Learn from others in the past to Succeed
Success isn’t something that happens on accident – you need to learn from others in the past to succeed and work hard to achieve that success. Running a company requires the ability to look outside the business for solutions, ideas, and best practices. Borrowing best practices from other businesses and industries can dramatically improve your small business.Take the time to learn the ingredients of success and your business will excel in good times and bad.
One of the characteristics of successful firms is that they actively learn from others. But to be successful at doing this requires more than just identifying and borrowing best practices; it also requires adaptation to your culture and full adoption by your leadership. Without paying attention to these two steps, it is unlikely that best practices will actually be put into practice.
The following articles are a way we “pay it forward” for what we’ve learned from others in the past:
- Are Black Swans Really Unknown Unknowns?
- Run Pre-Mortems To Assess Impact Black Swans
- The Silence Of Black Swans
- Black Swans Defeat Modern Risk Management
Building Business resiliency
- Do Not Resist A Crisis: Yield To Command and Accommodate
- Surviving And Thriving In A Whirlwind Of Volatility
- Focus on Resilience, Not On Avoiding Risk
- What Makes A Business Model Robust
Modern tail risk management Methods
Managing extreme risks
- Financial Risk Management of Disruptive Events
- Fractal Risk Management
- Managing The Unthinkable Tail Risk
- Tail Risk Management Embraces Disruption
- Group Thinking and Risk Management
- Tail Risk = Senior Leadership Still Does Not Get It
- Financial Risk Management: Science or Art?
- Why Do I Keep Hammering About Tail Risk Management