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The Danger of Doing Nothing
  • Healthcare, Consumer Goods - Retail/Wholesale, Industrial Goods - Apparel, Appliances, Beauty, Household Goods, Textiles, Industrial Goods - Automotive, Industrial Goods - Aerospace & Defense
  • Open Access

The Danger of Doing Nothing

Measure the hidden cost of allowing problems to persist

Publication:
Quality Progress
Date:
October 2026
Issue:
Volume 59 Issue 10
Pages:
pp. 12-17
Author(s):
Sherman, Peter J.
Organization(s):
Riverwood Associates LLC, Atlanta, GA

Abstract

The cost of doing nothing (CODN) measures the hidden cost of allowing problems to persist, helping leaders quickly identify which issues warrant deeper analysis. CODN reframes waste into annualized financial terms that align with how executives think—the language of money—closing the gap between front-line observations and CFO-ready numbers. The author shares a practical way to identify waste in real time and convert observations into meaningful financial insights—often in just a few minutes.

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