HR Digest

MARCH 6, 2020

The goal of any cost-cutting exercise should be to eliminate any task whose cost of doing it exceeds the business value it provides. Identify the gaps, audit the tasks, do a cost-benefit analysis, count the impact, and then only implement.

Cost 96

Cost Outsourcing Cost-Benefit Analysis Efficiency 96

Marshall Goldsmith

DECEMBER 29, 2016

Don’t assume that executives can automatically ‘make the connection’ between the benefit to your unit and the benefit to the larger corporation. 4) Present a realistic cost-benefit analysis of your ideas–don’t just sell benefits. Be prepared to have a realistic discussion of the costs of your idea.

Power 96

Power Cost-Benefit Analysis Ethics Video 96

Marshall Goldsmith

SEPTEMBER 26, 2012

There’s a fine line between being competitive and overly competitive, between winning when it counts and when no one’s counting-and successful people cross that line with alarming frequency. Think about how we perceive other successful people. We rarely associate their success with technical skill or brainpower.

Skills 114

Skills CFO Cost-Benefit Analysis Welch 114

Marshall Goldsmith

MARCH 1, 2011

The reason I devote so much energy to identifying interpersonal challenges in successful people is because the higher you go, the more your problems are behavioral. Think about how we perceive other successful people. We rarely associate their success with technical skill or brainpower. None of this is taught in medical school.

Skills 123

Skills CFO Cost-Benefit Analysis Welch 123

N2Growth Blog

JANUARY 13, 2011

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 384

Blog Innovation Strategic Planning Brand 384

N2Growth Blog

OCTOBER 18, 2010

While most successful leaders subscribe to this theory, the real question in not whether you should seek counsel, but in fact where, and how much counsel you should seek. Conduct a Cost/Benefit Analysis : Do the potential benefits derived from the decision justify the expected costs?

Blog 396

Blog Analysis CEO Brand 396

Marshall Goldsmith

FEBRUARY 22, 2011

Present a realistic cost-benefit analysis of your ideas--don't just sell benefits. Successful people love getting ideas aimed at helping them achieve their goals for the future. People become more annoyed with you for having to be 'right' on trivia than your need to be right on important business points.

Influence 135

Influence Ethics Cost-Benefit Analysis Guidelines 135

Skip Prichard

AUGUST 25, 2019

We try to help leaders make a very rational cost/benefit analysis about what clinging to the raft is costing them. Mid-managers don’t root for each other’s success or play to win as a team. (DO). Everyone is psychologically attached to their rafts. That often creates the motivation to change. Used by Permission.

Competitive Advantage 92

Competitive Advantage Leadership Analysis Tips 92

Marshall Goldsmith

APRIL 5, 2011

Present a realistic “cost-benefit” analysis of your ideas – don’t just sell benefits. Successful people love getting ideas aimed at helping them achieve their goals for the future. You are paid to do what makes a difference and to win on important issues. Every organization has limited resources, time and energy.

Influence 139

Influence Drucker Guidelines Ethics 139

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? Finding the type of gatherings that work for you will make your networking much more successful — and more enjoyable. Rate the likelihood of connecting.

Cost-Benefit Analysis 21

Cost-Benefit Analysis Conference Follow-up Planning 21

Harvard Business Review

MARCH 4, 2014

Tim seemed to have unconscious feelings of guilt about his success. I discovered that he was consumed by the idea (crazy as it may sound) that his being too successful would upset his father, who had repeatedly failed in his business endeavors and had become embittered by it. For example, how did he envision success?

Cost-Benefit Analysis 9

Cost-Benefit Analysis Pharmaceuticals CEO Sports 9

Harvard Business Review

FEBRUARY 14, 2017

But according to the World Bank , only 30% of youth employment programs are successful, with many of those offering only marginal benefit. That requires successful training programs, which means we need to know which ones work. Many measure cost per student. And most programs have no positive effect at all.

Metrics 11

Metrics TCO Training Cost-Benefit Analysis 11

CO2

JUNE 29, 2010

RSS Feed Schedule a Call Free E-Book Assessment Test Coffee Schedule Coaching Lunch About Us CO2 Story Our Approach Our Successes Our Executive Coaches Gary B. The more people develop leadership and followership skills, the more successful they will be. Followers Get Things Done Better followership often begets better leadership.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Harvard Business Review

APRIL 27, 2016

The reason is straightforward: You will have less time to be successful in your second career and therefore you will need to establish your reputation quickly. 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

FEBRUARY 27, 2012

Roodman does find, though, that the while microcredit isn't a successful approach to poverty reduction, "it's not the financial equivalent of cigarettes." To make a judgment, a comparative cost-benefit analysis would be necessary. That's comforting. I left the discussion feeling defeated and fearful.

Microfinance 13

Microfinance Due Diligence Cost-Benefit Analysis Industry 13

Harvard Business Review

MARCH 28, 2017

Do a cost/benefit analysis. Add a moral quote, such as “Success without honor is worse than fraud,” to your email signature line or in a framed print on your desk. 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.

Morale 8

Morale Cost-Benefit Analysis Document CEO 8

Harvard Business Review

AUGUST 15, 2017

“Mostly it’s a cost-benefit analysis” that involves calculating the amount that’s owed you, your odds of success, and the hassle of hiring — and paying for — a lawyer, says Pearce. It’s not a straightforward decision, however.

Long-term 8

Long-term Follow-up Project Due Diligence 8

Harvard Business Review

NOVEMBER 2, 2017

Arguably, it was a time when the country was poised for economic success. A fact-based cost-benefit analysis is essential. Mint/Getty Images. Almost a year ago, the Indian government rolled out an unprecedented policy move. All policies have a stated objective of providing a public good.

Policies 8

Policies Banking Short-term GDP 8

Harvard Business Review

OCTOBER 25, 2016

These kinds of direct investments are more successful at generating new private investment than the same money spent through indirect measures like tax credits. Static cost-benefit analysis cannot capture the transformative impact of strategic, market-creating public investments. Third, assessment.

Venture Capitalist 8

Venture Capitalist Cost-Benefit Analysis Policies Drucker 8