Lead Change Blog

JULY 19, 2017

asked manager Butch Clarke of a loyal customer one day as the customer was picking up a print job. If you did a cost-benefit analysis on some of the items on our shelves, you’d see the demand is way too low to make these items profitable,” says owner Gary Meschi. Butch is famous for his unique ways of querying customers.

Cost-Benefit Analysis 233

Cost-Benefit Analysis Learning-by-Doing Follow-up Fashion 233

Lead Change Blog

AUGUST 27, 2015

Instead of presenting a cost-benefit analysis to Sally, clearly spelling out that she is costing the organization more than the value she is delivering, they transfer her from team to team or adjust her role, somehow hoping for better results. Unfortunately, many organizations hang on to people like Sally far too long.

Training 150

Training Cost-Benefit Analysis Morale Examples 150

Marshall Goldsmith

FEBRUARY 22, 2011

Although knowledge workers may know more about what they are doing than their managers do and have years of education and experience, they rarely know how to effectively influence up. To influence upper management and convert good ideas into meaningful action, follow these 10 guidelines: 1. Even the best of leaders are human.

Influence 135

Influence Ethics Cost-Benefit Analysis Guidelines 135

Marshall Goldsmith

DECEMBER 29, 2016

Here are 10 things that you can do to convince upper management to convert your good ideas into meaningful action: 1) When presenting ideas, realize that it is your responsibility to sell – not their responsibility to buy. 4) Present a realistic cost-benefit analysis of your ideas–don’t just sell benefits.

Power 96

Power Cost-Benefit Analysis Ethics Video 96

Marshall Goldsmith

APRIL 5, 2011

Knowledge workers can be defined as people who know more about what they are doing than their managers do. In some cases, these decision makers may be immediate or upper managers – in other cases they may be peers or cross-organizational colleagues. Present a realistic “cost-benefit” analysis of your ideas – don’t just sell benefits.

Influence 139

Influence Drucker Guidelines Ethics 139

Strategy Driven

AUGUST 8, 2023

Navigating the business landscape with a large fleet is a daunting task filled with countless challenges, from managing fuel expenses to ensuring timely maintenance. The audit should assess the effectiveness of your fleet’s management system. Having a trusted mechanic and tire shop can provide peace of mind.

Productivity 101

Productivity Products Outsourcing Efficiency 101

The Horizons Tracker

JANUARY 19, 2023

Health impact The models highlighted the financial benefits of reducing air pollution using the “value of a statistical life”, which is a commonly used metric used by the federal government when it performs a cost-benefit analysis.

Cost-Benefit Analysis 60

Cost-Benefit Analysis Cost Metrics Strategy 60

Skip Prichard

AUGUST 25, 2019

According to one former employee, “Management made it clear that no employee was allowed to complain about the unethical practices that were going on within the branch.”. We’re in the business of helping clients measure and manage culture. Mid-managers don’t root for each other’s success or play to win as a team. (DO).

Competitive Advantage 99

Competitive Advantage Leadership Tips Analysis 99

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

AUGUST 15, 2014

Every networking event should be subjected to a cost-benefit analysis: if you weren’t here, what would you be doing, instead? Career planning Managing yourself Networking' I now stack the deck in my favor by refusing any meetings before 8 am or after 9 pm. Rate the likelihood of connecting.

Cost-Benefit Analysis 22

Cost-Benefit Analysis Conference Follow-up Planning 22

Harvard Business Review

DECEMBER 30, 2013

But there are more subtle benefits: forests also clean our water and coastal wetlands and reefs provide natural defense from storms and floods. They can help us manage rainwater and wastewater. Is it cost competitive? Most obviously, we get all our food, minerals, and metals from the ground, and forests provide wood and oxygen.

CAPEX 13

CAPEX Cost-Benefit Analysis Construction Cost 13

Harvard Business Review

NOVEMBER 28, 2012

If your speed bump is a lack of the right skills, it helps to first do a quick cost/benefit analysis to see if investing in an upgrade will be worth it. If you are in Human Resources, you can improve your technical skills with the PHR and SPHR certifications offered by the Society for Human Resource Management.

Career 10

Career Skills Cost-Benefit Analysis Banking 10

Harvard Business Review

FEBRUARY 14, 2017

Conducting an accurate cost-benefit analysis requires a holistic approach, one that incorporates costs and job placement and also accounts for how participants are doing after they leave the program. We need to adopt something similar to a “total cost of ownership” (TCO) analysis.

Metrics 14

Metrics TCO Training Cost-Benefit Analysis 14

Harvard Business Review

MARCH 4, 2014

Could he do a “cost-benefit analysis” of what it meant to be successful? Coaching Managing yourself' What he found particularly helpful was being asked questions that challenged his internal narrative of success. For example, how did he envision success? Tim was lucky; he got a second chance at another company.

Cost-Benefit Analysis 11

Cost-Benefit Analysis Pharmaceuticals CEO Sports 11

Harvard Business Review

MARCH 13, 2013

Robin Hood, on the other hand, is a grant-making foundation created by hedge fund managers with a penchant for hard numbers. With a mission to fight poverty in New York City, the foundation puts each of its 200-plus grants through a cost-benefit analysis every year.

