Chapter 10. Develop Multiple Migration Paths
Even though you started this book by considering a framework to identify multiple options, the bulk of this book deals with choosing one of the options that promises the least risk adjusted return, and then developing tactics (capabilities) to implement this option with the least risk. This assumes you have to commit to an option before you start implementing the strategy. However, in many situations, you can reduce risks even further by not making this commitment unless you absolutely have to. If this is possible, the actual risks and returns in each of these options can be better assessed as more information is obtained in the future. Other issues exist as well. Your firm may have to decide on taking ...
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