Remove Career Remove Cost-Benefit Analysis Remove Learning-by-Doing
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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.”. Sunk costs are sunk.

Wilde 258
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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. Learn to build a business case for your change initiatives. Define the problem. A lack of clarity slows it down.

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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. They will respond to ethical reasoning and can learn to apply it themselves.

Ethics 197
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Intangible Loss of Outsourced Innovation

Mills Scofield

I’ve been thinking about the 2 nd , 3 rd order effects of outsourcing, especially now that some companies are either doing or seriously considering insourcing. I’ve wondered about the cost-benefit equation of in vs. outsourcing for a while. I agree with many who believe we learn by doing.

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

The fact of the matter is that senior executives who rise to the C-suite do so largely based upon their ability to consistently make sound decisions. They make bad decisions. And in some cases they compound bad decision upon bad decision. The truth is that even leaders who don’t fail make bad decisions from time-to-time.

Blog 416
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5 Leadership Signals that Turn Culture into Advantage

Skip Prichard

How do you ensure it’s the former, not the latter?” I followed up with the authors to learn more about their leadership philosophy. Learn from the Mistakes of A Rotten Culture. So many of the things leaders do that create lousy cultures are decisions that produce quick payoffs. That’s what Wells Fargo did.

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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. However, we should never be trapped by decisions that can be reversed, should we care to do so. However, we should never be trapped by decisions that can be reversed, should we care to do so.

Career 8