Remove Brand Remove Innovation Remove Market Risk Remove Marketing
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Decide, Change: The Two Essential Risks for Ultimate Success

Great Leadership By Dan

Sure, you hope to avoid liability, investment, and market risks as you pursue your entrepreneurial dream, so you take steps to mitigate exposure. But a business owner must embrace and leverage these two essential risks to achieve ultimate success: 1. Innovation is announced in the marketplace through branding and marketing.

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The Status Quo Is Risky, Too

Harvard Business Review

Then develop a risk profile for your current strategy using the same framework you’re using to assess your new strategic options. If you have assessed the risk of your strategic options in terms of brand risk, operational risk, market risk, and so on, do the same for the current strategy.

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How CMOs and CROs Can Be Allies

Harvard Business Review

Chief Marketing Officers (CMOs) and Chief Risk Officers (CROs) may seem to have little in common. The CMO has historically focused on driving growth and brand engagement; the CRO has typically focused on safeguarding the bottom line and minimizing unwanted exposure. Use risk data as an avenue for innovation.