Skip Prichard

JULY 26, 2021

This enables competition and removes barriers to entry by lower switching costs. Apply a cost benefit analysis. A true cost benefit analysis should be conducted to see if consumers have been harmed. “Companies win by getting bigger and ultimately dominating industries.”

Disintermediation 130

Disintermediation Long-term Short-term Cost-Benefit Analysis 130

The Horizons Tracker

AUGUST 14, 2022

Data was also recorded on the cost of each intervention to allow a cost-benefit analysis to be performed. These factors were measured initially before the interventions and then again 6 and 18 months after the intervention. Promising results.

Globalization 111

Globalization Cost-Benefit Analysis Cost Long-term 111

The Horizons Tracker

JANUARY 31, 2021

And these may result in reward-driven learning in some and cost-driven learning in others.” ” The researchers found that older mice experienced lower engagement in this type of cost-benefit analysis, with lower striosomal activity than their younger peers.

Cost-Benefit Analysis 126

Cost-Benefit Analysis Learning-by-Doing Entrepreneur Cost 126

Leading Blog

NOVEMBER 23, 2018

What’s best for me or what’s best for the greater good or some other cost-benefit analysis. With the decision mapped, the options identified, and the scenarios panned, it’s time to decide. Making a decision is the final step. How do we decide?

Cost-Benefit Analysis 282

Cost-Benefit Analysis Scenario Planning Storytelling Objective 282

Great Leadership By Dan

SEPTEMBER 19, 2019

The benefits are higher revenue, greater profits, and bonuses. The costs are largely unknown because it is unclear whether any defects exist and, if so, how they might affect the customer. This uncertainty is why cost-benefit analysis is problematic. Deontology.

Ethics 196

Ethics COO Morale Chief Operating Officer 196

The Horizons Tracker

OCTOBER 8, 2019

The model developed by the team enabled them to test the impact of upgrading to a greener fleet, and therefore provide a cost/benefit analysis to planners and the Utah Transit Authority (UTA). “This is how much less we can pollute.'” ”

Transportation 64

Transportation Cost-Benefit Analysis Travel Analysis 64

HR Digest

MARCH 6, 2020

The goal of any cost-cutting exercise should be to eliminate any task whose cost of doing it exceeds the business value it provides. Identify the gaps, audit the tasks, do a cost-benefit analysis, count the impact, and then only implement.

Cost 96

Cost Outsourcing Cost-Benefit Analysis Learning-by-Doing 96

Great Leadership By Dan

JUNE 14, 2018

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. He wrote an honest article about his experience years later, after he became a business school professor.

Ethics 197

Ethics Maturity Consensus Analysis 197

Lead Change Blog

AUGUST 27, 2015

Instead of presenting a cost-benefit analysis to Sally, clearly spelling out that she is costing the organization more than the value she is delivering, they transfer her from team to team or adjust her role, somehow hoping for better results. Unfortunately, many organizations hang on to people like Sally far too long.

Training 150

Training Cost-Benefit Analysis Morale Team 150

Lead Change Blog

JULY 19, 2017

If you did a cost-benefit analysis on some of the items on our shelves, you’d see the demand is way too low to make these items profitable,” says owner Gary Meschi. The all-purpose grocery store very effectively competes with nearby food giants, H-E-B and Wal-Mart.

Learning-by-Doing 233

Learning-by-Doing Cost-Benefit Analysis Follow-up Mentor 233

Strategy Driven

AUGUST 8, 2023

Additionally, the cost-effectiveness of outsourcing largely depends on the quality of the service provider. It is crucial to conduct a thorough cost-benefit analysis before deciding whether to manage your fleet in-house or outsource it.

Productivity 109

Productivity Products Outsourcing Efficiency 109

Mills Scofield

JANUARY 22, 2012

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.

Outsourcing 114

Outsourcing Insourcing Innovation Cost-Benefit Analysis 114

Marshall Goldsmith

DECEMBER 29, 2016

Don’t assume that executives can automatically ‘make the connection’ between the benefit to your unit and the benefit to the larger corporation. 4) Present a realistic cost-benefit analysis of your ideas–don’t just sell benefits. Be prepared to have a realistic discussion of the costs of your idea.

