The increasing complexity and dynamism that the markets have today, but especially those where organizations operate using Information and Communication Technologies as the core of the business, as well as the resulting uncertainty thereof, suggests that the Strategic Development in those Organizations should be based on the usage of traditional processes as well as other emergent strategies that arise from internal processes and daily activities. Continue reading
Category Archives: Tips&Tools@Risk™
#184 – THREE MANAGEMENT METHODS TO HELP YOUR BUSINESS IN THE TRUMP ECONOMY – GARY HINKLE
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President Trump promises a more business-friendly government that should stimulate economic growth. Regardless of the actual economic growth in our future, here are three methods that will help your business increase profits if you depend on successful completion of projects to make money.
These are relatively simple concepts, but they require in-depth knowledge, consistent effort and discipline to get full benefit. Continue reading
#182 – TIPPING THE REPUTATIONAL SCALE – JAMES KLINE PH.D.
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An organization’s reputation is important. In the private sector it can account for twenty-five percent of its book value. It can also make the difference between market dominance and slow decline. For government there is no good way to quantify reputation. However, having a good reputation may mean the difference between obtaining the needed funds and continuing to beg. Continue reading
#182 – WHICH NON-FINANCIAL RISK MANAGEMENT CERTIFICATION TO CHOOSE – ALEXEI SIDORENKO
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There seem to be a lot of angry talk about various risk management certifications on the web lately. Most such comments are coming from people who are very ill-informed about how certification, any certification, works in general. As a creater of 2 national risk management certification programs that have been hugely successful in Russia, here are my 5 cents. Continue reading
#180 – WHY DO ACCOUNTANTS AND OTHER PROFESSIONALS NEED BETTER RISK MANAGEMENT COMPETENCIES – ALEXEI SIDORENKO
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Risk management competencies can significantly improve decision making in any profession. The bad news is that these competencies do not come to us naturally. They have to be developed. Even if you do not operate in a high risk, uncertain environment one should consider the extensive research, into what is referred to by scientists as heuristics and biases, cognitive psychology and psychometric paradigm, collectively called risk perception. Continue reading