Improving business performance with BusinessRiskTV.com
Taking risks is critical for heightened business success. Too much or too little risk taking exposes an enterprise unnecessarily or restricts business performance unwittingly. Missed opportunities can be as expensive as massive business losses.
New Business Strategies Are Increasingly Important To Be More Successful For Longer
Strategic foresight consultants can help business leaders and entrepreneurs to make a success of their business regardless of the business environment. They inform the decision making process to reduce uncertainty and improve productivity.
Business Threats and Opportunities Live
Understand the threats and opportunities in front of you. Make decisions now to protect your business better and grow it faster. Identify evaluate and manage risks to exploit the creative insight of your existing employees to become more productive and more successful.
BusinessRiskTV Risk Partners
BusinessRiskTV works with partners and clients to maximise the opportunities and minimise the threats to business objectives.
Solve your business problems faster with BusinessRiskTV.com
Answering your workplace and business protection and growth questions
SME entrepreneurs and business leaders face many barriers to business resilience and sustainable business growth. Our business management experts help you overcome barriers to business success.
Find out for free how to protect your business better and grow it faster.
From SME finance to making SME borrowers more attractive to financers including banks.
Ask questions about your energy bills and tariffs and how to switch to a better deal.
Develop a new strategy for faster sustainable business growth in the UK and overseas.
Small and medium sized business owners and managers can find out business solutions to their problems for free on BusinessRiskTV SME Business Question Time workshops.
Get expert advice tips and support for your business in UK. Pick the brains of other business leaders to garner the secrets to their successful SME business project. We put the questions you really need answers for to business management experts so you can overcome barriers to your success more quickly without reinventing the wheel.
No one person can answer all your questions relating to your business problems so we ask along specific industry or country risk experts to help your business address real-life issues restricting your success.
BusinessRiskTV Business Agony Uncle
Do you have a business or SME related query you need an answer for?
Get in touch and we’ll put together a panel of business experts to answer your questions for free. Complete the form below to set the questions we wil find answers to in coming Business Question Time Online Workshops.
Keep up to date with latest global risks that could impact on your business objectives with BusinessRiskTV
How can business leaders inform knowledge about global risk events that could impact on business decision-making?
Register for business risk management reports and risk management newsletter. Want to understand how risk could impact on your business? Get the latest business risk management reports and risk analysis reviews from BusinessRiskTV.
Understanding global risks is important for all business leaders. Identifying and assessing the global risks is not a once a year task.
Existing risks will morph into bigger risks to your business
Small smaller risks will combine to create an aggregate risk that could even threaten the survival of your business.
Emerging risks not obvious at the time of the report, could subside and just be accepted or they could gather momentum and threaten business objectives.
In addition the risks that could threaten some businesses could present an opportunity for your business to grow faster but if you miss the start of the opportunity you could miss the boat entirely or fail to maximise the potential rewards from the opportunity.
Unlike other less dynamic reporting systems companies or entitys BusinessRiskTV will provide you with regular risk reports to help you manage enterprise risks more proactively to mitigate threats to your business better and seize new business development opportunities earlier.
In short, BusinessRiskTV is less about looking back and offering expert risk reports with hindsight and more about looking forward with more dynamic forecasts backed up with practical risk management solutions for both the upside and downside aspects to global risks as it affects your business wherever you are in the world.
Filtering the global risks noise for your business
BusinessRiskTT will reduce the effort required to identify what your business needs to do next after assessing the magnitude of the risk to your country or industry in easy to understand language.
How to grow a company successfully with BusinessRiskTV.com
Could you manage your business risks better? Do you know what the key threats to your business are and how to manage risks better? Maybe more cost effectively? Could you grow your business faster? Inform you decision making with BusinessRiskTV business risk management articles videos and online broadcasts.
Evaluate If Your Business Is Ready
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Common business risks facing your business could be managed better. Learn new ways to manage risk more productively with more certainty.
Running a business can be very satisfying but it can also be dangerous for the health of your finances! Potential risks will present ways to threaten business survival or reduce profitability. Other risks may present opportunities to grow faster. Both types of risk need to be managed to maximise your success both personally and corporately.
