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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

Yet managers continue to follow Taylor’s “hard” approach — creating new structures, processes, and systems — when they need to address a management challenge. Hence, the introduction of, say, a risk management team or a compliance unit or an innovation czar. Indeed, if anything, their continued use is making things worse.

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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

In my opinion, the following redress is a shortlist of measures Walmart managers might undertake to begin accomplishing this feat: Incorporate reputation risk management into the corporate strategy. Extending the above strategy to also reduce operational threats and improve efficiency across the board is one of them.

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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
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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. Why Your CEO Is a Security Risk.

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Three Questions You Should Ask About Your Cyber-Security

Harvard Business Review

At the same time, the free exchange of information, cross-pollination of ideas across business functions, and cooperation with outside partners make it harder to control sensitive information or find the source of a breach when one occurs. How do we make sure partners protect our data while continuing to optimize our supply chain?