The Lost Challenges - Tribute To Challenges: Tribute to Glen Campbell Showing 1-35 of 35
A Glimpse Into A Harvard Business School Case Study Class
Know When to Develop a Business Case
Below are the available bulk discount rates for each individual item when you purchase a certain amount. Publication Date: December 02, The Pocket Mentor series offers immediate solutions to the challenges managers face on the job every day. Each book in the series is packed with handy tools, self-tests, and real-life examples to help you identify strengths and weaknesses and hone critical skills. Whether you're at your desk, in a meeting, or on the road, these portable guides enable you to tackle the daily demands of your work with greater speed, savvy, and effectiveness. How do you decide the best course of action for your company to take advantage of new opportunities? You must develop a business case to explore multiple alternatives before making a recommendation to support a particular option.
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Preparing for Business Change
How to Analyze a Business Case Study
As a manager, you may spot opportunities to help your team, unit, or organization meet important business goals. You may feel pressure to propose a quick solution in order to seize the opportunity. But recommending an action without considering a range of alternatives is risky—and likely to be rejected by decision makers. Instead, prepare a business case: a document or presentation in which you compare multiple alternatives and propose a single course of action that creates the most value. Your goal when creating a business case is to help people decide whether to invest resources in your idea. While the terms business case and business plan are often confused, they address different business questions.
Every seasoned investor knows that detailed financial projections for a new company are an act of imagination. Nevertheless, most business plans pour far too much ink on the numbers—and far too little on the information that really matters. William Sahlman suggests that a great business plan is one that focuses on a series of questions. These questions relate to the four factors critical to the success of every new venture: the people, the opportunity, the context, and the possibilities for both risk and reward. The questions about people revolve around three issues: What do they know? Whom do they know? Then, in addition to demonstrating an understanding of the context in which their venture will operate, entrepreneurs should make clear how they will respond when that context inevitably changes.