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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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If Data Is Money, Why Don’t Businesses Keep It Secure?

Harvard Business Review

Yet, unlike money, the market for personal data is relatively embryonic. 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. technology companies as much as $35 billion in potential business.

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A Better Metric for the Value of a Worker Training Program

Harvard Business Review

But according to the World Bank , only 30% of youth employment programs are successful, with many of those offering only marginal benefit. Yet workplace training is more necessary than ever, as technology and globalization continue to change the types of jobs that are available. And most programs have no positive effect at all.

Metrics 11
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Let's Be Realistic About Measuring Impact

Harvard Business Review

Its primary social metric is the number of lives reached in base-of-pyramid markets. Robin Hood, on the other hand, is a grant-making foundation created by hedge fund managers with a penchant for hard numbers. government agency makes grants to emerging market countries to reduce poverty through economic growth.

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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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5 Characteristics of Digital Giants that Enable Domination

Skip Prichard

How do you become a market leader in the midst of rapid change? and has studied emerging business and technology trends. You predict that we will have only 100 dominant players in 50 markets by 2050. In fact, many of their leaders have forgotten how they got there – mission, talent, offering, and markets.