Long-term 11

Long-term Metrics Due Diligence Cost-Benefit Analysis 11

Harvard Business Review

SEPTEMBER 24, 2012

And yet, before working on Jim's piece, the cost-benefit analysis I'd done in my head (unscientific, not math-based, of course) suggested that whatever effort it took to gather and analyze the data probably wouldn't reveal anything new.

Cost-Benefit Analysis 11

Cost-Benefit Analysis Learning-by-Doing Productivity Products 11

Harvard Business Review

FEBRUARY 10, 2015

If businesses are to continue using personal data to create value for themselves and for their customers, they will need to manage it as carefully as they would money, in four key ways. Understand how regulation alters the data cost-benefit analysis. Manage brand reputation by engaging with data rating agencies.

Telecommunications 8

Telecommunications Cost-Benefit Analysis Reputation Survey 8

Harvard Business Review

APRIL 27, 2016

Technical support can become marketing; marketing can turn into human resources; back office managers move to the front office and the other way around. Since they are starting “late,” they believe they should do a cost benefit analysis to see if their reorientation is “worth it.”

Career 8

Career Cost-Benefit Analysis Analysis Consultative 8

Harvard Business Review

MAY 31, 2018

Employers can also provide their business travelers training in a variety of stress management approaches and sleep hygiene techniques. It will continue to be an avenue of professional advancement, and the opportunity to travel is often touted by companies as a benefit in their recruitment of talent.

Travel 8

Travel Hotels Stress Presenteeism 8

Harvard Business Review

AUGUST 5, 2015

Fran Melmed is the founder of context , a communication and change management consulting firm. However, look at these findings through the lens of a cost-benefit analysis. The costs associated with regularly participating in walking meetings are next to nil. Sounds like a recipe for a sedentary workday, right?

How To 8

How To Cost-Benefit Analysis Participative Bond 8

Harvard Business Review

MARCH 28, 2017

Do a cost/benefit analysis. Breaks in trust are infuriating and hurtful, but they don’t entitle you to flame out, throw a fit, or stomp around rolling your eyes. Try to keep the steam from coming out of your ears. Reactive Actions. Once you spot deceit, you have to choose between the lesser of two evils.

Morale 8

Morale Cost-Benefit Analysis Document CEO 8

Harvard Business Review

JULY 29, 2016

It’s all about rebalancing the cost-benefit analysis: make the benefits of action feel bigger, and the costs of action feel smaller. So the short-term effort easily dominates the long-term upside in our minds—an example of something that behavioral scientists call present bias.

How To 8

How To Short-term Cost-Benefit Analysis Long-term 8

Harvard Business Review

JULY 8, 2015

Such non-interventionism does not demonstrate a lack of courage, as some (mostly non-executives) would claim, but rather results from a rational cost-benefit analysis. But a discussion that wanders off track doesn’t qualify. Reason #3: The CEO doesn’t really want a structured agenda.

CEO 8

CEO Cost-Benefit Analysis Execution Proposal 8

Harvard Business Review

AUGUST 15, 2017

One of the most stressful things about being self-employed is managing your cash flow. This information helps you better manage your monthly cash flow. ” Milestone payments not only help you manage your cash flow, they are “also a tool for communication,” she says. Don’t: Work informally.

Long-term 8

Long-term Follow-up Project Due Diligence 8

Harvard Business Review

OCTOBER 19, 2018

For instance, a bisexual woman may come out to her immediate manager when she is first starting a job, but also later, when she meets new co-workers, other managers, or clients. Coming out is a constant cost-benefit analysis and requires weighing different risks. Coming out is actually a repetitive process.

Diversity 14

Diversity Policies Cost-Benefit Analysis Participative 14

Harvard Business Review

MAY 19, 2015

Business leaders are beginning to recognize that how people manage their emotions matters to their society’s economy. Some business schools are working to train future leaders in the management of feelings. A meta-analysis of 213 studies on a wide range of social and emotional learning programs showed similar findings.

Emotional Intelligence 8

Emotional Intelligence Development Cost-Benefit Analysis Education 8

Marshall Goldsmith

MARCH 1, 2011

Behavioral issues become so important in upper management. A moderately good accountant who is great with people outside the firm and skilled at managing smart people? If we do a 'cost benefit analysis,' we conclude that our relationship with our partner or friend is far more important than winning an argument about where to eat.

Skills 123

Skills CFO Cost-Benefit Analysis Welch 123

Marshall Goldsmith

SEPTEMBER 26, 2012

Behavioral issues become so important in upper management. A moderately good accountant who is great with people outside the firm and skilled at managing smart people? You don’t get to be the CFO without knowing how to count, how to read a balance sheet, and how to handle money prudently. Who would you rather have as a CFO?

Skills 114

Skills CFO Cost-Benefit Analysis Welch 114

Skip Prichard

JULY 26, 2021

As humans, we often make a decision a second but re quire weeks, months, and maybe even years for management approval. This enables competition and removes barriers to entry by lower switching costs. Apply a cost benefit analysis. This enables organizations to develop a competitive advantage.

Disintermediation 134

Disintermediation Cost-Benefit Analysis Short-term Long-term 134

Harvard Business Review

MARCH 29, 2011

Hence, it is hard to see justification for an additional penalty beyond the cost of foreclosing twice, which banks are paying according to state laws. As with any proposed regulation, the settlement should be subjected to a rigorous cost-benefit analysis. Singer is a Managing Director at Navigant Economics.

Banking 15

Banking Proposal Cost-Benefit Analysis Real Estate 15