Making Better Business Decisions

Making Better Business Decisions provides a toolkit for understanding the case for a new project, product, service, business change, or other investment of resources, with different elements such as strategic, economic, commercial, financial, and management cases. It is essential for businesses to have a consistent and reliable basis for making decisions faster in the face of increasing complexity and accelerating change.

Format: Paperback / softback
Length: 144 pages
Publication date: 01 January 2021
Publisher: Taylor & Francis Ltd

Making Better Business Decisions provides a comprehensive toolkit for understanding the case for new projects, products, services, business changes, or other resource investments. While the term "business case" is widely recognized, its interpretation can vary significantly across organizations due to contextual and cultural differences. Stefan Sanchez and Alan Brown delve into the various components of a business case, providing a detailed breakdown of what should be included. The strategic case focuses on the rationale for investing and the desired outcomes, while the economic case explores the available choices and their assessment to identify a suitable solution. The commercial case addresses delivery partners and the associated deal, while the financial case examines affordability and funding sources. Lastly, the management case covers governance, approval, and delivery management. In today's complex business landscape, characterized by increasing complexity and rapid change, businesses require a consistent and dependable framework for making timely decisions. Making Better Business Decisions offers a solution to this challenge by providing a structured approach to developing business cases.

Dimension: 234 x 156 (mm)
ISBN-13: 9781472485687