Power 96

Power Cost-Benefit Analysis Ethics Situational Leadership 96

Marshall Goldsmith

NOVEMBER 26, 2010

The best that you can do as a leader is to gather all of the information that you can (in a timely manner), do a cost-benefit analysis of potential options, use your best judgment. There are never right or wrong answers to complex business decisions. and then go for it. Learn to live with failure.

Seminar 130

Seminar Cost-Benefit Analysis Learning-by-Doing Books 130

The Recovering Engineer

JULY 29, 2010

The decision was to do a “cost-benefit analysis&# of our new situation. do your “cost-benefit analysis&# and choose one of these options: Take It Accept the change with all of its good and bad components, and realize that it is your choice to stay. Did it offer us more positive or more negative?

Cost-Benefit Analysis 114

Cost-Benefit Analysis Workshop Learning-by-Doing Self-aware 114

N2Growth Blog

OCTOBER 18, 2010

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?

Blog 353

Blog Leadership CEO Analysis 353

Marshall Goldsmith

FEBRUARY 22, 2011

Present a realistic cost-benefit analysis of your ideas--don't just sell benefits. People become more annoyed with you for having to be 'right' on trivia than your need to be right on important business points. You are paid to do what makes a difference and to win on important issues.

Influence 135

Influence Ethics Learning-by-Doing Cost-Benefit Analysis 135

N2Growth Blog

JANUARY 13, 2011

Assess : Put the idea through a risk/reward and cost/benefit analysis. Alignment : Any new idea should preferably add value to existing initiatives, and if not, it should show a significant enough return on investment to justify the dilutive effect of not keeping the main thing the main thing.

Innovation 341

Innovation Blog Strategic Planning Leadership 341

Skip Prichard

AUGUST 25, 2019

We try to help leaders make a very rational cost/benefit analysis about what clinging to the raft is costing them. Or, even better, we encourage them to give others’ explicit jurisdiction to share feedback, including tough feedback on the rafts they’re carrying. Everyone is psychologically attached to their rafts.

Leadership 91

Leadership Competitive Advantage Learning-by-Doing Tips 91

Marshall Goldsmith

APRIL 5, 2011

Present a realistic “cost-benefit” analysis of your ideas – don’t just sell benefits. You are paid to do what makes a difference and to win on important issues. You are not paid to win arguments on the relative quality of athletic teams. Every organization has limited resources, time and energy.

Influence 139

Influence Drucker Ethics Learning-by-Doing 139

Harvard Business Review

AUGUST 15, 2014

Every networking event should be subjected to a cost-benefit analysis: if you weren’t here, what would you be doing, instead? I now stack the deck in my favor by refusing any meetings before 8 am or after 9 pm. Rate the likelihood of connecting.

Cost-Benefit Analysis 22

Cost-Benefit Analysis Conference Follow-up Career 22

Harvard Business Review

JULY 10, 2014

These decisions require a shared strategic direction, not an on-demand cost/benefit analysis. Should the new product address the needs of a premium customer segment, or be a market disruption aimed at attracting non-consumers? So before you begin, make sure everyone is crystal clear about the primary strategic objective.

Supply Chain 14

Supply Chain How To Cost-Benefit Analysis Objective 14

Harvard Business Review

FEBRUARY 23, 2012

Michael Porter's article in the March issue of HBR on choosing the United States makes the point that in choosing where to locate even high value-adding business activities, many companies don't do a very thorough costs/benefits analysis.

Benchmarking 14

Benchmarking Cost-Benefit Analysis Porter Analysis 14

Harvard Business Review

JULY 27, 2011

While the outcome of a cost-benefit analysis on offering lower cash (vs. Just as important, consumers aren't limited to spending what's in their wallet. Accepting credit cards can result in higher discretionary purchases.

Price 11

Price Discount Cost-Benefit Analysis Airlines 11

Harvard Business Review

DECEMBER 30, 2013

Is it cost competitive? Using standard cost-benefit analysis, the study compared some natural solutions to more traditional infrastructure investments. But is this kind of green infrastructure approach generally as effective?

