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How Dumb Is Your Business?

N2Growth Blog

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? At the risk of drawing the ire of corporate elitists, I submit to you that the dumber your business is, the better off you are.

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. They make bad decisions.

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Should Success Be Based On Results or Politics?

The Idolbuster

But Ressler and Thompson present a way to make it possible, with a website filled with business cases and slide decks to help you justify a radical change to the way your company operates. In one example, Suntell, a company that sells loan risk management software adopted a ROWE strategy. Riverhead Book (2009) P 84-85.

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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Contingency : Nothing is without risk, and when you think something is without risk, that is when you’re most likely to end-up in trouble. All initiatives surrounding new ideas should include detailed risk management provisions. Be careful of high level, pie-in-the-sky projections.

Blog 413
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Questions and Team Building | N2Growth Blog

N2Growth Blog

How can we improve the risk management, governance, control, and reporting functions for this? How will we measure them, and what hurdles do we need to hit to be successful? Do you have the necessary resources (financial, technology, talent, infrastructure, etc.) to hit your objectives? Why should we make this investment?

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Make Your Organization Anti-Fragile

Harvard Business Review

having sacrificed customer intimacy for increased operational excellence gains through widespread cost cutting, are well documented. Organizations worry about fine-tuning their operations to handle the typical situations. The danger is that their management approaches cannot sense or respond to shocks. Not anymore.".

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The Political Case Against Out-Sized Executive Pay

Harvard Business Review

As in 2008-2009 when excessive pay was seen as linked to excess risk-taking, the issue — and the broader role of business in society — is under heightened scrutiny and needs to be addressed by the business community. What are the operational objectives which express those purposes?