Businesses need to build an adaptable model that can change with the times, and continuously re-evaluate their model to stay ahead of the curve.

FORBES: Where Banking Meets Tech: Why Businesses Must Adapt, Or Else

Indeed, first complexity needs to be reduced in order to make a clear model of whatever you are trying to evaluate before you can use those mountains of data effectively.

FORBES: Tim Cook Again Expresses Intense Interest In TV Market, But Mutes The Real Issues

If your organization can perfect it, the Idea Gauntlet can be used not only for the executive summary, but also to shatter group think, evaluate proposed features, and even help structure your core business model.

FORBES: Insight From Competitors: The Idea Gauntlet

One winning model, submitted by the Entrepreneurial Finance Lab, was a low-cost screening tool lenders can use to evaluate the risk of a potential SME loan without requiring the traditional evidence for creditworthiness that all too many entrepreneurs especially women lack.

WHITEHOUSE: Office of Science and Technology Policy Blog