CAPEX 12

CAPEX Cost-Benefit Analysis Construction Cost 12

Harvard Business Review

FEBRUARY 14, 2017

Conducting an accurate cost-benefit analysis requires a holistic approach, one that incorporates costs and job placement and also accounts for how participants are doing after they leave the program. We need to adopt something similar to a “total cost of ownership” (TCO) analysis.

Metrics 13

Metrics Training TCO Cost-Benefit Analysis 13

Harvard Business Review

NOVEMBER 28, 2012

If your speed bump is a lack of the right skills, it helps to first do a quick cost/benefit analysis to see if investing in an upgrade will be worth it. But excuses like those don't matter in tight job markets where there are plenty of people out there looking for jobs — and with the right credentials for those jobs.

Career 9

Career Skills Cost-Benefit Analysis Human Resources 9

Harvard Business Review

SEPTEMBER 29, 2016

For policy makers, the evidence changes the cost-benefit analysis of environmental regulation and suggests that prioritizing industrial expansion over environmental protection may actually undermine economic growth. All of this might really matter for the economy as a whole.

Productivity 8

Productivity Products Cost-Benefit Analysis Call Center 8

Harvard Business Review

APRIL 27, 2016

Since they are starting “late,” they believe they should do a cost benefit analysis to see if their reorientation is “worth it.” If you only included financial costs and benefits, your analysis is flawed. ” This is a logical question that indeed should be asked.

Career 8

Career Cost-Benefit Analysis Learning-by-Doing Consultative 8

Harvard Business Review

MARCH 4, 2014

Could he do a “cost-benefit analysis” of what it meant to be successful? What he found particularly helpful was being asked questions that challenged his internal narrative of success. For example, how did he envision success? Tim was lucky; he got a second chance at another company.

Cost-Benefit Analysis 10

Cost-Benefit Analysis Succession CEO Pharmaceuticals 10

Harvard Business Review

FEBRUARY 27, 2012

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.

Microfinance 14

Microfinance Due Diligence Cost-Benefit Analysis Positioning 14

Harvard Business Review

MAY 31, 2018

It will continue to be an avenue of professional advancement, and the opportunity to travel is often touted by companies as a benefit in their recruitment of talent. But the accumulating evidence linking extensive business travel to chronic disease health risks needs to be factored into the cost-benefit analysis of the practice.

Travel 8

Travel Hotels Stress Presenteeism 8

Harvard Business Review

MARCH 28, 2017

Do a cost/benefit analysis. Breaks in trust are infuriating and hurtful, but they don’t entitle you to flame out, throw a fit, or stomp around rolling your eyes. Try to keep the steam from coming out of your ears. Reactive Actions. Once you spot deceit, you have to choose between the lesser of two evils.

Morale 8

Morale Cost-Benefit Analysis Learning-by-Doing CEO 8

Harvard Business Review

OCTOBER 25, 2016

Static cost-benefit analysis cannot capture the transformative impact of strategic, market-creating public investments. Talking about public organizations as mission-driven — not merely as facilitators for others — will also help in recruiting the talented people that visionary public organizations need.

Drucker 8

Drucker Venture Capitalist Entrepreneur Policies 8

Harvard Business Review

MARCH 13, 2012

it is relatively inexpensive, with current SwipeSense devices projected to cost only $1.50 SwipeSense presents three major advantages over existing hand sanitation solutions: 1.) it doesn't require clinicians to change their existing work habits; instead, it taps into their natural instinct for hand wiping, 2.)

Cost-Benefit Analysis 15

Cost-Benefit Analysis Compliance Innovation Project 15

Harvard Business Review

APRIL 8, 2013

And while our work quantifies some of the spatial consequences of investing in high speed rail, we cannot claim to have conducted a cost/benefit analysis of such irreversible investments. In the west, though, California is going ahead with its High Speed Rail.

Real Estate 10

Real Estate Cost-Benefit Analysis Training Decentralization 10

Strategy Driven

JUNE 14, 2011

Beginning with the end in mind, it is important for those developing business cases for the organization’s various ongoing operations and proposed initiative alternatives to do so in such a way that leaders can compare the cost and benefits of the proposed activities.

Cost 50

Cost Development Proposal Comparison 50