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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
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The Skills Gap That's Slowing Down Your Career

Harvard Business Review

The same can be true if you are in an engineering job without the right credentials, or a senior finance job without an MBA or an advanced degree in finance. 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 8
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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
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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. “Before you respond to a request or knock on a door in a marketing capacity, you need to establish that the company can pay you and will pay you,” he says. This information helps you better manage your monthly cash flow.

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Will the Proposed Banking Settlement Have Unintended Consequences?

Harvard Business Review

Such a settlement must be carefully crafted if it is to avoid making the housing markets worse. An important part of that task is facing the true costs and consequences of a major new principal reduction program. As with any proposed regulation, the settlement should be subjected to a rigorous cost-benefit analysis.

Banking 13