article thumbnail

How to Solve Our Wild Problems

Leading Blog

T HERE ARE PROBLEMS that can be solved by a simple cost-benefit analysis. Flourishing includes living and acting with integrity, virtue, purpose, meaning, dignity, and autonomy—aspects of life that are not just difficult to quantify but that you might put front and center, regardless of the cost.”. Sunk costs are sunk.

Wilde 258
article thumbnail

How to Make the Business Case for Change

Lead Change Blog

If future cost savings will fund the initiative, show the payback calculation. Provide a cost-benefit analysis. Include non-financial costs and benefits along with the financial ones. Learn to build a business case for your change initiatives. Define the problem. A lack of clarity slows it down.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do We Still Thirst For Knowledge As We Age?

The Horizons Tracker

Perhaps the most pernicious aspect of this ageism revolves around the notion that older people are less innovative and less able to learn new skills, especially surrounding new technologies. Research from the IZA Institute of Labor Economics also highlights how older people are just as capable of learning new things as their younger peers.

article thumbnail

The Leader as Witness

Lead Change Blog

It means I have a job to do and not just a label to wear.” Followers don’t learn what matters from conversation; they learn from observation. We can do the paperwork later.” . What kind of response do you think he got the next time he asked this customer for a suggestion? The word “witness” has a double meaning.

article thumbnail

HR Cost Cutting Measures to Trim the Fluff

HR Digest

Cutting costs is the oft-repeated phrase that companies are using to meet the downturn in the economy and the declining revenues and sales. For most, cost-cutting translates to job cuts in the organization. But there are other ways to tighten the belt and do operational budgeting. Do away with unnecessary costs.

Cost 96
article thumbnail

Ethics Is Serious Business

Great Leadership By Dan

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. They will respond to ethical reasoning and can learn to apply it themselves. It arrives in mature adulthood, if at all.

Ethics 197
article thumbnail

Intangible Loss of Outsourced Innovation

Mills Scofield

I’ve been thinking about the 2 nd , 3 rd order effects of outsourcing, especially now that some companies are either doing or seriously considering insourcing. I’ve wondered about the cost-benefit equation of in vs. outsourcing for a while. I agree with many who believe we learn by doing.