Cost Per Reasonable Decision (CPRD)
▻https://hackernoon.com/cost-per-reasonable-decision-cprd-ed1ca8c6147?source=rss----3a8144eabfe3
Note: With the arrival of my son, I’m slowing down on the blogging. Give me a couple months (or more sleepless nights), and I’ll be back it.What is your Cost Per Reasonable Decision (CPRD) ? What is your Reasonable Decision Throughput (RDT) ?Consider the costs: the email threads, the 1:1s, the small meetings, the large meetings, the meeting prep, the mockups and samples prepared, the time spent communicating the decision, the meetings to rehash the decision (and correct the misunderstandings caused by having so many people involved)…and the opportunity costs of all that time/energy that could be spent elsewhere.I asked a couple folks to estimate the direct cost of some recent decisions in their companies. The results ranged from $25 to $5,000,000 (not including opportunity costs).But this (...)