The business environment sets the scene for successful businesses it does not dictate your success or failure
Anyone can cross their fingers and hope for success but clever business leaders don’t leave their success to luck!
Drive Your Business Forward With BusinessRiskTV.com
Not everything is going to go well no matter how hard you plan things. Life often gets in the way of the best business plans! In the real world you have to take calculated risks to achieve more than the next business leader who is risk averse.
How do you get the enterprise risk balance right though?
There are many ways to get the right enterprise risk management ERM balance right. First of all you need to know where you are now and how much of an appetite for risk your key decision makers have.
Once risk appetite and risk tolerance are clear then the culture of risk management can be tailored to strike the right risk management balance for your organisation.
How to identify manage and control the effect of risk on your business objectives
Some risk has to be accepted. How much? What is not acceptable has to be managed. How will risk is managed will dictate how sustainable your business will be in future as well as how successful it will be.
Promote and market your business on BusinessRiskTV for 12 months
Find out how to promote your business locally and globally on BusinessRiskTV CLICK HERE or email editor@businessrisktv.com
Put your products or services in front of new buyers more innovatively and cost effectively
Link into your existing sales process direct from BusinessRiskTV. Increase your revenue more profitably and sustainably. Increase your revenue streams. Grow your business faster with BusinessRiskTV.
Understand what your key threats and opportunities really are with BusinessRiskTV
Take The Courage To Embrace Potential Failure Of Business
You Control the Solutions to Your Business Problems: Exploring Creative Thinking and Problem Solving in Business
In the dynamic landscape of business, problems are inevitable. From operational inefficiencies to market challenges, businesses face a myriad of obstacles that require strategic thinking and effective problem-solving skills. The ability to identify, analyse, and resolve these issues is crucial for organisational success and growth. This article explores the significance of problem solving in the business realm, delving into the BusinessRiskTV model as a powerful tool for addressing challenges. Furthermore, it highlights the role of creative thinking in problem solving and provides three practical ways businesses can leverage creativity to overcome obstacles.
Understanding the Solution to Business Problems Before diving into the solutions, it is essential to grasp the concept of business problems and their significance. Business problems can range from operational bottlenecks to strategic dilemmas, and their resolution plays a vital role in maintaining competitive advantage and ensuring sustainability. By identifying the root causes of problems and employing appropriate problem-solving techniques, businesses can create innovative solutions that drive progress and success.
The BusinessRiskTV Model of Problem Solving The BusinessRiskTV model offers a structured approach to problem solving, enabling businesses to navigate challenges effectively. This model involves six key steps: problem identification, analysis, solution generation, evaluation, implementation, and review. By following these steps, organisations can systematically address problems, ensuring comprehensive and sustainable solutions. The model encourages a proactive mindset, emphasising the importance of continuous improvement and learning from past experiences.
The Importance of Solving Business Problems Solving business problems holds numerous benefits for organisations. Firstly, it helps optimise operational efficiency by identifying and eliminating inefficiencies, reducing costs, and improving productivity. Secondly, problem solving enables businesses to adapt to changing market conditions, seize opportunities, and stay ahead of the competition. Furthermore, effective problem-solving fosters a culture of innovation, empowering employees to think critically and contribute to the organisation’s growth.
Leveraging Creative Thinking in Problem Solving Creative thinking plays a crucial role in solving complex business problems. By encouraging fresh perspectives, challenging assumptions, and exploring unconventional solutions, businesses can unlock new possibilities and generate innovative ideas. This section explores three key ways in which organisations can utilise creative thinking:
a. Divergent Thinking: Encouraging brainstorming sessions and open discussions enables teams to generate a wide range of ideas. By embracing diversity and inclusivity, businesses can tap into the collective wisdom of their workforce and uncover unique solutions.
b. Design Thinking: This human-centered approach emphasises empathy, understanding, and collaboration. By immersing themselves in the customer’s perspective, businesses can develop innovative solutions that cater to their needs, preferences, and pain points.
c. Reverse Thinking: This approach involves challenging the status quo and flipping the problem on its head. By questioning assumptions and exploring alternative perspectives, businesses can discover fresh insights and uncover unconventional solutions.
