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The Importance of Risk Assessment in Business

Strategy Driven

Risks are part and parcel of everyday life. Thanks to technology there are a wealth of tools and software you can use to make the process easier. Risk management tools also help with risk reporting, analytics and metrics. You might not realize you’re doing it, but you assess risks throughout your normal day.

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Leadership & Emotional Control | N2Growth Blog

N2Growth Blog

Even if you don’t find yourself having to frequently deal with extreme situations, it is often nothing more than normal dealings in the ordinary course of business that can place you at a nexus…Do you make your decision based upon the facts at hand and sound decisioning metrics, or do you let your emotions drive your decisions?

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The Most (and Least) Empathetic Companies

Harvard Business Review

The analysis, which focuses on global companies, looked at CEOs’ approval ratings among staff; the ratio of women to men on the board; frequency of complaints; the companies’ performance on social networks; and the impact of controversy such as ethical lapses, scandals, and fines — among other metrics. Technology.

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Workforce Analytics Isn't as Scary as It Sounds

Harvard Business Review

ready to weigh and measure any parcel of human nature, and tell you what it comes to." Each month, managers had been focusing on a new performance metric — first-call resolution, average call-time — so the phone staff was confused as a result. Sprint reduced the number of metrics from eighty to twenty. A man who is.

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What to Do When Each Department Uses Different Words to Describe the Same Thing

Harvard Business Review

In the face of such discrepancies, companies usually seek technological solutions, including data integration , enterprise data architecture , and master data management, since the issue presents itself as a tech problem. Since developing new language is part and parcel to innovation, you must not interfere with the process.

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6 Ways to Keep Good Ideas from Dying at Your Company

Harvard Business Review

One area of focus: how technologies like virtual reality and augmented reality will be able help consumers visualize the end result of their home improvement projects. And he cautions that trying to apply “conventional retail metrics” will kill any idea “that looks remotely different from what is currently out there.”

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14 Principles that Made Amazon

Skip Prichard

He is a leading authority on insurance, risk management, technology, and innovation. Failure comes part and parcel with invention” (Bezos 2013 letter). Members of the team are given responsibility for a particular metric (either standalone or one part of a larger project). Encourage Successful Failure (Principle 1).

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