by Somik Raha | Oct 14, 2011 | Professional Development
A short Tornado diagram tutorial SmartOrg presents a short tutorial on how to create a tornado diagram using a simple product development example of measuring profit. An important use of the tornado diagram is to help debug our model and also question our...
by Somik Raha | Oct 14, 2011 | Innovation Management, ValuePoint™
When making decisions in organizations, we waste a lot of time chasing things that don’t matter. Sometimes, we even get into shouting matches over what’s most important. To make matters worse, we can often get into analysis paralysis, unable to move the ball forward....
by Don Creswell | Oct 12, 2011 | Strategy
Interesting observation by Judith Hurwitz (HBR Blog Network 4 Oct 2011 (Can HP Change its DNA?): “… when software is delivered to the market, it may take a year or even several years before it becomes a well-accepted and profitable endeavor. But that time investment...
by Don Creswell | Aug 10, 2011 | Strategic Portfolio Management
I was re-reading David and Jim Matheson’s best-selling Harvard Business School Press book, “The Smart Organization: Creating Value through Strategic R&D” and came across this great story provided by Dr. Arno Penzias a former chief scientist at AT&T Bell...
by Peter McNamee | Nov 19, 2010 | Professional Development
By John Celona and Peter McNamee NEW FOURTH EDITION. Decision Analysis has, for decades, been the most powerful method available for making decisions under conditions of uncertainty, e.g., new business strategies and new product launches. For orders of 10 or fewer...