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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 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. 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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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 12
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Followership : Blog | Executive Coaching | CO2 Partners

CO2

In addition, because of the successive generations entering the workforce, rising education levels, globalization, the flattening of organizations, and an increased willingness to change careers and companies, employees have come to understand they can add more value doing meaningful work.