Skip to content

business case

Lollapalooza Effect in the Antilope Canyon

Opportunity cost and the Lollapalooza effect

This article discusses two mental models—opportunity cost and the Lollapalooza effect—in the context of Configuration Management. It emphasizes the importance of impact assessments when making changes, highlighting how opportunity costs can significantly influence decision-making. Additionally, it addresses the potential consequences of organizational culture on both negative and positive outcomes related to change implementation.

Doing the right thing

Doing the Right Thing

The recent discussions focus on the challenges of demonstrating the ROI of Product Lifecycle Management (PLM). Emphasizing an infinite mindset, the articles argue that aligning PLM initiatives with a just cause enhances understanding and support. Successful implementation requires translating business needs into actionable capabilities while showing both qualitative and quantitative benefits.