Remove Finance Remove Innovation Remove Power Remove Risk Management
article thumbnail

Unlocking Excellence: The Role of a Chief Procurement Officer

N2Growth Blog

The CPO must engage with suppliers to establish mutual trust, foster innovation, and drive continuous improvement. By working closely with suppliers, the CPO can consistently deliver high-quality products or services, mitigate risks, and seize opportunities for cost savings and process efficiency.

article thumbnail

Chief Procurement Officer Search: Securing Your Supply Chain Leadership

N2Growth Blog

A successful executive understands the intricacies of the supply chain and leverages their expertise to drive innovation, reduce costs, and enhance organizational efficiency. A well-rounded and comprehensive set of leadership requirements can be defined by involving stakeholders from finance, operations, and other relevant areas.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Dumb Is Your Business?

N2Growth Blog

If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable. It will be interesting to see if the next round of Google innovation will be as successful as the beauty of their initial simplicity.

article thumbnail

How to Seize Opportunity in a World of Disruption

Skip Prichard

and is an expert on risk, strategy, and finance. Tactical agility enables employees at all levels to take smart risks, capture opportunities, improvise and innovate as they execute a clear strategy. How do organizations with a culture of agility handle risk differently than others? Northern Command.

Agility 92
article thumbnail

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. Great post and very insightful blog! I Think Not.

Blog 416
article thumbnail

JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

article thumbnail

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. “ It is my hope to help dispel the myth that ideas are inherently good things.

Blog 413