Remove Career Remove Cost-Benefit Analysis Remove Management Remove Marketing
article thumbnail

Why Businesses Fail | N2Growth Blog

N2Growth Blog

Decisioning at the information level affords a higher degree of risk management, but are still not as safe as those decisions based upon actionable knowledge. Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs?

Blog 386
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. Leaving a Stable Job to Create Your Dream Career.

Career 8
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Skills Gap That's Slowing Down Your Career

Harvard Business Review

Career speed bumps (much like their counterparts in the road ) can take you by surprise. Take not having the right credentials, one common career speed bump. It's easy to ignore if you are speeding along in your career with the same employer, but suddenly losing your job can send you careening out of control.

Career 8
article thumbnail

A Better Metric for the Value of a Worker Training Program

Harvard Business Review

In a dynamic economy workers are expected to adapt, to change not just jobs but sometimes careers, to pick up new skills when necessary. If a program has a low cost per student but fails to actually help people forge a solid career, then the fact that the failure is cheap does not make it any less of a failure.

Metrics 11
article thumbnail

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

My advice to you is not to let your business get caught up in embracing random ideas – at least not without some initial analysis being conducted to determine the likelihood of success. Assess : Put the idea through a risk/reward and cost/benefit analysis. Failed initiatives are costly at several levels.

Blog 373
article thumbnail

How Freelancers Can Make Sure They Get Paid on Time

Harvard Business Review

One of the most stressful things about being self-employed is managing your cash flow. Over 70% of freelancers have trouble getting paid at some point in their careers, according to research by the Freelancers Union , the non-profit group, that promotes the interests of independent workers. This requires due diligence, says Younger.

article thumbnail

5 Characteristics of Digital Giants that Enable Domination

Skip Prichard

How do you become a market leader in the midst of rapid change? You predict that we will have only 100 dominant players in 50 markets by 2050. In fact, many of their leaders have forgotten how they got there – mission, talent, offering, and markets. Another indication of the speed and extent of dominance is market cap.