Managing risk amid COVID-19: Part 3

Managing risk means more than protecting value. It is about creating value through viewing risk management as an aid to building credibility and achieving sustainable growth. In parts 1 and 2, we saw risks being managed through Treatment and Transfer. In this article, we will now look at risk Termination and Tolerance as the other

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One page strategic plan

Simplicity is gold. Anyone can make any subject complicated. The real winners are folks who simplify things. Look at how Apple made music subscription and streaming so simple. You enjoy any music and your subscription is hustles. You have the option to subscribe per year, and it can auto-renew if you are someone who focuses

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What is your aspiration or vision?

 “Freewheeling opportunism” is used to refer to people who lack definitiveness of purpose and direction for their lives or career. When you lack a vision or life’s purpose, you are said to be someone who does not focus as you keep hopping from one thing to another. You move with easy things that may come

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Risk assessment Part 2: Check before you climb!

Growing up as a young boy, blue-headed lizards could easily be often be seen around our home. It was fun. We would find them on walls of houses, tree branches, in gardens, on stones, and along footpaths. One afternoon, as I sat with Mom under a tree shade in our courtyard, a blue lizard climbed

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Car brakes and Risk Management.

Last week, we held a risk management workshop for one of our key clients. As one of the facilitators, I had to simplify “Risk management” a rather technical term to a non-technical audience. I decided to ask a question. “Why do cars have brakes?”, I asked. Initially, it seemed to be an odd question given

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