article thumbnail

The Importance of Risk Assessment in Business

Strategy Driven

Risks are part and parcel of everyday life. When you’re new to risk management or risk management tools, it’s vital you do your due diligence research. You might not realize you’re doing it, but you assess risks throughout your normal day.

article thumbnail

6 Ways to Keep Good Ideas from Dying at Your Company

Harvard Business Review

Many companies have figured out how to parcel out small amounts of money to employees cultivating something new. In the startup world, venture capitalists compile data about how many pitches they’ve listened to, how many they put through due diligence, and how many they invested in. Invest real money.