article thumbnail

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.”. All the facts are never in.

Wilde 249
article thumbnail

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. The post How to Make the Business Case for Change appeared first on Lead Change.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ethics Is Serious Business

Great Leadership By Dan

But most of us are basically good people who are unsure how to navigate the treacherous ethical waters of modern work life. 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.

Ethics 197
article thumbnail

Why Businesses Fail | N2Growth Blog

N2Growth Blog

The first key in understanding how to make great decisions is learning how to synthesize the overwhelming amount incoming information leaders must deal with on a daily basis, while making the best decisions possible in a timely fashion. How would your shareholders and employees feel about your decision?

Blog 409
article thumbnail

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. With the experience of your first career to draw on, you should know what you enjoy and what you could learn to do. Career Transitions. How to Get the Most Out of an Informational Interview.

Career 8
article thumbnail

5 Leadership Signals that Turn Culture into Advantage

Skip Prichard

As many big organizations very deliberately move to more agile ways of working, leaders are finding that the controlling tendencies that helped bring them this far in their careers are less useful now. Their raft might be micromanaging what gets done and how it gets done. Everyone is psychologically attached to their rafts.

article thumbnail

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.