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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. Our Freedom. All Rights Reserved

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Decisions made at the gut instinct or data level can be made quickly, but offer a higher level of risk. Decisioning at the information level affords a higher degree of risk management, but are still not as safe as those decisions based upon actionable knowledge. They make bad decisions. Our Freedom. All Rights Reserved

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JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

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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. David Locke Innovation fails because of management, not the innovation.

Blog 413
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Questions and Team Building | N2Growth Blog

N2Growth Blog

Which markets, partners, clients, or other opportunities can add significant value to our business? How can we improve the risk management, governance, control, and reporting functions for this? Copyright/Legal Privacy Resources Sitemap N2Growth Blog © Copyright 2010 N2Growth. to hit your objectives? Our Freedom.

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Don’t Blame the Apple and Exonerate the Tree

Harvard Business Review

million from $23 million, after the London Whale loss (even as they cut his pay, the board praised Dimon for responding “forcefully” to the trading loss, presiding over an overhaul of the bank’s risk management, and getting rid of the responsible executives). Compensation Finance Organizational culture'

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Can JP Morgan Transparently Police Itself?

Harvard Business Review

What makes this case of corporate accountability so important is that it is a discretionary matter of "private ordering" under JP Morgan risk management policies, not under a mandatory rule contained in Dodd-Frank. Risk for one part of the bank might not be appropriate for another part of the bank.

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