A Microsoft and Knowledge@Wharton collaboration In the business world, risk is everywhere — fires, natural disasters, exchange-rate fluctuations, changes in interest rates, credit ratings and commodities prices. It’s the wild card that can upset even the most carefully crafted business plan. So it is...

Before your organization makes a costly investment in hardware or software, use return-on-investment (ROI) analysis to guide your decision process. ROI analysis, when used as part of a well-rounded business case, can help you evaluate the strategic and measurable benefits, costs, and potential risks...

Capital budgeting is a tool that financial analysts can use to support business decision-making by using thorough, contextual information about potential capital investments. Capital budgeting can be complex, so it can be easy to get lost in the details of the financial calculations and lose track of...