Which tools and frameworks are commonly used in industry-specific advisory projects?

Tools vary depending on the industry, but most advisors rely on a blend of analytical, strategic, and diagnostic frameworks.

Commonly used tools and frameworks:

• SWOT & PESTEL Analysis: Customized by sector to identify relevant threats and trends.

• Porter’s Five Forces: Adjusted for sector-specific market dynamics.

• Benchmarking Platforms: Like IBISWorld or Statista for industry data.

• Regulatory Databases: Such as HIPAA guidelines (healthcare) or Basel III (banking).

• Process Mapping Tools: To visualize workflows unique to the industry.

• Tech Platforms: Like Salesforce (retail), SAP (manufacturing), or Epic (healthcare).

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