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Posts under ‘Risk’

Risks and Rewards

– By Andrew B Morris When an opportunity presents itself or a tricky decision has to be made, you need to balance the risks against the possible rewards. When assessing risk, there are five key questions you need to ask yourself. UPSIDE/DOWNSIDE: compare these by preparing two simple lists and then share with someone entirely independent […]

Is it Covered?

– By Stephen Ehrhart Directors gather assets which are easy to identify and therefore easy to insure. If you own a house you insure it. If you own a yacht you insure it. This is obvious and straight forward. But what about insuring against hidden risks that you can’t see? There are people out there ready […]

Plug that Hole! Dealing with a Data Breach

– By Susan Hallam Every business has a legal responsibility to keep both the data it holds about individuals as well as confidential business information secure.  But despite your best efforts, things can go wrong. So what should you do if you have a data breach? Whether the data has been leaked a result of a […]

Don’t Get Caught Out

– By Shirley Barnes It might be well-intentioned, but some employment legislation poses a real risk to businesses on a number of levels. Consider, for example: The time taken up by keeping up to date with the legislation An unscrupulous employee threatening litigation or being disruptive Trying to improve employee performance against a backdrop of […]

A compilation of bizarre insurance claims

“I was driving along the motorway when the police pulled me over onto the hard shoulder. Unfortunately I was in the middle lane and there was another car in the way.” “Going to work at 7am this morning I drove out of my drive straight into a bus. The bus was 5 minutes early.” “I […]

The Risk Genie

– By Andrew B Morris If there’s one thing we can be sure about over the coming year, it is that the business climate will remain uncertain. Our attitude to risk is often the most divisive issue to emerge in the board room. The fear of failure, of damage to reputation and wealth freezes us […]

Attraction or Distraction? – by Jo Haigh

When business is tough, as it is now for most people, the sound business advice is to go back to basics and keep your core business intact. Sage advice indeed but what do you do if your core business is in fact beyond recovery or you are no longer inspired to ensure it does recover? […]

The Beginning of the End of Blame by John Cremer

One highly valuable element of improvisation practice is the idea that it is impossible to do it wrong. This principle creates an environment that promotes creativity and invites risk taking. The essence of improvisation is that it embraces whatever takes place in the moment. An alert improviser will gleefully seize upon any anomaly, stumble or […]

Leaders find the balance by Paul Bridle

What is the first thing we learn after we are born? If you think about it, the first thing we learn is ‘balance’. From keeping our head up on our shoulders to sitting up, feeding ourselves or walking, the first part was getting the balance right. And it never stops really. If you want to […]

Taking a Risk – by Brian Chernett

Once you have your outcomes and goals clear, you move to taking action to achieve them. The most desirable outcomes often involve risks. Successful people take action wherever they are, whenever the opportunity arises. I can remember when I was about fourteen or fifteen years old and at a dance, sitting down but really wanting […]