Remove 2018 Remove Development Remove ROI
article thumbnail

Rule of Thumb #1: Adopt a Portfolio Approach When Implementing Behavioral Science Initiatives

Steve Shu Consulting

While I will address return on investment (ROI) considerations in a future post, probably one of the first rules of thumb I have is to use some degree of portfolio thinking and management processes for implementing behavioral science initiatives. Develop behavioral intervention generation, vetting, and project portfolio management processes.

ROI 195
article thumbnail

Are We Sending the Right Message?

Markovitz Consulting

The latest issue of the Spring 2018 AME Target magazine excerpts some mind-boggling—and depressing—data from LNS Research about continuous improvement. As you can see in the chart below (copied from the magazine), fully 44% of responders said that ROI justifications are a key operational challenge in making improvements.

ROI 164
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Your Moonshot Can Learn from the Apollo Program

Harvard Business

Kennedy was clear from the outset that the real ROI for the lunar project would come from beating the Soviet Union in the space race. For these types of projects, develop them so that the returns don’t pay out only at the end. But each additional mission served to underscore U.S. return on its investment along the way.

article thumbnail

Why Companies Are Creating Their Own Coworking Spaces

Harvard Business

As of June 2018, corporate occupiers make up roughly one-quarter of WeWork’s members and revenues. In Grand Rapids, Michigan, for instance, Grid70 houses design, business innovation, and product development teams from a grocery chain, shoe retailer, and consumer goods manufacturer — no coding required.

Company 127
article thumbnail

How to Decide Which Data Science Projects to Pursue

Harvard Business

In 2018, every organization has a data strategy. In the mediocre strategy, one or two of these projects may even have a clear ROI for the business. In an excellent strategy, more data projects have worked out, and they were surprisingly cost-effective to develop. DNY59/Getty Images. But what makes a great one?

Data 114
article thumbnail

Healthcare Branding: The Need for a Strong & Unique Brand

Tom Spencer

Some factors that make this so difficult include regulatory restrictions, emphasis on ROI, and the increasing number of mergers and acquisitions. Consider some of the impacts branding can have: Provides direction for future product development. Develop Unique Customer Experiences. Builds trust. Attracts high end clinical talent.

article thumbnail

Success with the Internet of Things Requires More Than Chasing the Cool Factor

Harvard Business

Gartner recently estimated that through 2018 “80% of IoT implementations will squander transformational opportunities” and fail to monetize IoT data. This approach lets organizations aggregate best-of-breed technologies to develop cost-effective solutions that advance their goals. The essence of IoT is interconnectivity.

ROI 71