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How to Solve Our Wild Problems

Leading Blog

T HERE ARE PROBLEMS that can be solved by a simple cost-benefit analysis. The big decisions in life, what Russ Roberts calls Wild Problems — whether to marry, who to marry, what career path to follow, ethical dilemmas — “can’t be made with data, or science, or the usual rational approaches.”.

Wilde 278
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Are College Degree Still Valuable?

The Horizons Tracker

Boosting earnings In simple terms, this means that going to college is likely to boost your earnings by around 9 to 10% each year throughout your career. The researchers took into account things like how much college costs, any financial aid students received, and the earnings they missed out on by not working full-time while studying.

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How to Make the Business Case for Change

Lead Change Blog

If future cost savings will fund the initiative, show the payback calculation. Provide a cost-benefit analysis. Include non-financial costs and benefits along with the financial ones. Determine the budget lines that will pay for your proposal or describe the financing for it.

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Ethics Is Serious Business

Great Leadership By Dan

Gioia supported Ford’s decision at the time, based on a plausible cost-benefit analysis. Yet the flaws in Ford’s analysis are immediately evident to someone properly trained in ethical reasoning. Those in the heteronomy stage will absorb the values of the organization, particularly when it advances their careers.

Ethics 197
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Intangible Loss of Outsourced Innovation

Mills Scofield

I’ve wondered about the cost-benefit equation of in vs. outsourcing for a while. Most cost-benefit analysis focuses on tangibles: lower labor rates, higher freight, etc.

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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Assess : Put the idea through a risk/reward and cost/benefit analysis. This may be the first time in my career that I've been accused of taking a standard management approach.:) Simple : Whether the new idea is intended for your organization, vendors, suppliers, partners or customers it must easy to use.

Blog 413
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Don’t Talk Yourself Out of Trying a Second Career

Harvard Business Review

As our lives and marketplaces change all too rapidly, past career decisions can become obsolete or even dangerous to our wellbeing. With the experience of your first career to draw on, you should know what you enjoy and what you could learn to do. Career Transitions. Leaving a Stable Job to Create Your Dream Career.

Career 8