The master’s of business know that the better strategy is to use strategic pace. That needs a good plan, a steady series of well designed efforts that mean at the point you need the stamina and strength, it is all ready.
Strategic Pace
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Risk Management
Storm Eunice.
Eunice’s blows were both powerful and anticipated, yet specific consequences cannot be predicted. Which trees will stand and which fall can never be known accurately in advance.
The same can be said for running a business.
It better be you…
If we can live and work and enjoy entertainment from anywhere, then business can source it from anywhere too. Specialists will attract wealth that will bypass generalists.
The Anatomy of a Computer Scam.
Over the weekend I listened to the latest episode of a podcast. It was called "reply all". In fact, I listened to two episodes from a few years ago and the latest episode which brought the story up to date. It is an entertaining and well-presented story by a...
If only I had checked…
Sometimes automation of a business process can make something that is complex and too time-consuming to undertake manually possible to scale. Automation may also make it more consistent as well as faster and more reliable. Done well it is a clear advantage, but done...
Reflections on an unexpected month
In today’s situation, we have a choice. We can give in to the current state of affairs imposing its demands on us, or we can choose our own.
It’s the small things that change the world. This is one…
A virus, spread by people all over the globe that is affecting everything from our basic freedoms, to the price of oil and the value of pensions. What will it leave behind?
Reflections on Change from February’s longer month.
Great surfers stay on the leading edge of breaking waves, poor ones tumble in its wake. Which will your business be?
News: The Risky Seas
Every business should put effort into risk management. Almost all would be more profitable, more reliably, in the long run, if they did more
Reflections – Changes, Brexit and Good decisions.
We often find ourselves making decisions that create big changes in our future, so it’s important to understand what makes a good decision.
The importance of Signposts
Businesses need signposts just as much as drivers, in order to know where they are heading and when to make a turning for strategic benefit.
Planning your business in 2020.
Things will change in 2020, the impacts will affect elements of the economy and the way business is done in unexpected ways. Read how to get ready.
Strategic Improvement – The 1% Goal
In the House of Commons, on the day he announced his retirement, the Speaker, John Bercow, commented on the difference between being proud of what has been achieved and satisfied. “Being satisfied” he said “is the fastest route to complacency” He is right. In most...
Which facts matter for decision making
Every business owner is faced with countless decisions that require sound judgement as well as a clear head. While one decision might address a specific problem, each one will affect the achievement of the goal of the business. Decisions made in a vacuum are risky,...
How to Make Change Fast or Make Change Slow
Transformation can be so large and the prize for success so big that it can be hard for anyone to visualise the whole process. Some fear it is happening too fast, others too slow. Some are advocates seeing the opportunity, others resist seeing only the risks.
Why trends matter for business resilience.
Business Risk is something that I define as “events that might happen, however unlikely, that impacts your ability to do business well.” As humans we aren’t designed to evaluate uncertainty, we tend to get both probabilities and impacts wildly wrong. Risk management needs a structured approach.