Prioritizing Strategies for Implementation
Sometimes a team may come up with many strategies that pass the risk-benefit test. It may be tempting to dive into implementing all the strategies at once. Be careful about biting off more than you can chew. In reality, most people already have their corporate plates full. I’ve found, from experience, that three or four strategies at a time are about as much as one team can handle. When prioritizing strategies for implementation it would seem obvious to take on those that show the maximum monetary benefit but that is not necessarily the best way to proceed. I’ve noticed that many managers seem to focus on short-term results. After all, that’s how they are measured. So, be sensitive to the corporate ...
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