I celebrate the fact that business managers have asked this question a lot, especially in the past year. The evidence I see is that risk managers are much more self-aware and aware of their internal and external environments, conditions, and circumstances. We have seen an evolution in the maturity of judgement, though the confusion between risk …
Some would say that risks have changed dramatically over the past decade or more. While the risks may have changed, what hasn’t is the practice of how risks are managed. What I witnessed as ‘risk management’ in the early 1990s is much the same today, though much is touted about the value added that comes …
One of the best ways to serve my clients is for both of us to be on the same page right from the start. Today I’m thinking of terms and phrases that two people can interpret or understand very differently. When such a disconnect between the advisor/coach and a client happens, it doesn’t usually end …
The Meaning of “The Gap Between Strategy and Execution” Read More »
Since the dawn of the first Industrial Revolution (1760-1814), businesses have struggled to achieve a balance between profitability, growth, efficiency, and effectiveness. Actually, the struggle lies with aligning the resources and evolving the capabilities to meet the ever-changing needs resulting from the economic shifts. Now in the ongoing Fourth Industrial Revolution, more than 260 years …
Which would you rather achieve: Effectiveness or Efficiency Read More »
I spoke at a business gathering recently and had a chance to meet an individual on the Board of a large organization. This person has been on more than a dozen public company boards during the past 50 years. I later learned she’s been listening to management complain about issues that haven’t changed in five decades. …
