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How to Compare the Main Examples of Business Risk Management?

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Any risk in business introduces a certain level of uncertainty. An organisation’s approach to risk will be determined by its inherent risk appetite. However, regardless of this fact, a standardised Risk Management approach can be a valuable process-based method that removes some or all uncertainty of change with managing business risk. As an organisational leader, … Read more

How to use Business Risk to Seize New Growth Opportunities?

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Business risk is an integral part of business growth, as it allows organisations to pursue new opportunities. The higher the risk level, the greater the potential reward. Organisation’s face a variety of business risks that are both predictable and unforeseen situations that can threaten its ability to achieve their goals and objectives. If these risks … Read more

Why the Cash Conversion Cycle (CCC) adds Value to your Cashflow Strategy?

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The macro-environment is affecting Working Capital efficiency today and simultaneously why Working Capital Management is crucial to your business success. In 2023, we are currently facing a period of economic change unlike many of us have experienced for many years – rising interest rates, rising cost-push inflation, increased capital costs, rising operating costs, supply chain … Read more

Why Risk Management is Important to Achieving Organisational Goals?

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Every organisation should implement strategic Risk Management to both identify and contain threats to its business model. Risk Management is a fundamental part of organisational planning and provides a protected environment to distinguishing risks inside a business and creating a risk methodology to mitigate or eliminate those risks. The deployment of an effective Risk Management … Read more

How to Design your Organisational Change Management Strategy?

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Changing business trends requires your Executive Management Team to modify significant or insignificant aspects of their business model, such as infrastructure, technology, resources, internal processes, etc. While it is progressive thinking to introduce and continually revise business models due to disrupted change, Organisational Change Management leads to many instances of unfavourable consequences for employees and … Read more

What are the Challenges to Organisational Change Management?

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The true purpose of Organisational Change Management is to continuously make progress towards improving the future state of the enterprise. An enterprise can be modified in several external and internal ways, but organisational change refers to the alteration of structural relationships and roles of people in the organisation. This why change in the individual behaviour … Read more

How to Execute your Organisational Change Management Process?

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Many organisations are experiencing an unprecedented rate of change in their businesses, the markets they serve, the changing economic and trading conditions, internal operations, and of course their human interactions with dealing with disrupted change. But to succeed in the modern business environment, a critically important component is for businesses to develop their Organisational Change … Read more

What are the Different Types of Organisational Change Management?

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In any business environment, change is everywhere and occurs all the time. Many organisations are struggling to adapt to unprecedented shifts. Countless factors make change inevitable, but change should organically happen, since it shows that your organisation is committed to growth, productivity, and the evolution to remain relevant and competitive. But to develop an AGILE … Read more

Why Leadership is Important for Organisational Change Management?

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Change can have a significant impact on your organisation’s trajectory, but with considering the efficiency of the strategic positioning, a business needs to know “WHY” Organisational Change Management (OCM) is essential. In retrospect, 70% of Organisational Change Management initiatives fail due to a lack of proper framework to implement change and because leaders fail to … Read more

What are the Key Steps in the Change Management Process?

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Change Management is not a one size-fits-all approach, but its methodology is about reaching the ultimate target of achieving better business results. The factors leading to change may differ amongst organisations, but nonetheless the core principles of Change Management remain the same. A consistent Change Management Process helps to minimise the negative impact of change … Read more