Good decision-making is a topic of discussion which ranks as a perennial favorite – across board and dinner tables. Managers, CEOs and Boards frequently reflect “did we get that right”? This begs the question of what does “right” mean? What do “good” decisions look like? The key to good decisions is good decision-making processes. Supporting… Read More

“For want of a nail” is a proverb, having numerous variations over several centuries, reminding that seemingly unimportant acts or omissions can have grave and unforeseen consequences. For want of a nail the shoe was lost.For want of a shoe the horse was lost.For want of a horse the rider was lost.For want of a… Read More

◦ If Warren Buffett is the king of the investment wisecrack, then his long-time business partner Charlie Munger, who died on Tuesday (Wednesday AEDT) aged 99, was the perfect straight man. ◦ The two held court at Berkshire Hathaway’s annual meeting for decades as chairman and vice chairman. Munger could be taciturn – he could… Read More

Terrific basis for conversations!

Mind the Gap, is not just for London railway platforms 😀 We help clients identify gaps between current and desired performance. By determining, the difference between business requirements and current capabilities, gap analysis builds on benchmarking and other assessments. This comparison (between where you are and where you need to be) becomes the gap –… Read More

A wet day at Hazel’s cafe this morning reminded me of one of my free apps – vulnerability is variable!

This week gave us a classic story of “ambush by a reputation risk”. … for want of a horseshoe nail.

A short story … Once upon a time, in the bustling city of New York, there was a small family-owned business named “Lighthouse Marketing”. The business was doing exceptionally well and was generating substantial profits for the family. However, the owner, Mr. James, was always concerned about the future of his business. He knew that… Read More

A short story … Once upon a time, in the bustling city of New York, there was a small family-owned business named “Lighthouse Marketing”. The business was doing exceptionally well and was generating substantial profits for the family. However, the owner, Mr. James, was always concerned about the future of his business. He knew that… Read More

How do you make tricky decisions? “Duke it out” immediately focuses on the importance of tensions between different things – in this context, between different decision criteria. For each of us, a key question is “which rules” – or, in this decision making context, what weighting is given to each criterion?

How might you make a “good” decision? Elements of General Approach A decision matrix is just one of many tools currently considered “best practice” for good decision-making. It uses a systematic approach to narrow down options, comparing choices by using a combination of weighted voting and ranking. A criteria matrix is especially helpful when: 1.… Read More

The clean up uses parking areas as a sound strategy to store debris before removal. Sound, but with some unintended consequences. Losing your “Premises”

Purists … say you ought to have already set it up “yesterday”. Pragmatists … say you ought to do it “whenever you’re ready”. Whenever you decide, there are some things to consider. 3. Consider using a criteria-based decision making approach when determining the most appropriate planning solution for you.

My favourite “risk management errors” story today comes out of the Perth Mint. Greed, arrogance and incompetence characterise a range of activities over years. https://apple.news/AmOJXFdVNQeW4MxBpK6mHTQ

OpportunityAgileBCP Pty Ltd is pleased to announce the global availability of our ongoing commission arrangements for consultants who facilitate subscriptions to our Agile Business Continuity Software as a Service Platform. Why AgileBCP Software as a ServiceWhat differentiates our globally available SaaS is alignment with “Best Practices” harmonized with International Standards. What distinguishes the approach as… Read More