Remove Human Resources Remove Marketing Remove Operations Remove Risk Management
article thumbnail

5 simple measures you can take to improve your company’s security

Strategy Driven

In our online-entrenched age, and especially as the world continues to wait out the COVID-19 pandemic, it bodes well for your business that it can access a wide range of markets – both familiar and untapped – from practically anywhere. Employ best practices on payment cards. Regularly back up vital business data.

Software 114
article thumbnail

The Big Picture of Business – Diversity is Important for Business

Strategy Driven

Diversity is about so much more than human resources issues. It opens your services to additional market niches. Power Stars to Light the Business Flame , by Hank Moore, encompasses a full-scope business perspective, invaluable for the corporate and small business markets. It means being anything that we want to be.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Complimentary Resource – Summer 2013 Mood Tracker Report: Empowering Employees to Improve Performance

Strategy Driven

Complimentary Resource – 4 Ways to Unlock Your Employees’ Performance Potential. Complimentary Resource – 10 Metrics for 2013 Marketing Success. Complimentary ResourceOperational Risk Management: How Best-in-Class Manufacturers Improve Operating Performance with Proactive Risk Reduction.

Report 50
article thumbnail

The Big Picture of Business – Business Success Checklist

Strategy Driven

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. Objective analysis of how the organization has operated to date. Assets are adequately valued and managed.

article thumbnail

The Big Picture of Business – Quality is Important for Business: Real Quality vs. Arbitrary Metrics

Strategy Driven

It applies to service industries and manufacturing operations. Life-threatening experiences (loss of business or market share, economic recession) signal the urgency for the team to collaborate. Marketing’s importance was fully embraced in the 1960′s. Paying attention to quality can realize: Lower operating costs.

Quality 50
article thumbnail

Small and Young Businesses Are Especially Vulnerable to Extreme Weather

Harvard Business Review

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. First, small businesses tend to be more productive than larger ones and may be especially unlikely to invest in risk management that diverts resources from production. Make risk a strategic priority.

article thumbnail

Cutting Costs Without Cutting People

Harvard Business Review

Collectively known as "operational risks", these latter costs are substantial yet, if managed properly, could significantly, reduce the bottom line with few negative side effects. For example, estimates by Mercer and others indicate that losses just for the major risks (e.g., employee accidents, office theft, etc.)

Cost 14