Remove Cost-Benefit Analysis Remove Development Remove Innovation
article thumbnail

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.

Blog 413
article thumbnail

Transform Your Team: 5 Project Management Tactics for Success

Rich Gee Group

The steps include Goal Setting, Problem Identification, Solution Development, Considering Alternatives, and Evaluating Trade-offs. Solution Development With a clear understanding of the challenges, the next step is crafting solutions. Diverse perspectives often lead to innovative solutions.

Project 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

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. And what about innovation? I don’t know. I agree with many who believe we learn by doing.

article thumbnail

The Leader as Witness

Lead Change Blog

Witness” leaders create an atmosphere of perpetual experimentation that compels employees to innovate. If you did a cost-benefit analysis on some of the items on our shelves, you’d see the demand is way too low to make these items profitable,” says owner Gary Meschi.

article thumbnail

There Is No Silver Bullet For Solving Global Poverty

The Horizons Tracker

Data was also recorded on the cost of each intervention to allow a cost-benefit analysis to be performed. Assuming impacts last for perpetuity, the benefits in Niger are 20.9 times larger than costs for the psychosocial package, 13.5 Promising results. times larger for the full package, and 7.6

article thumbnail

How Does Public Transport Affect Greenhouse Gases?

The Horizons Tracker

The model developed by the team enabled them to test the impact of upgrading to a greener fleet, and therefore provide a cost/benefit analysis to planners and the Utah Transit Authority (UTA). “This is how much less we can pollute.'” ”