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.
I’ve created a workshop to take the first step to being back in control. Having the time you need, so that you are working with clients whom you know are perfect
Business leaders know that gender diversity is good for their businesses, nad yet it still is not happening. When I look back over the 133 years since my Grandmother was born I know that we have come a long way, and have a long way to go. The blog looks at the evidence, the symptoms of hidden strategies, and the actions we should be taking now.
For most of the last couple of years, without realising the extent, I’ve been losing the sight in that right eye. Is your business losing its sight too?
On 21st September 2017 – I’ll be in South Cerney, near Cricklade, with a number of other business owners for a netwalk – a chance to build strong relationships, and gain and give insights to others, over a gentle walk and a pub lunch. Do come and join us, More details here…
Over the next few weeks, I am going to be looking at why strategy is especially important in owner-led businesses. I’ll touch on some unconscious strategies that I see holding businesses back from optimal performance and their typical symptoms, as well as how to make sure your business is immune.
Today, politics and business are mixing on daily timescales. That’s a very different risk management landscape than many businesses have ever faced. What’s the biggest risk that the current uncertainty brings to your business?
Every business knows what it needs to do next, but may not yet know in detail what to do after that. Longer term planning isn’t easy; with the uncertainties of the business environment; the actions of competitors & regulators; and economic and political shifts. How then can you move forward with certainty?
Uncertainty about what is coming is greater than ever; planning is difficult and the risks of undertaking projects to be ready, for example, for leaving the single market, is that the end result may still be very different from the current sense of direction. What are the six steps to protecting your business from these rapidly changing uncertainties?
Walking shoulder to shoulder means that you have almost the same view as others. Cooperation, a frequent consequence of walking together, becomes harder when you are face to face, confronting each other.
Join William Buist on the xTEN Club Netwalk on 23rd June starting in Cricklade.
I am only one, but I am one.
I cannot do everything,
but I can do something.
And I will not let what I cannot do interfere with what I can do.
Elections always lead us to speculate about the future, to see many demons in the darkness, but what should businesses do?
We often take negotiating positions because they are easier, both to define and to understand, than the principles that underlie them. It’s often not even be the best position, just the one that we have chosen that will do well enough for now. Principled negotiations allow you to find the unexpected, better option, that nobody had even considered when the negotiations began.
It’s useful for any business to model not just how they work, but also to map out how others in your market approach what you do. Not to copy, nor to denigrate, but to understand how you differ and why.
Buried in contracts, hidden in tenders, obscured by other details, tests that check your attention to detail are everywhere in business. Are you spotting the ones that matter?
Are your products underperforming? is a service, once treasured by clients, now letting them down? How much longer will you push on on the wrong road, before finding the right one?
Using examples of the seven essentials to sustainable success from the worlds of medicine, Formula 1 and aviation this white paper will highlight how small (strategic) changes in your own business can have a profound impact on how well it performs. Download it today.
Far from being a productivity panacea, a collaborative culture will drive your top performers away.
Geoffrey James, Inc.com
Many of us recognise intellectually that we need others’ knowledge to solve big problems, yet we still lack the motivation to collaborate.
Harvard Business Review
Going it alone can’t be the most efficient way to get everything done, and in the long run, it isn’t even the most satisfying. Business collaboration takes time, and effort and energy to make it possible for the essential trust and understanding to develop, but when it’s in place, you do more, in a more aligned way, more sustainably.