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Why Businesses Fail | N2Growth Blog

N2Growth Blog

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? How would your shareholders and employees feel about your decision?

Blog 416
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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Assess : Put the idea through a risk/reward and cost/benefit analysis. Be careful of high level, pie-in-the-sky projections. Simple : Whether the new idea is intended for your organization, vendors, suppliers, partners or customers it must easy to use.

Blog 413