Analyzing Investment Decisions
Making significant investment decisions means we must allocate substantial amounts of major resources of people, time, technology, intellectual capital, and, of course, money.
A high-quality decision process requires that our:
- choices are doable and well formulated,
- consequences are understood and well explored,
- preferences are included when comparing the full array of costs and benefits of proposed decisions, and
- actions taken are focused on getting results.
We want the best decisions to be made for any and all investment opportunities, such as:
- research to create technical breakthroughs that lead to new products and services,
- development to improve and update existing technology,
- timely capital allocations for new manufacturing plants and equipment,
- marketing programs for the growth of both existing and new businesses, and
- human resource development of new talent and better organizational structures.