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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 413
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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Decisions made at the gut instinct or data level can be made quickly, but offer a higher level of risk. 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. What would your family think of your decision?

Blog 416