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Full-Text Articles in Business
How To Distinguish Smart Big Moves From Stupid Ones, Paul Strebel, Anne-Valerie Ohlsson-Corboz
How To Distinguish Smart Big Moves From Stupid Ones, Paul Strebel, Anne-Valerie Ohlsson-Corboz
Research Collection Lee Kong Chian School Of Business
When top executives undertake big moves – dramatic shifts in strategic direction – their decisions can make or break a company. This paper aims to offer a methodology for cutting the risks of making a catastrophic misstep. To avoid a corporate disaster and increase the chances of a smart and ultimately successful big move the paper raises six critical questions that must be answered honestly and unequivocally by managers. The research indicates that there are five classic types of big move, each corresponding to a different position on the corporate performance curve: finding a new game; going for growth; getting …
Consensual Security Risk Assessment: Overcoming Bias, Conflicting Interests And Parochialism, Benjamin Beard, David J. Brooks
Consensual Security Risk Assessment: Overcoming Bias, Conflicting Interests And Parochialism, Benjamin Beard, David J. Brooks
Australian Security and Intelligence Conference
In a risk assessment process, insular methods of data collection and analysis may lead to an inaccurate risk assessment as stakeholders hold individual biases, conflicting interests and parochial approaches to certain risks. The article considered these issues and tested a consensual risk assessment approach that can overcome many of these issues. A staged risk assessment process was applied within an entertainment complex in the Security, and Food and Beverage Departments. Eight supervisors from the two departments participated in the study, with each participants individually interviewed on their view of predefined risks followed by the same risks discussed within a facilitated …