Remove Cost-Benefit Analysis Remove Finance Remove Leadership
article thumbnail

How to Make the Business Case for Change

Lead Change Blog

Identify potential funding sources for both upfront and ongoing costs. Determine the budget lines that will pay for your proposal or describe the financing for it. If future cost savings will fund the initiative, show the payback calculation. Provide a cost-benefit analysis.

article thumbnail

Why Businesses Fail | N2Growth Blog

N2Growth Blog

You cannot separate leadership from decisioning, for like it or not, they are inexorably linked. Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs? What if the costs exceed projections, and the benefits fall short of projections?

Blog 416
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Assess : Put the idea through a risk/reward and cost/benefit analysis. Champion : Senior leadership must champion any new idea being adopted. " Regards, Leadership Freak Dan Rockwell [link] Bob MacNeal Mike, Thanks for this helpful post. Senior leadership must champion any new idea being adopted.

Blog 413
article thumbnail

An Entrepreneurial Society Needs an Entrepreneurial State

Harvard Business Review

Crucially, this will require public leadership, challenging the prevailing ideology which limits the role of public actors to simply de-risking or facilitating the real heroes — the private sector wealth creators, like risk-loving entrepreneurs — while waiting for the market to find solutions. billion in public support.

article thumbnail

How Freelancers Can Make Sure They Get Paid on Time

Harvard Business Review

Another tip: “Make sure you have the name and contact details of the person in finance with whom you’ll be dealing with,” says Pearce. “Don’t walk away, and don’t give up,” he says, “Work your way up the food chain and take it to the top” of the executive leadership if you need to.