3 ways to improve success with ‘Big Bet’ initiatives

Big Bet projects are inherently risky. But decision makers are often prone toward tunnel vision on optimistic outcomes. This produces very high failure rates, costing companies millions, even billions of dollars. But there are three proven techniques that can dramatically improve your chances of success.
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Ronald Bisaccia is a Managing Director with Alvarez & Marsal Business Consulting in New York. He leads the firm's national Analytics practice, and the regional telecommunications and media and entertainment industry practices. He specializes in analytics, business intelligence, information technology (IT) architecture and system integration.

With 25 years of experience, Mr. Bisaccia brings expertise in consulting and technology to the firm.

Prior to joining A&M, Mr. Bisaccia was CEO of Heads Up, a provider of business analytics and activity monitoring services. Heads Up aggregates and structures data to allow for real time analytics and dashboarding. Before that, Mr. Bisaccia was Chief Operating Officer of Dimension Data North America, a $750 million value-added reseller of technology equipment and services. In this role, he successfully guided the turnaround and sale of the troubled Proxicom business unit.

Previously, Mr. Bisaccia was a Partner with Andersen Business Consulting, where he led the development of a firm-wide system integration capability. Before joining Andersen, he spent more than 10 years developing a deep expertise in system analysis, architecture, project management and hands-on development.

Mr. Bisaccia began his career as an attorney, representing clients in New York and New Jersey.

He holds a BS in Finance from Ohio State University and a JD from Rutgers School of Law.

The opinions expressed in this blog are those of Ronald Bisaccia and do not necessarily represent those of IDG Communications Inc. or its parent, subsidiary or affiliated companies.