Entries by StrategyDriven

Recommended Resource – Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage

Beyond Performance: How Great Organizations Build Ultimate Competitive Advantage by Scott Keller and Colin Price About the Reference In Beyond Performance, Scott Keller and Colin Price reveal that achieving organizational excellence is a combination of performance – the delivery of financial results – and health – the ability to perform year after year. Both are […]

StrategyDriven Welcomes Jeff Kortes

The StrategyDriven family is proud to introduce Jeff Kortes as our newest contributing author! Jeff Kortes is the President of Human Asset Management LLC, a human resources consulting firm which specializes in executive search, retention, engagement and front line leadership training. He is a ‘no nonsense,’ action oriented strategist that helps organizations acquire talent, engage […]

Alternative Selection Best Practice 4 – Technically Right and Absolutely Wrong

Executives and managers are rightfully concerned about the costs and potential returns associated with the investments before them. Subsequently, business planners painstakingly research, analyze, and calculate the financials associated with each initiative to be considered and present these and the associated risks to business leaders. To enable comparison, risks are also presented in monetary terms. The analysis is then aggregated in a cost-return matrix and a recommendation developed based on the organization’s available investment capital for those initiatives exceeding the business’s return on investment threshold. Technically, these recommendations appear very sound; realistically, they can be absolutely wrong for the organization.