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Transparent ROITM - An Operational Discussion for Managing Products
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Powerpoint Overview
Decision Management Evolves
- Change Is Necessary for Business Growth
- Leadership is about managing change; taking risk
- Management is about managing complexity; minimizing risk
- Need to Manage Future Value / Wealth
- While including revenue and initial cost, analysis must key an eye on long term commitments, support implications, etc…
- Mode of managing change, changes!
- Information Processes Must be Adaptable
- Relevant information is key to making effective decisions
- Good information will lead to good decisions, and poor information can be disastrous
Stakeholders Require Clear Info
- Need to Create a Unifying Language
- Across all stakeholders’ point of view, motivation and lexicon
- To articulate revenue and investment tradeoff assumptions (Return on Investment – ROI)
- Revolves around iterative return analysis across all stakeholder investments
- Transparency is Key to Unifying Stakeholders
- To make decisions from all supporting information
- Understanding the range of impacts and likely results
- To make timely and more successful investment decisions
Transparent ROITM
"A new way to track & dimensionalize information + put it back together into the decision management process."