Change is a math formula
January 12th, 2011From Alan Webber’s 52 Rules of Thumb:
“Change happens when the cost of the status quo is greater than the risk of change C(SQ)>R(C)
It’s that second part that sounds out to me, really looking at and investigating – what is the true cost of the status quo. What happens if you don’t move forward? Can you really live with that? Will your organisation survive if you don’t?
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Tags: change, cost, opportunity cost, status quo