Advisor

The Mythical Business Case -- Part 1: The Limits of Rational Decisions

Posted March 8, 2006 | Leadership |

Building a business case is a necessary prerequisite in supporting any major investment decision. Building the business model, calculating costs and quantifying benefits, analyzing cash flow over time, and calculating financial indicators, such as net present value, internal rate of return, return on investment (ROI), or whatever else is required for getting the management approval, are essential parts of "investment engineering." This is the kind of discipline that creates informed and responsible spending decisions, right?

About The Author
Borys Stokalski
Borys Stokalski, a member of Arthur D. Little's AMP open consulting network, and partner in the digital business design studio RETHINK, is a seasoned advisor, manager, and investor with over 25 years of experience in building and managing one of the leading consulting and IT solution implementation companies on the Polish market, recently acquired by a European Top 10 software integrator. Today, Mr. Stokalski remains an active advisor and… Read More
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