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Rule of Thumb #1: Adopt a Portfolio Approach When Implementing Behavioral Science Initiatives

Steve Shu Consulting

While I will address return on investment (ROI) considerations in a future post, probably one of the first rules of thumb I have is to use some degree of portfolio thinking and management processes for implementing behavioral science initiatives. ” Journal of Political Economy 126, no. ” Nature 600, no.

ROI 195
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Avoiding Costly Business Mistakes With Consultants

Business Consulting Agency

Market Expansion Strategy: A tech startup engaged business consultants to devise a market expansion strategy. By implementing targeted cost-cutting measures and optimizing operational processes, the company achieved a 25% increase in profitability within a year.

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How to Stop Micro-Managing Your Team

Organizational Talent Consulting

It is a high ROI investment into your success and business growth. Strategy & Leadership, 48(6), 27-33. European Journal of Training and Development, 41(3), 241-260. Research suggests that mismatched management reduces morale, trust, and productivity and increases employee turnover. What is mismatched management?

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How Are You Spending Your Social-Distancing “Vacation”?

Prudent Pedal

Restart my gratitude journal -This is a daily discipline like my blogging that has fallen off. Search for: About the Author Jeff McKay Founder & CEO Prudent Pedal Jeff helps firms set smart growth strategies in motion. Spend more time in prayer-A friend invited me to participate in a program called Exodus 90. Learn more.

Journal 72
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Can Publishing Your Ideas Bring You Business?

Emerson Consulting Group

A 36,000% ROI Suggests It Can. Our competitors had taken a more conventional approach, offering primarily press releases and the occasional quote in a news story but not much in the way of a true thoughtleading strategy. How would one compute an ROI for all that business? Of course not, although you can see how it could.

ROI 49
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Business Valuation Lessons From ESOPs

Martinka Consulting

A well-run company rated a 5 out of six (a 20% ROI) is now an 8.33 (same rating percentage but now a 12% ROI). As I write this, according to the Wall Street Journal, the current PE ratio for the S&P 500 is 25.89. Using comparable sales of much larger firms will distort the value.

ROI 40
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Think Strategically About Your Career Development

Harvard Business

“Planning sessions” seem amorphous, and the ROI is uncertain. As I described in “A Campaign Strategy for Your Career,” one technique you can use is “pre-writing your resume.” 5 Strategy Questions Every Leader Should Make Time For. Force yourself to set aside time. You and Your Team Series.