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Alternative Development Best Practice 4 – Common Cost and Value Identifiers

Strategy Driven

Beginning with the end in mind, it is important for those developing business cases for the organization’s various ongoing operations and proposed initiative alternatives to do so in such a way that leaders can compare the cost and benefits of the proposed activities. That's only a small sample of this article.

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Alternative Selection – Introduction

Strategy Driven

Leaders face the difficult challenge of selecting those few operational activities their organization will pursue from the multitude that are proposed every planning cycle. That's only a small sample of this article. Selecting those activities the organization engages in requires a degree of both art and science.

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Alternative Development Best Practice 3 – Common Assumptions, Variables, and Calculational Methods

Strategy Driven

Business planning documents not only seek to communicate the organizational value of a particular ongoing operation, in-progress project, or proposed initiative, they also provide a comparative basis which decision-makers use to determine those activities the organization will pursue. That's only a small sample of this article.

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Design Thinking: A Guide to Creative Problem Solving for Everyone

Strategy Driven

But design thinking can also be applied to other business-related challenges such as devising entrepreneurial practice models, expanding professional services, operations, and even setting fees or pricing plans. The sample vignettes below, however, show how individuals apply design thinking to a very broad range of problems at varying scales.

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An Entrepreneur's Three Strategies To Outsmart the Quants

Harvard Business Review

As companies like this one grow from start-ups into larger enterprises, they're often compelled to analyze numerical data to reduce risk, maintain operations, and model predictable outcomes. Here are three strategies larger companies use to bring scrappy, entrepreneurial know-how into their established businesses.

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A Better Way to Set Strategic Priorities

Harvard Business Review

For example, it might be critical that a company wins a new order (which will be awarded on a given date) from a major customer, or gets a factory fully operational by a certain day. ” The organization, if it is operating rationally, should be willing to accept however much improvement it can get from that fixed investment.

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Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business Review

In such a system, employers protect workers from many of the vagaries of market forces; they take a longer-term perspective on firm performance, and favor corporate strategies that necessitate a stable, well-trained, and loyal workforce. There was also variation in whether these capital investments led to workforce reductions.