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Strategic Due Diligence – Decisions are the ultimate leading indicators
In its most common usage, a leading indicator is defined as a metric that changes before the economy has changed, i.e. one that gives an advance notice of a change that is about to occur. Your decisions create your future. This is … Continue reading
Posted in Decision Concepts, Decision Driven Innovation, Decision Driven Product Development, Decision Driven Strategy
Tagged assumptions, business case, business plan, decision, decision baseline, decision pattern, decision quality, decision rationale, due diligence, entrepreneurs, investment, leading indicator, mentoring, operational excellence, operational performance, reverse engineer, roadmap, start-ups, strategic due diligence, strategic excellence, trends
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Criteria: Core Competencies
The Decision Driven® Strategy pattern includes 2 decisions that can be used to discern, evaluate and prioritize your organization’s core competencies. We separate core competencies into 2 classes: Process and Technology. Based on my experience, most businesses treat these capabilities as different, … Continue reading
Decision-a-week habit
My previous entry (The value of a decision) got me thinking further about the benefits of a decision-a-week habit. By that, I mean the proactive decision-making discipline of shining the light on one decision each week. This habit can help … Continue reading
The value of a decision
I’m often asked to justify why a specific decision is worthy of an hour or two of analysis time and effort. This is typically delivered as a form of pushback, “I would never spend that much time making a decision … Continue reading
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