Imagine for a moment that you want to implement a new sales initiative that you think will transform your business. The problem is, you're not too sure if it'd work. You decide, prudently, that maybe a pilot test would be good: let's roll out the initiative to just a small subset of the company, the... Continue Reading →
How to make better decisions using Opportunity Cost
The cynic knows the price of everything and the value of nothing. -- Oscar Wilde Opportunity cost can help you make better decisions because it helps put your decisions in context. Costs and benefits are framed in terms of what is most important to you at the time of the decision. Every time we make... Continue Reading →
Donn, fragments 