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How Dumb Is Your Business?

N2Growth Blog

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? At the risk of drawing the ire of corporate elitists, I submit to you that the dumber your business is, the better off you are.

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Why Businesses Fail | N2Growth Blog

N2Growth Blog

Gut instincts can only take you so far in life, and anyone who operates outside of a sound decisioning framework will eventually fall prey to an act of oversight, misinformation, misunderstanding, manipulation, impulsivity or some other negative influencing factor. They make bad decisions.

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The Big Picture of Business – Avoid the Tired, Trite Terms: Encourage Original Thought, Focus on Priorities and Strategy

Strategy Driven

The presenter was dropping the term ‘brand’ into every other sentence. The ‘brand’ is a marketing term. Rather than use critical thinking to communicate, many people often gravitate to the same old tired catch phrases. I sat in a meeting of highly educated business executives.

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Don’t Trust Your Company’s Reputation to the Quants

Harvard Business Review

We find the debate interesting because it offers a great example of reputation risk – and more specifically, of why such risk has to be assessed both quantitatively and qualitatively. Over the decades, risk management has become a deeply quantitative endeavor. Public relations Risk management Transparency'

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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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Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

Aside from being costly, a flawed execution can cast doubt on management credibility, have a negative impact on morale, taint the brand, adversely affect external relationships, and cause a variety of other problems for your business. All initiatives surrounding new ideas should include detailed risk management provisions.

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The Economics of Why Companies Don’t Fix Their Toxic Cultures

Harvard Business Review

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. Investments in cultural capital is one way to reduce that risk. naqiewei/Getty Images. Adverse selection.

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