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Complimentary Resource – Maintaining Continuity of Operations with.

Strategy Driven

Click here for more information on Maintaining Continuity of Operations with a Disaster Tolerance Strategy. No coupons, credit cards, special codes, or purchases are necessary. Publications are entirely FREE to those who qualify. Email This Post | Print Post | Sign up for our Email Newsletter Speak Your Mind Tell us what youre thinking.

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Risk Management Best Practice 1 – Map Corporate Risks to Operational Processes

Strategy Driven

You just finished reading Risk Management Best Practice 1 - Map Corporate Risks to Operational Processes ! If you enjoyed this article, let us keep you up-to-date on other newly published insights by signing up for our complimentary StrategyDriven Newsletter Copyright 2007-2011 by StrategyDriven, Inc. Consider leaving a comment!

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Alternative Selection Best Practice 2 – Evaluate Everything

Strategy Driven

All business operations consume a portion of the organization’s limited resources and each presents its own value proposition. In order to recognize and be positioned to act on these truly game changing opportunities an organization’s leaders must evaluate all business operations and initiatives during its alternative selection process.

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Recommended Resource – Finance Without Fear

Strategy Driven

William and John arm leaders with the knowledge of what is in each financial statement, how statements relate to each other, and, more importantly, how business operations impact reported financial outcomes. Likewise, it is critical that these leaders be able to draw conclusions about business operations from their financial statements.

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Alternative Selection – Total Cost of Ownership

Strategy Driven

Even if those costs are accounted for, other hidden costs, such as the reduction of future operational flexibility and options, can be overlooked. Therefore, when selecting from among the myriad of business operations and initiative opportunities it is important to fully examine the total cost of ownership. All rights reserved.

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Human Performance Management Best Practice 3 – Qualify, Verify, and Validate

Strategy Driven

Human error reduction not only applies to the performance of operational activities but to analytical tasks as well. These latent errors can have an equally devastating financial, environmental, asset and human impact as operational performance errors; simply occurring with greater time separation between the error and the event.

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Risk Management – Value of Effective Risk Management

Strategy Driven

Instead, effective risk management enables a business to accelerate its operations and market entry, to become more aggressive, an approach that in today’s fast paced marketplace environment is immeasurably valuable. Copyright 2007-2011 by StrategyDriven, Inc. The text above is only a small portion of this article. All rights reserved.