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. ” Journal of Political Economy 126, no. ” Nature 600, no.

ROI 195
article thumbnail

Why You Should Make Time for Self-Reflection (Even If You Hate Doing It)

Harvard Business

Can’t see a good ROI. From early roles, leaders are taught to invest where they can generate a positive ROI — results that indicate the contribution of time, talent or money paid off. Sometimes it’s hard to see an immediate ROI on reflection — particularly when compared with other uses of a leader’s time.

ROI 134
Insiders

Sign Up for our Newsletter

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

article thumbnail

Social Media Platforms Can Be Built Around Quality, Not Scale

Harvard Business

Similarly, Facebook doesn’t specialize in purveying journalism, even though almost every news company posts articles on Facebook. ” Vanity metrics are methods of measuring ROI that make product-builders feel good (or make them look good to funders), but don’t ultimately lead to awesome products.

Media 128
article thumbnail

Think Strategically About Your Career Development

Harvard Business

“Planning sessions” seem amorphous, and the ROI is uncertain. Many professionals don’t seek this work out, as there’s no immediate ROI — but the long-term benefits and recognition are substantial. Force yourself to set aside time. Instead, force yourself to make time for strategic reflection.

article thumbnail

Simple Digital Technologies Can Reduce Health Care Costs

Harvard Business

Digital therapeutics are being increasingly validated in clinical trials published in peer-reviewed medical journals and are available or are being developed for most chronic diseases. Choose providers that focus on bottom-level metrics like ROI and health care spend; avoid providers that focus on top-level metrics like engagement.

Metrics 70
article thumbnail

Can Publishing Your Ideas Bring You Business?

Emerson Consulting Group

A 36,000% ROI Suggests It Can. And here’s another kicker: I initially met Henry the same way I had met Steve, via an article Henry published in Boston Business Journal. How would one compute an ROI for all that business? By Ken Lizotte CMC, Chief Imaginative Officer, emersongroup.

ROI 49
article thumbnail

How Are You Spending Your Social-Distancing “Vacation”?

Prudent Pedal

Restart my gratitude journal -This is a daily discipline like my blogging that has fallen off. Spend more time in prayer-A friend invited me to participate in a program called Exodus 90. The program requires a minimum of 60 minutes of prayer per day plus a lot more that is perfectly timed. I can’t think of a better time to start one.

Journal 71