How to make decisions as a distributed team

The Coronavirus pandemic forced a lot of knowledge workers into a virtual working environment. At this point the organizations seem to have wholly embraced digital collaboration technologies, enabling a relatively smooth transition to a 100% remote work environment. Yet, we are still figuring out how to approach some situations in a remote environment – groupContinue reading “How to make decisions as a distributed team”

GOOD IDEAS OFTEN GO NOWHERE: HERE’S WHAT YOU CAN DO ABOUT IT

This article was written in collaboration with Larry Schmidt and Steve Schwartz of The Inovo Group – strategic innovation consultancy. At the beginning of 2021, Zoom Video Communications (Zoom) had a market capitalization of $116B. Zoom was the result of the inability of Cisco Systems (market cap $189B), to recognize a huge, new opportunity. Eric Yuan, theContinue reading “GOOD IDEAS OFTEN GO NOWHERE: HERE’S WHAT YOU CAN DO ABOUT IT”

How to reduce uncertainty in decision-making

In these unpredictable and fast-changing times, individuals and organizations have to make decisions within an unprecedented level of uncertainty. How will the aftermath of the pandemic and shift to remote work affect Amazon’s decision to build the second headquarters in DC? If you are a commercial real estate company, what do you do with yourContinue reading “How to reduce uncertainty in decision-making”

Frameworks for idea evaluation

There has been a lot written about how to “best” evaluate ideas in an innovation process. Practically every company working within or adjacent to the space of innovation has created some kind of framework they use to evaluate ideas. While it is not up to us to determine which particular framework works best, we canContinue reading “Frameworks for idea evaluation”

How to Use Grid Analysis for Idea Evaluation

Grid analysis (also known as Decision Matrix, Pugh Decision Matrix, Weighted Scorecard and others) is a framework for evaluating ideas and making decisions which uses a set of weighted criteria to rank the ideas. Each idea is evaluated against each criteria and assigned a score based on how well the idea satisfied that specific criteria.Continue reading “How to Use Grid Analysis for Idea Evaluation”