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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. Disruptive innovation is rarely raw genius that bubbles-up, but rather the culmination of several things: a sound idea, vetted through great process, refined by innovative application and brought to market by outstanding leadership. Thanks David.

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

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? What would your family think of your decision?

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Are College Degree Still Valuable?

The Horizons Tracker

Our cost-benefit analysis finds that on average a college degree offers better returns than the stock market,” the researchers explain. So, despite concerns, the study suggests that, for most people, investing in a college education still pays off in the long run.

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HR Cost Cutting Measures to Trim the Fluff

HR Digest

Use technology to do the tasks— online marketing, cutting client interactions, face to face meetings through teleconference and email. The goal of any cost-cutting exercise should be to eliminate any task whose cost of doing it exceeds the business value it provides. Cut down on duplication of processes.

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We Want To Retain Control, Even When Using AI To Make Decisions

The Horizons Tracker

The study involved over 1,000 participants who were presented with a series of scenarios pertaining to online dating and stock market investments. This suggests that people are not necessarily afraid of algorithms, but that for many people, this is yet another cost-benefit analysis.”

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Learning from Microfinance's Woes

Harvard Business Review

To make a judgment, a comparative cost-benefit analysis would be necessary. And we couldn't throw in the benefit of poverty-reduction as a mitigating factor since that doesn't seem to be happening. I left the discussion feeling defeated and fearful.

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Should You Offer Different Prices for Cash and Credit?

Harvard Business Review

This is part of the HBR Insight Center Marketing That Works. While the outcome of a cost-benefit analysis on offering lower cash (vs. I use my credit card to pay for everything. Regardless of whether I am buying a $2,000 washer/dryer set or a $4 latte at Starbucks, I never use cash.

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