Leaders face the difficult challenge of selecting those few operational activities their organization will pursue from the multitude that are proposed every planning cycle. In order to make these decisions, they need detailed assessments of the costs, benefits, and risks associated with each proposed initiative; including both ongoing operational and newly proposed activities.
Providing leaders with the information needed to make the best investment selections for the organization is a daunting task. Information provided must be complete, unbiased, comparative. Analyses must consider quantitative factors as well as the qualitative aspects of each option. And almost unreasonably, planners will be asked to make predictions about the organization’s and marketplace’s future.
The StrategyDriven Alternative Development Forum focuses on the key principles and practices of developing high quality business cases from which organizational investment decisions can be made. Subscribing to this forum provides access to its principles, best practices, and warning flags articles and associated documents.