Solving business problems is an imperative aspect of organisational success. By embracing the BusinessRiskTV model and incorporating creative thinking, businesses can take control of their challenges and pave the way for innovation and growth. The ability to identify problems, analyse their root causes, and generate effective solutions enables organisations to adapt to dynamic market conditions and gain a competitive edge. Moreover, by fostering a culture of creative thinking, businesses can unlock new perspectives and ideas, fueling continuous improvement and long-term success. Ultimately, the power to control the solutions to business problems lies within the organisation itself, and by leveraging their resources, knowledge, and creativity, businesses can overcome obstacles and thrive in an ever-evolving business landscape.
Know with more certainty what your business could achieve if it makes some changes.
Use risk management experts to help you make right choices
Once you know what your biggest business problems are you can identify how to best use limited business resources to reap the quickest gains to achieve greater business success more quickly.
Too often people in business at all levels of the organisation are working extremely hard. This can be a problem because they can burn out whilst solving problems that do not matter to the achievement of key business objectives. Solutions include employing more staff to work on the same minor business problems then business leaders wonder why they are spending more without any increase in business productivity and no business performance improvement.
Improving business performance requires better use of existing key business assets for a better return in your investment of time and money.
Develop the quality and capacity of your workforce to achieve more for themselves and the business
Training employees to help themselves will help your business achieve its objectives by overcoming the biggest business problems more easily with existing resources.
Get Help To Grow Your Business Faster – BusinessRiskTV.com
If you can answer this question immediately and with near absolute certainty then you should be performing pretty efficiently already. If not why haven’t you taken steps to remove barriers to your greater business and personal success?
Develop a new business management strategy with a new decision making process designed to help you identify evaluate and manage your biggest business problems more cost-effectively. If you can’t tell us what your biggest problems are in a very short summary of the key information then you haven’t truly identified your biggest critical business problems impacting on your business objectives.
Discover How To Beat The Competition In Sales
You could develop a new business strategy for success that is less complicated, cheaper to implement and brings greatest rewards if you change your thinking about business management.
This could be a pivotal moment for your business
You either know exactly what you need to do today to change your business trajectory or you may need a little outside help. BusinessRiskTV can provide that help. If you do not need help we wish you well for the future. If you do need help get in touch below and tell us what you need help with.
Business Risk Management Help Tips Advice Support
BusinessRiskTV Pragmatic Practical Business Solutions For Your Biggest Business Problems
BusinessRiskTV offers business leaders the opportunity to ask questions that are answered directly by risk experts around the world
Join our business risk experts to help your business grow faster with less uncertainty. We welcome questions from business leaders or risk professionals. Ask our our business experts about business threats and opportunities to improve your business performance.
Subscribe to BusinessRiskTV Ask The Business Experts for free alerts to upcoming expert panels and bulletins summarising recent events
Ask our panel of business risk experts give their top business tips on a range of risk management topics to help you run a better business.
Improve your business performance to be more successful. Looking for answers to specific business problems? Ask our panel of business experts.
Get business protection answers to build your resilience to all corporate risks. Find new business growth strategies to become more successfully personally and corporately. Fast track your business past common barriers to business success.
We are looking to answer your business questions quickly easily and for free. Small and medium sized business leaders solving all business problems with the help of business risk experts and other members who’ve already solved your problem.
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BusinessRiskTV members. Submit your business questions for our panel of business risk management experts to respond to. It is free to become a BusinessRiskTV.
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Its about connecting business leaders to local suppliers more easily
Local Suppliers Near Me Service
Local Suppliers Near Me
The benefits of local sourcing of business products and services are many and varied from environmental benefits to real cost savings to security of supply lines to flexibility of delivery.
In the UK it is more expensive to import goods and services from overseas due to around a 10 to 20 percent fall in the value of the pound against a basket of foreign currencies in the last 12 months. Where there may have been a substantial price difference between imports and domestic suppliers, this has mostly gone as can be witnessed by the fact that the UK is exporting more now that at any time since 1995.
