Letting the Perfect Be the Enemy of the Good: A Crash Course in Return on Investment
Dr. Dan Pisano, former director of Industrial Engagement at APS, gives an overview of the concept of Return on Investment (ROI) and provides specific examples of how it influences activity and decision making processes in industry.
In the classroom the only correct answer is the one that satisfies the equations perfectly. In the industrial world how precise an answer is appropriate depends on the context. One such measure of goodness of fit is the Return on Investment (ROI). The right answer to most industrial problems is that which is good enough to meet the system requirements. In this webinar, Dr. Dan Pisano, Director of Industrial Engagement at APS, will give an overview of the concept of ROI and provide specific examples of how it influences activity and decision making processes in industry.
Daniel Pisano is the former APS Director of Industrial Engagement.