A Twinkle In My Eye
Cost Versus Value Optimisation
Posted on Sat, 25 Aug 07 at 14:31 by Chris Matts into Real Option Articles
Many organisations optimise based on cost rather than value.
This leads to sub-optimal performance for the organisation overall. Consider the comment of the CEO of a very large multi-national… “We love off-shoring. When the project fails, we haven’t lost as much money.