BusinessRiskTV is championing local UK suppliers
We’re helping to connect UK companies with nearby local suppliers when business leaders source new products and services.
Stand out more from the crowd! Support UK businesses. Help promote local business growth by supporting your local business. Get real added benefit from new local suppliers and support them to help your own business needs. Help new local suppliers to grow with you for a long-term business relationship. Develop a more sustainable business model.
Sourcing products from around the world can lead to more cost and more business interruptions and less flexibility in meeting your customer needs.
Develop shorter local supply chains to build your business with more certainty. In a new Brexit world developing more local suppliers will guard against the negative impact of currency fluctuations.
Undertake thorough due diligence to ensure your new local suppliers are not going to increase the risks to your customers. Trust BusinessRiskTV to help you buy local next time.
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
Learn how to become one of our Local Suppliers by subscribing FREE to BusinessRiskTV
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Nearby Risk Management News Analysis ReviewsReducing the risk of supply chain disruptions with BusinessRiskTV.com
Discover innovative ways to grow your business faster with less uncertainty with BusinessRiskTV
Want help with your business growth strategy?
What is the key to business success for your company
Key To Faster Business Growth
If you do not grow you may not survive
Most businesses lose business for existing customers. You can lose revenue from existing customers for a variety of reasons not all within your control. You are business could die a death of a thousand cuts. Gradually losing many customers over long period of time.
To survive and prosper you need to grow your customers. Either more income from existing customers or find new customers to sell more to. What is your strategy for business growth?
The right key for your business may differ slightly from the key that works for another business. BusinessRiskTV can help you find the right key for driving your business performance to greater business success.
Let us help you tell the world about your great business products or services
The risks that surround growing your business faster can be as daunting as the risk of an event interrupting normal existing business activities. Our holistic risk management approach will manage upside and downside risks better to help upgrade and expand your business with more confidence in your decision making. Improve the outcomes from your preferred business choices.
We can help you get it. We know you are passionate about growing your business. We are passionate about helping you grow your business faster.
We’ll help you ask the right questions of your business and help you find the answers. More than that we will help you implement the actions needed to make your business more successful.
Connect with business leaders and like-minded business innovators locally and globally with BusinessRiskTV
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Join global network of risk management professionals to help yourself and others manage enterprise risks better.
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Business leaders collaborating online to grow business faster with more certainty
Could business leaders be more creative? Are we missing ways to grow a business faster? Are you prepared to share your resources for mutual growth and mutual benefit?
Do you recognise the amazing business opportunities there are out there? Could you seize the day with a little help from others?
Learn how BusinessRiskTV could help you and your business. Subscribe free to BusinessRiskTV to receive free email alerts to opportunities to grow your business faster.
Informal professional networking service with BusinessRiskTV
Use your time more productively and invest it more profitably in your business
Business Tips Advice Support
Share Business Data and Business Intelligence
Share business information. Exchange business ideas and tips. Collaborate on business development and growth projects.
Collaborate To Achieve More For Your Business
Business people and entrepreneurs meeting online to develop business relationships and to understand business risks better.
Develop your business leadership skills with BusinessRiskTV
The importance of leadership in business is either underestimated or played down. Your team or business functions will operate in line with the inspiration you create or fail to create. Zombie businesses can survive in most business climates, but few will thrive in the business marketplace without good leadership, either from the top, or from middle managers who pick up the baton where the actual leaders have dropped it.
However a great business needs a great visionary. Most visionary’s are made not born. That’s the good news! The bad news is that few business leaders seek to create a vision for their business that everyone else can buy into.
Whats worse is that few businesses invest sufficiently in developing future business leaders
There are many reasons for this. For some businesses, existing business leaders fear training those below them in case they walk away from the business to competitors or to become a new competitor business.
One way to overcome this fear is to share the rewards developing leaders bring to the business and not be too greedy over short term spoils of new business generated and instead look to the long term benefit of fairly rewarding key business team members.
