Breakthrough Business

Performance Management

 

Business Risk Management

Containing Negative Effects and Converting Risks Into Opportunities

Vadim Kotelnikov advice quotes  

Vadim Kotelnikov personal logo

Vadim Kotelnikov

 

"Don’t forget, that business is like driving a car: you can go fast only if you know you have good brakes!" 

~ Harvard Business Review

  

 

INNOBALL - innovation foodball, brainball - how to create change successfully

 

 

  

 

Three Types of Business Risks

Individual Riskall trusting relationships have meaningful incentives at stake and the trusting party must understand the risks involved in the relationship.

Managerial Risk – speaks to the reality of uncertain outcomes that are associated with managerial decisions.

Learning SWOT Questions

Organizational Risk is a characteristic of firms experiencing volatile and often unpredictable income streams.

Two Levels of Risk

Strategic risks
require corporate leaders to think on a grand scale; these risks require strategic thinking, systems thinking and strategic planning.

3Bs of Strategic Creativity

Operational risks
are implemented at a lower level.

Humorous Business Plan

Financial Success

Development risk
"The more you chase money, the harder it is to catch it."
~ Mike Tatum...

Risk management strategy
"It is better to spend money like there's no tomorrow then to spend tonight like there's no money."
~ P.J. O'Rourke...  More

Humorous Business Plan

Success in Love

Growth risk
"
A sweetheart is a bottle of wine; a wife is a wine bottle." ~ P.C. Baudeareil...

Risk management strategy
"Adultery is democracy applied to love."
~ H. L. Menken... More

Innovation Football Slide Show as a Great Risk Management Tool

Making big changes, radical innovation project management (RPM) or international business development (IBD) ventures involve various risks.

Simulation game Innovation Football (INNOBALL) will help you not just anticipate and reduce these risks, but also turn these risks to opportunities and achieve great results! 

>>   Example 1   Example 2   Example 3

 

The Biggest Risk

The biggest risk is not taking risks. If you venture nothing, you win nothing.

"Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure or nothing,"

~ Helen Keller  >>>

Colin Powell's 18 Lessons for Leaders

Once the information is in the 40 to 70 range, go with your gut. Don't wait until you have enough facts to be 100% sure, because by then it is almost always too late.... More

Entrepreneurial Leader: 4 Attributes  Download PowerPoint presentation, pdf e-book

The Greatest Source of Risk

The greatest source of risk in any business is failure to understand dynamic needs of the customer or end user.

Managerial Risk

 The logic of managerial risk applies at the level of each individual. Good managers build trusting relationships. Yet, to trust another party makes a person vulnerable to outcomes of that party's actions. Thus managerial risk creates vulnerability.

In addition, managerial decisions taken in an unknown environment result in uncertain outcomes.

Managing  Five Business Development Risks

You face five risks at every stage of your business development:

① Growth risk

② Technology & production risk

③ Marketability & competing risk

④ Financial risk

⑤ Team & management risk.

Entrepreneurial Download PowerPoint presentation, pdf e-book risk management approaches can help you turn these risks into opportunities... More

 

 

Project Risk Management

Project risk management analyzes the possible trade-offs between cost, schedule, and uncertainty. Risk management strategy represents some kind of rebalancing, of choosing alternative ways to deliver the same results... More

10 Key Project Leader Skills

Case Studies Silicon Valley Companies

Silicon Valley companies use the innovation portfolio approach to manage innovation and risks... More

  

 

 

 

Peter Drucker advice

Most innovators are successful to the extent to which they define risks and confine them... More

Peter Drucker

Thought Leader

Konosuke Matsushita advice quotes

Rely on is your own intuition and when it comes down to it, you really don't know what's going to happen until you do it.

Konosuke Matsushita

Panasonic