Remove Brand Remove Crisis Remove Risk Management Remove Technology
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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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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. Many people used to do the same thing with the word ‘technology,’ using it far from its reasonable definitions. The ‘brand’ is a marketing term. I sat in a meeting of highly educated business executives.

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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 416
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Is Your Company Ready to Protect Its Reputation from Deep Fakes?

Harvard Business Review

As corporate leaders grapple with the question of how to prove something is (or isn’t) real, they will need to invest in new technology that helps them keep one step ahead of bad actors. But that technology is still in its early stages, and as it develops you can be sure that bad actors will be working on ways to defeat it.

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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.

Blog 413
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Playing It Safe Is Riskier than You Think

Harvard Business Review

One representative example from the Depression: General Motors had to figure out how to maintain its upscale Buick brand in a sinking economy. Persuade consumers to buy a used Buick rather than a cheaper new car—a way to keep struggling dealers afloat and hold back the encroachment of rival brands. The solution?

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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? How does it drive revenue, profit, brand equity, competitive advantage, etc. to hit your objectives? Why should we make this investment?