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Developing a business case : expert solutions to everyday challenges.

Author: Harvard Business School. Press.
Publisher: Boston, Mass. : Harvard Business Review Press, ©2011.
Series: Pocket mentor series.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
To decide the best course of action for your company to take advantage of new opportunities, you must first develop a business case to explore multiple alternatives, then make a recommendation to support a particular option. In this book, you'll learn to:

Clearly define the opportunity.

Identify and analyze a range of alternatives.

Recommend one option and assess its risks.

Create a high-level implementation plan.

Communicate your case to key stakeholders.

Dr. June Paradise Maul is president of Advantage Value, a consulting and education company. She teaches executive development and graduate-level business and leadership programs on strategic planning, leadership, and decision making.

The Pocket Mentor series offers immediate solutions to common challenges managers face on the job every day. Each book in the series is packed with handy tools, self-tests, and real-life examples to help you identify your strengths and weaknesses and hone critical skills. Whether you're at your desk, in a meeting, or on the road, these portable guides enable you to tackle the daily demands of your work with greater speed, savvy, and effectiveness.  Read more...

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Details

Document Type: Book
All Authors / Contributors: Harvard Business School. Press.
ISBN: 9781422129760 1422129764
OCLC Number: 548569589
Description: xii, 102 p. : ill. ; 18 cm.
Contents: Mentor's Message: The Advantages of a Solid Business Case --
Developing a Business Case: The Basics --
What Is a Business Case? --
A preview of key facts about business cases --
Business case versus business plan --
When you should create a business case --
A complex document --
Seven steps to a business case --
Step 1. Define the Opportunity --
Tips for articulating the opportunity you want to pursue --
Identifying a problem or opportunity --
Developing an opportunity statement --
Identifying your business objectives --
Prioritizing your objectives --
Assigning metrics to your objectives --
Step 2. Identify the Alternatives --
Ideas for making sure you have many options to choose from --
Generating a list of options --
Gathering input --
Narrowing your choices --
Step 3. Gather Data and Estimate Time Frame --
Suggestions for obtaining crucial information about your opportunity --
Identifying the information you need --
Collecting the data --
Setting a time frame --
Documenting your estimates and assumptions --
Step 4. Analyze the Alternatives --
Recommendations for comparing all your alternatives --
Evaluating alternatives against your metrics --
Understanding common financial metrics --
Creating a framework for comparing alternatives --
Step 5. Make a Choice and Assess the Risk --
Advice for selecting a course of action and weighing its pros and cons --
Selecting the best solution --
Weighing the risks --
Deciding how to mitigate the risks --
Determining whether to modify your recommended course of action --
Step 6. Craft a Plan for Implementing Your Idea --
Tips for ensuring that your proposed alternative can be put into action --
Understanding the purpose of an implementation plan --
Listing your milestones --
Communicating with decision makers --
Identifying resources you'll need --
Clarifying responsibilities --
Indicating expected payoff --
Tracking your results --
Step 7. Communicate Your Case --
Techniques for presenting your case to decision makers --
Understanding your audience --
Using visuals to present your case --
Tips and Tools --
Tools for Developing a Business Case --
Worksheets for identifying alternatives, tracking implementation of your idea, ensuring that you've taken all the right steps for creating a business case, and documenting an actual business case --
Test Yourself --
A helpful review of concepts presented in this guide. Take it before and after you've read the guide, to see how much you've learned --
Answers to test questions --
To Learn More --
Further titles of articles and books if you want to go more deeply into the topic --
Sources for Developing a Business Case --
Notes --
For you to use as ideas come to mind.
Series Title: Pocket mentor series.

Abstract:

Provides a framework for building a business case. This book helps you learn how to: define the opportunity you want to address in your business case; identify and analyze a range of alternatives;  Read more...
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