All hugely successful organisations and businesses need effective leaders
To become a great business leader requires much more than technical business skills that say accountants and lawyers may have. Great business leaders have bundles of emotional intelligence to bring in everybody into improve business performance not just the Board.
Top business leaders are not always brilliant business managers. You can be an amazing business manager, but may never be a business leader. Often great business leaders are not in management positions. Their talent is wasted cause they never get into a position to fully express themselves for the benefit of the business as a whole and themselves.
How do you find the business leaders in your business and bring business leaders together to focus on sustainable business growth?
Enterprise risk management methodology will help in this regard. Many SMEs and large businesses can benefit from developing the leaders who will guide us to a better future.
A look at the business news headlines in most week’s will reveal examples of bad business leadership. W need to help educate business leaders better to reduce frequency of bad business events and increase the occurrence and size of business successes. How we get there does not matter too much, but too often we don’t.
Find ways to grow faster and protect your business better
Make better decisions today. Overcome tough decision-making issues faster. Make your team follow you. Lead by example but make sure everyone in your team is engaged you yours and their future.
Protect and build your reputation with BusinessRiskTV
Why You Need To Protect Your Business Reputation
Protect your business better. Maintain business growth. Expand your reach. How badly have you acted in the past and how do you want to be viewed in future.What if you have not acted badly but have been accused of acting badly. How can you better protect your business reputation and business value.
Your greatest asset is the reputation of your business name or brand. Managing corporate reputation can seem easy, but it’s not always within your control. Sometimes damaging limitation needs is the best outcome. Take the best action to mitigate damage.
Strategies to improve business performance with BusinessRiskTV.com
Business performance advice. Learn how to improve your business performance with BusinessRiskTV. Looking for ways to improve your business performance? Pick up business improvement ideas. Find out to improve business sales.
Improve your risk knowledge to solve business problems today and in future
BusinessRiskTV Performance Improvement offering helps your business increase performance by improving the efficiency and effectiveness of your company’s key business activities
Develop a new strategy to improve your business success. Learn how to improve business performance quickly and more profitably. Become a more innovative business and attack your competitors market share. Change your strategy to win more business and protect what you have. Grow your business faster with less uncertainty.
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Put your customer success first and in the process focus on your own business performance improvement. If you want to increase the productivity of your business we can help you focus your existing resources to improve business performance.
Sometimes business owners want to improve their business but are not sure how to. Access tips for improving your business performance.
Develop your knowledge you need to fine tune your organisation so it performs at its best day in day out enterprise wide with an holistic risk based approach to business decision making.
High levels of employee engagement in an organisation are linked to superior business performance including increased profitability.
Increase Your Business Profits
How To Improve Sales More Profitably
No matter your budget there are always ways to increase your sales and grow your business faster. What are the steps to help grow your business faster? Find out more about new creative ways to boost sales in the UK. Get help to increase your business sales.
Are you a business leader who wants to
reduce complexity and simplify your critical business processes
establish an integrated risk based enterprise wide approach to management
understand internal and external risk drivers which impact on your objectives
improve the efficiency and productivity
improve management information reporting and dissemination
develop your risk management for strategic operational and project risks
Use our deep understanding of enterprise risk management to identify and implement cost saving initiatives improve sales and manage risks better.
Subscribe to BusinessRiskTV below.
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new people already interested in your type of business offering.
Find out how to promote your business locally and globally
Link into your existing online sales process direct from BuisnessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit. Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Improve Business Performance
Access tips advice support to improve your business performance by submitting the form below and enter code #IMPROVEBUSINESSPERFORMANCE. By submitting the form you agree to submitting your info to BusinessRiskTV and its business partners who will contact you regarding business improvement ideas and services.
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How To Improve Productivity In The Workplace In UK
For the UK to sustainably increase wages meet the needs of an aging population and develop business growth it needs to increase productivity by 25 percent just to match the productivity of German workers in recent times.
German workers have the same output in 4 days that it takes UK workers 5 days to produce, according to the UK Chancellor Philip Hammond in is Autumn Statement on the UK performance to date.
