Inversion-based workflows are provided for real-time interpretation of the electromagnetic (EM) look-around and look-ahead measurements. The profile of a look-around zone is determined by interpreting EM measurements of a look-around zone. The profile of the look-around zone characterizes formation dip as well as vertical resistivity or resistivity anisotropy of one or more formation layers of the look-around zone. The profile of a look-ahead zone is determined by interpreting EM measurements of the look-ahead zone. The profile of the look-ahead zone characterizes formation dip as well as horizontal resistivity, vertical resistivity or anisotropy of one or more formation layers of the look-ahead zone. The workflows can also involve interpretation of look-around resistivity measurements to aid in the characterization of the look-around zone.