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How Dumb Is Your Business?

N2Growth Blog

As odd as it sounds, businesses that are not dependant on smart talent, capital, or technology can scale faster and easier than those businesses burdened with the aforementioned dependencies. The dumb factor not only applies to talent, capital, and technology, but it also extends throughout the entire value chain.

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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.

Blog 396
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Why You Need a Resilience Strategy Now

Harvard Business Review

A company is clearly more at risk if it has just one major product, service, technology, key supplier, or other core element. In the 2011 Thailand floods, both hard drive makers and auto giants realized that having a sole key component made in one place made for a fragile system ( Toyota took a $1.5 Diversity.

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The Most Overlooked Part of Your Data Security

Harvard Business Review

Organizations constantly replace outdated computers, servers, laptops, copiers, and countless other types of electronic devices to keep up with technology and enhance worker productivity. This rush to upgrade, however, creates a challenge: large numbers of excess electronics must be managed and disposed of properly. billion in damages.

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Questions and Team Building | N2Growth Blog

N2Growth Blog

Do you have the necessary resources (financial, technology, talent, infrastructure, etc.) How can we improve the risk management, governance, control, and reporting functions for this? " My days in technology have taught me that you frequently have to ask "why" up to 5 times before you REALLY get the answer.

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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 384
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Leading in a World of Resource Constraints and Extreme Weather

Harvard Business Review

And as an HBS white paper points out, even some of today’s most mainstream executives — from the CTO to even the CFO — were once just new positions created to deal with “significant opportunities and risks emerging from technological or social disruptions.” Insight Center. The Future of Operations.