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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 was exactly the simplicity of their business model and their product that made them into the company that they are today.

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The Big Picture of Business – Quality is Important for Business: Real Quality vs. Arbitrary Metrics

Strategy Driven

Websites that sell products are digital platforms, not the arbitrators of quality in the business world. That means doing things correctly the first time, without wasting counter-productive time in cleaning up mistakes. Productivity translates to profitability in an advantageous climate in which to function.

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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.

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The Big Picture of Business – How to Maximize Trade Show Exposure

Strategy Driven

While sales objectives are most common, trade shows may also be behavior, product, distribution or marketing oriented. Introduce new products. Engage public relations professionals to publicize your involvement. Work closely with the show’s management. Don’t expect the product to show itself.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

Design and re-engineering of products-services. Each product-service is budgeted. Assets are adequately valued and managed. Public relations plan is annually updated, with realistic, measurable goals. Study and refine your own core business characteristics. Development of core business supplier relationships.

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Don’t Trust Your Company’s Reputation to the Quants

Harvard Business Review

We find the debate interesting because it offers a great example of reputation risk – and more specifically, of why such risk has to be assessed both quantitatively and qualitatively. Over the decades, risk management has become a deeply quantitative endeavor. They know it is linked to risks of other kinds.

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Medical Systems Hacks Are Scary, but Medical Device Hacks Could Be Even Worse

Harvard Business Review

In 2014 the International Organization for Standardization developed guidelines for the disclosure of potential vulnerabilities in products. It provides a reasonable framework for assessing cybersecurity risk across the product life cycle. Require basic cyber hygiene.

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