Just Because You Can – Doesn’t Mean You Should
If the Costs of Non-Conformance (the R in ROI) is $2M and the Costs of Conformance are $10M (the I in ROI) – you should “Let it Go.”
Or if you can do a Performance Improvement Intervention for $4,000 – but the return is only $2,000 – take a pass. Or a $40,000 investment for a$20,000 return.
Sometimes the Costs of living with a problem – is preferable to addressing it.
From a financial standpoint.
It’s a Business Decision.
And there may be bigger fish to fry – so to speak. Better uses of the time, energy and all resources on something with a greater potential return.
Good Stewards of Shareholder Equity Don’t Squander It
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