article thumbnail

Why Businesses Fail | N2Growth Blog

N2Growth Blog

As a person that works with CEOs and entrepreneurs on a daily basis I can tell you with great certainty that all leaders are not created equal when it comes to the competency of their decisioning skills. Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs?

Blog 416
article thumbnail

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Assess : Put the idea through a risk/reward and cost/benefit analysis. I have seen and worked with several entrepreneurs and CEOs that jump on the fashion band wagon or immediately implement any idea that pops into their head with almost no analysis. mikemyatt: A leaders Intellect should not be a depreci.

Blog 413