BusinessRiskTV
Improving Productivity In The Workplace
Increasing output for every hour of input
To improve productivity, the UK needs to produce more from every effort put into a business or enterprise. The UK government needs to play its part including boosting internet broadband availability and speeds, improving road rail and air transportation, as well as increase spending on other infrastructure improvements. However every business needs to work out what it needs to do to get more output from the same resources.
Poor sales growth domestically and internationally, reliance on cheap particularly foreign workers(most of UKs new jobs created over recent year have been foreign workers), and a lack of investment in training of employees is a big part of the UK Plcs poor productivity. Another significant part is the lack of engagement of existing assets the existing workforce. Business enterprise leaders have not involved the whole workforce in business decision-making. Every business has talented workers who know how to solve business problems and improve productivity but business leaders have not taken a holistic approach to productivity improvement. Where a business has poor productivity it is because not everyone is on the some bus to achieve a common destination. The solution is to engage the workforce more in business decision making process.
How do you improve your business productivity
The public sector also needs to do more with less, in an age of austerity. The UK needs to somehow get more out of every available resource invested in public services.
BusinessRiskTV will help you get everyone on the same bus!
BusinessRiskTV will use business enterprise risk management tools and techniques to engage your workforce to improve business productivity and overall performance.
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How efficient is your business?
Have your investments in people and other assets produced as much as possible? Could you produce more with your existing resources? Could you more cleverly focus your money and time on efforts that will bring greater corporate and individual rewards?
Enterprise Wide Risk Assessment For Faster Business Growth With Best Use Of Business Assets
Or are you working hard at working hard
Few business leaders and their employees don’t work hard. Hard work is required, but if you are all working hard with insignificant improvement then maybe you should ask yourself if there might be another way to make business decisions?
Find ways to grow faster and protect your business better
Effective Ways to Enhance Workplace Productivity
Find out how to boost your business productivity in the UK. Complete the form below and tell us a bit about your business and business needs.
Want your business to be as productive as possible? Pick up business tips on how to get the most out of your existing resources from your peers and from business management experts in your country, industry or business focus.
The time for looking for cost savings has passed. It is now time to look for ways to increase value produced by your business.
Is your business a Zombie business. Not alive just existing?
Is your business a dead-fish that you are blaming on being in a stagnant pool, when there is plenty of life in your area of expertise but you just can’t find business growth?
Do you need practical steps you can take today or tomorrow that will increase your business opportunities?
How can you improve the workplace culture without increasing wages immediately?
How can you motivate your employees to be more productive and therefore produce a more profitable workplace?
Our approach to improving productivity in the workplace is not to just talk about improvement but to help create business growth
We will help you improve effective communication across your organisation to help all employees to perform better.
Develop a more positive risk management culture to increase productivity.
Positive Risk Management
BusinessRiskTV Improving Business Enterprise Productivity
Business management consulting with BusinessRiskTV.com
Pick up business tips and business growth advice with BusinessRiskTV. Achieve more with your existing business assets. Focus those assets on growing your business faster. Fulfill your business growth vision with less uncertainty.
Get help to achieve your ambitions for your business.
Are you looking to grow your business more sustainably?
Unleash your potential growth. Become a faster growing UK business that doesn’t need extra capital to drive future success. We offer support and mentoring to develop a new business growth strategy for your business. Network with like minded business leader.
Read citizen journalist articles and watch citizen journalist videos online
If you have got a great story to tell we will be the megaphone to get you heard more often!
Develop new income locally and globally
Sell more to people and businesses on your doorstep and dip your toe into the export marketplace on the back of a low value pound which could be making your products and services more than 10 percent cheaper abroad.
Marketplace Consultants Helping Online Selling Partners Grow Their Business Faster With BusinessRiskTV
Access business intelligence guidance and risk management experts who can provide the business risk knowledge and experience to help you seize new business opportunities.
Business Exhibitions and Conferences
Take part in business development workshops to mitigate business risks and improve business performance.
