Archive for September, 2009

What is a Good Business Decision?

A good decision resolves an issue or responds effectively to an event. A good decision considers those who must implement it. A good decision anticipates negative consequences and aims for a preponderance of benefits. A good decision does not require that everyone be happy with the result or agree with the decision-maker. A good decision [...]

Innovation as a Capability

Innovation is very much a capability in its own right. For an organization to be innovative, all aspects of a capability must be considered and must be well honed. And as the level of sophistication in the innovation capability increases, so does the value the organization reaps. Most people are at the “innovation as an [...]