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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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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

Maintaining our social infrastructure also requires know-how, because we must develop ground rules that make our social practices sustainable. Gioia supported Ford’s decision at the time, based on a plausible cost-benefit analysis. Training in ethical analysis can play a key role in developing ethical leadership.

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. I don’t know.

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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

In order for your enterprise to turn an idea into a monetizing and/or value creating event you should develop a strategic plan that attempts to measure the idea against the following 15 elements: 1. It should be developed as a solution to a problem or to exploit an opportunity. via n2growth.com [.]

Blog 413
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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Making sound decisions is a skill set that needs to be developed like any other. By developing a qualitative and quantitative filtering mechanism for your decisioning process you can make better decisions in a shorter period of time. What if the costs exceed projections, and the benefits fall short of projections?

Blog 416
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A Better Metric for the Value of a Worker Training Program

Harvard Business Review

The United States has thousands of workforce development and training programs, run by the public, social, and private sectors. In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. Some are excellent; others, not so much.

Metrics 11