Virtual Exhibition Platform To Showcase Your Business Products and Services To Buyers Already Interested In Your Type Of Business Offering
Business Magazine Articles
Write about what you know – your business! By writing about your business products and services, you develop your brand and help potential new customers to understand why they should buy from you and not one of your competitors.
Enterprise Risk Management ERM Magazine
Inform your business decision making process with risk based articles. Watch business management videos online for free. See experts risk analysis for your country or industry.
Develop your risk insight and business intelligence.
Boost your business performance.
Align your risk taking with your appetite for risk
Join our network of business leaders and risk experts
Making better business decisions with BusinessRiskTV
UK Business Growth Opportunities
Business leaders need confidence in their decision making and entrepreneurial thinking to find new business opportunities.
Positive Risk Management
Look at the world through an improving business and economic environment. The UK is strong and set to get stronger
Supporting Entrepreneurs and Intrapreneurs
Are You an entrepreneur of business leader who is procrastinating or fearful of the future
The UK has the skills and ability to be greater than it is right now
Don’t listen to the doom-mongers! The UK has more opportunities to grow faster than it has had in front of it for decades. Don’t look back at today and think, “I wish I had seized the day”. The time for waiting is over. Today will be the past and your great historic past is for the making now!
Business Leaders Need To Cut Their Cloth Accordingly
Are there huge economic uncertainties just now?
Of course! When haven’t there been significant uncertainties for business? However, should we wait before investing time and money in our future? Absolutely not! This is the time for sowing the seeds of your future success. Businesses in the UK have so many opportunities for growth.
Where are the growth opportunities ?
Well have you looked properly! They are there. Your competitors may have spotted them. Look and you shall find!
Too much noise and not enough action!
Everybody is busy, but being busy doesn’t mean to say you’re in the growth business. Are you working hard but standing still? Have you got the talent, the assets and the ambition but not the results you’d hoped for?
The UK was built on innovation and hard graft, but in the recent past, we’ve been grafting too much and not innovating enough. The UK’s business leaders need to think smarter, not just work harder.
I could do with some help here mate!
Talk is cheap! I hear you! However, talking with like minded innovators who want to move to the action phase quickly might produce new business growth for your company.
Do most business leaders want the same thing – growth? Presumably none want to down-size. Many are happy to stay the same, though few businesses can survive by staying the same.
Many of your peers are happy to share ways to overcome barriers to business survival and business growth. No one person knows it all and even if they did, what they learnt would soon be out of date. Unless you keep up to date with best practices and evolving methods of working, you are going backwards behind competitors.
Sometimes we need to be inspired by the actions of others
Olympic competitors are inspired by the achievements of other Olympians. They may be at the top of their game, but they can still be inspired by the success of their peers.
Balanced Enterprise Risk Perspective
Are you taking too little or too much risk? Poor business performance can come from too much, or too little risk.
Getting access to the horse’s mouth
If you don’t know – ask for free! It is highly unlikely that your business problems are totally unique. They might be unusual and have a different impact on your business, but the solution to your business problems have almost certainly already been found at another business somewhere in the world.
It is important to get risk into the right perspective. If you don’t know enough about your enterprise risks, it is possible that you are being overly cautious. Alternatively you might be acting (or not acting) recklessly, and are on the edge of catastrophic disaster, due to lack of risk knowledge. Are you deliberately not asking questions cause you might not like the answers?
Are you an entrepreneur or business leader who is procrastinating?
Become a Risk Management Online member to access enterprise risk management collaboration for faster business growth and better business protection.
10 Essential Habits to Nurture and Develop as an Entrepreneur
Becoming a successful entrepreneur requires more than just having a great business idea. It involves nurturing certain habits that can help you navigate the challenges and uncertainties of the entrepreneurial journey. In this article, we will explore ten essential habits that aspiring entrepreneurs should cultivate to foster personal and professional growth. By incorporating these habits into your daily routine, you can enhance your entrepreneurial mindset and increase your chances of success.
