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8 Ways You Can Improve Your Strategy & Leadership Skills to Scale Your Business

Joseph Lalonde

Every business has factors that surround and govern its operations. Have Proper Risk Management Plans. To be an effective leader and a master strategist in your business, you must have adequate risk management plans. It is correct to say that strategic plans often come with enormous risks. Read through.

Strategy 194
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Stop Trying to Control People or Make Them Happy

Harvard Business Review

Whether you’ve heard of them or not, two gurus from the early 20 th century still dominate management thinking and practice — to our detriment. It has been more than 100 years since Frederick Taylor, an American engineer working in the steel business, published his seminal work on the principles of scientific management.

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Purchasing Managers Have a Lead Role to Play in Cyber Defense

Harvard Business Review

There is a crying need for companies to enlist their supply chain management departments in the fight against cyberattackers. If one cannot meet sufficient levels of performance, supply managers should be empowered to end the relationship. Hold supply managers accountable. Tim Robberts/Getty Images.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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How to Reverse-Engineer Criticism

Harvard Business Review

By parallel, managers themselves might similarly benefit from "reverse-engineering" the criticism of not only outsiders but of their own colleagues: considering both parties as their benefactors on the road to greater performance. Most PR firms only offer cosmetic remedies to firefight reputation threats as they arise.

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Is Anyone Really Responsible for Your Company's Data Security?

Harvard Business Review

Trade secrets, confidential business plans, and operational security depend on it. But when I put the question to top management, well, they''re busy — not their problem, that''s for sure — and they refer me to the chief information officer or the chief technology officer. To find out, I like to ask questions.

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How a Cyber Attack Could Cause the Next Financial Crisis

Harvard Business Review

Ever since the forced bankruptcy of the investment bank Lehman Brothers triggered the financial crisis 10 years ago, regulators, risk managers, and central bankers around the globe have focused on shoring up banks’ ability to withstand financial shocks. Peter Dazeley/Getty Images. How can we prevent such a scenario?

Crisis 11