Tips on How to Manage Risks

Business risk poses an uncertainty that leads to potential negative impacts. In managing risks, you can look for ways to minimize the likelihood of occurrence and mitigate its impacts should it occur. There are several questions you could raise to address both areas. To minimize the likelihood of occurrence, ask:… [More]

Simplicity is Golden

Work tasks consume time and money. By keeping things simple, you expedite completion and improve productivity. More importantly, you build a solid foundation for transitioning to the digital era. Review the two areas Connie identifies for opportunities to simplify work activities.

Does Consensus Decision-making Lead to Compromised Solutions?

Obtaining consensus involves getting an agreement from a group of colleagues on a solution. The process to obtain consensus takes time because everyone involved is supposed to have an opportunity to express his view and debate about it. Making decisions using a consensus approach is not always effective. The solution… [More]

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