In the Baldrige Excellence Framework the term “Intelligent Risk” appears. It is defined as: “Opportunities for which the potential gain outweighs the potential harm or loss to your organization’s future success.” This definition expresses a concern that risk might inhibit innovation. With the addition of Enterprise Risk Management to the 2017-18 Framework has a condition been created where two best business criteria, innovation and risk management, might cancel each other out? More basically, does Enterprise Risk Management (ERM) inhibit innovation related risk taking? Continue reading
#170 – CONSIDERATION OF RISKS IMPROVES THE VALUE OF STRATEGIC PLANNING – J. WOODY STANLEY, MICHAEL GRAF, DANIEL FODERA
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Government agencies continually face the challenge of addressing complex societal problems with constrained resources. Among Federal agencies, strategic planning is a common practice that helps agency leaders identify their priorities and improve performance. While strategic planning does not guarantee they will foresee all future events and issues, a risk based strategic planning process is more likely to highlight emergent trends and, as a result, agency managers are better positioned to face an uncertain future. Continue reading
#170 – WHAT DOES ELOQUENT DESIGN MEAN TO YOU? – JOHN AYERS
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Eloquence has many definitions primarily applied to speaking and writing. One definition is the art or practice of using fluent, forceful, and persuasive discourse. Over the ages, authors have variously described eloquence as “words sweetly placed and modestly directed” (William Shakespeare), “a painting of thought” (Blaise Pascal), “the poetry of prose” (William Cullen Bryant), “the appropriate organ of the highest personal energy” (Ralph Waldo Emerson), and “the art of clothing the thought in apt, significant and sounding words” (John Dryden). Continue reading
#170 – IT’S ALL ABOUT SURVIVABILITY – GEARY SIKICH
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If you want senior management to pay attention give them something that challenges their focus – and understand that their focus is not on how many computers you have or RTO, RPO stats. It is on business survivability – will we be in business tomorrow given the issues that we face today.
What is more important to your organization’s continuity of operations – how many computers you have or where your competition will be coming from in the next five years? Continue reading
#170 – THE NEED TO IMPROVE THE RELIABILITY NARRATIVE – FRED SCHENKELBERG
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Little Compromises and Future Costs
In a recent Seth Godin blog, Counting beans he talks about the eventual costs of little compromises. The immediate benefit may be celebration worthy, yet
But overlooked are the unknown costs over time, the erosion in brand, the loss in quality, the subtraction from something that took years to add up.
This certainly applies to reliability as well. Deferring maintenance just one more month, addressing one more software bug can be done after shipping, and similar small shifts erode reliability of your system. Continue reading
