Prioritizing Opportunities

Bob

Bob Schultek
Author of
The Gauntlet

Promptly and efficiently evaluating multiple business opportunities can accelerate your reaction to them; move too slowly and the best opportunities may vanish.

Ask these three questions for each opportunity to prioritize the alternatives by potential strategic value produced for your business:

  1. What quantifiable benefits are produced if the opportunity is successfully exploited?
  2. How soon will these benefits be realized?
  3. How likely will identified obstacles be quickly overcome?
This prioritization will enable you to invest precious resources only on those opportunities that can drive growth, improve results and accelerate progress.

How promptly and efficiently does your organization assess opportunities?
 
How might these three questions accelerate your process and decision-making?

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