all the necessary tools you will need "on the job" and does so in a rich, but easy to understand language.
At times, you will feel that the author is coaching you all along, right over your shoulder.
an amzing book that I reference at least once a week, this book is must-own for anyone who wants to model business decisions & stand out among your peers |
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