Prepare – Make that big-ticket investment decision

Here is a good reference from McKinsey & Co. …

What are some of your concerns?

Preparing to make big-ticket investment decisions

When the stakes couldn’t be higher, the quality of the decision making can make all the difference. Process improvements can help.

July 2014 | byMichael Birshan, Ishaan Nangia, and Felix Wenger

Few decisions in an executive’s career are as complex or sensitive as a multibillion-dollar investment with a payback timetable that can stretch on for decades. The right call can positively transform a company’s value. The wrong one can damage the company’s share price, draw public criticism, and perhaps even cost responsible managers their jobs.

see the link …


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