If you’re in business, you’ve got competing priorities. I recently was facing a complex fork in the road, and rather than just picking it up … I need to understand the consequences of each direction.
What I needed was a filter to help me compare and contrast multiple competing business investment opportunities. I couldn’t find a good one online, so I made my own.
It’s now on Scribd, so if you find it helpful, feel free to download it and use it yourself.
Here’s an embed of the document, and I’ve got a couple of notes below …
There’s no scoring mechanism or anything, because I feel strongly that this is just an aide, not a program that you plug information into and presto! there’s the answer. In other words, this filter will not answer the question for you.
What it will do is help you to clarify your thinking and your best data around some key issues that are important to consider before making serious investments in competing directions.
If you are evaluating more than two options, just download the Word version, flip the page orientation to landscape, add another column … and go to town.