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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 396
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How Freelancers Can Make Sure They Get Paid on Time

Harvard Business Review

“Before you respond to a request or knock on a door in a marketing capacity, you need to establish that the company can pay you and will pay you,” he says. Before you start working on an assignment, you need a contract that lays out the scope of the project , the payment terms, and enumerates the expectations for both sides.

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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. We'll have to agree to disagree on this one. Thanks David.

Blog 384
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How to Avoid Collaboration Fatigue

Harvard Business Review

Round and round the project goes — when, where, and how somebody will decide, nobody knows. For example, when your team inevitably has to choose between the lowest cost solution and the speed-enhancing solution for the supply chain, which objective wins? And then… nothing happens. So more information is gathered.

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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? 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. Another indication of the speed and extent of dominance is market cap.