Business value · 01

Prioritise: choose priorities and accept compromises

Compare markets, investments or scenarios to prioritise constrained resources and document the compromises, assumptions and accepted risks.

Key points

What to remember

  1. 01

    Incompatible or competing options

  2. 02

    Resources that are genuinely constrained

  3. 03

    Explicit criteria and weightings

  4. 04

    The consequences of not choosing remain visible

01

Common strategic trade-offs

A leader may choose between markets, growth and profitability, speed and control, or immediate investment and a limited learning stage.

  • Invest, maintain or stop
  • Concentrate or diversify
  • Accelerate or experiment
  • Accept or reduce a dependency
02

The useful deliverable

The conclusion should explain the selected priority, rejected options, main compromise, accepted risk and the assumption that would cause the choice to be reviewed.

MOD

Workspaces relevant to this step