Embrace Continuous Learning. One of the key habits for nurturing an entrepreneurial spirit is a commitment to continuous learning. Successful entrepreneurs understand that knowledge is power, and they never stop seeking opportunities to expand their expertise. They read books, attend seminars, listen to podcasts, and engage in online courses to stay updated with the latest industry trends and developments. By fostering a thirst for knowledge, you can make informed decisions, adapt to changing circumstances, and position yourself as an expert in your field.
Cultivate Resilience. Entrepreneurship is a challenging endeavour, often marked by setbacks and failures. To navigate through these hurdles, it is crucial to cultivate resilience. Successful entrepreneurs view failures as learning opportunities and bounce back stronger. They develop a positive mindset, practice self-care, and surround themselves with a support network that encourages them during tough times. By embracing resilience, you can overcome obstacles, stay motivated, and persevere on your entrepreneurial journey.
Foster Creativity. Creativity is at the heart of entrepreneurship. To nurture your entrepreneurial spirit, make creativity a daily habit. Allow yourself to think outside the box, challenge conventional wisdom, and explore new ideas. Engage in activities that stimulate your creativity, such as brainstorming sessions, mind mapping, or artistic endeavors. By fostering creativity, you can generate innovative solutions, differentiate yourself from competitors, and seize new opportunities.
Practice Effective Time Management. Time management is crucial for entrepreneurs who juggle multiple responsibilities and tasks. Develop habits such as setting clear goals, prioritising tasks, and utilising productivity tools. Identify your most productive hours and allocate them to the most critical activities. Additionally, delegate tasks and outsource non-essential activities to free up your time for strategic decision-making and growth-oriented pursuits. Effective time management will enhance your productivity, reduce stress, and enable you to make the most of each day.
Build a Strong Network. Successful entrepreneurs understand the power of networking and relationship building. Cultivate the habit of attending industry events, joining professional organisations, and actively engaging in online communities. Surround yourself with like-minded individuals, mentors, and potential partners. By building a strong network, you gain access to valuable resources, receive guidance from experienced entrepreneurs, and open doors to new opportunities.
Develop Effective Communication Skills. Effective communication is vital for entrepreneurs, whether it’s pitching ideas to investors, collaborating with team members, or connecting with customers. Practice active listening, articulate your thoughts clearly, and develop strong interpersonal skills. Embrace different communication channels, including public speaking, writing, and digital platforms. By honing your communication skills, you can convey your vision persuasively, build strong relationships, and inspire others to support your entrepreneurial endeavors.
Embody Adaptability. In today’s fast-paced business environment, adaptability is essential for entrepreneurial success. Develop the habit of embracing change, seeking feedback, and staying flexible in your approach. Be willing to pivot when necessary and adjust your strategies based on market trends and customer feedback. By embodying adaptability, you can stay ahead of the curve, seize emerging opportunities, and navigate through uncertain times with confidence.
Prioritise Self-Reflection. Entrepreneurs often get caught up in the daily grind and neglect self-reflection. However, taking time to evaluate your progress and introspect is crucial for personal and professional growth. Cultivate the habit of journaling, meditation, or mindfulness practices. Reflect on your accomplishments, challenges, and areas for improvement. By prioritising self-reflection, you gain clarity, make better decisions, and develop a deeper understanding of yourself and your entrepreneurial journey.
Embrace Risk-Taking. Entrepreneurship inherently involves taking risks. To nurture your entrepreneurial spirit, develop a habit of calculated risk-taking. Understand the potential rewards and consequences of each decision, conduct thorough research, and trust your instincts. Learn from failures, iterate, and adapt. By embracing calculated risk-taking, you can uncover new opportunities, gain a competitive edge, and propel your entrepreneurial ventures forward.
Practice Resilience. Resilience is the ability to bounce back from setbacks and challenges. As an entrepreneur, it is crucial to develop resilience as a daily habit. Surround yourself with a supportive network, take care of your physical and mental well-being, and maintain a positive mindset. View failures as learning experiences, embrace challenges as opportunities for growth, and persevere in the face of adversity. By practicing resilience, you can overcome obstacles, maintain your focus, and ultimately achieve long-term success.
Nurturing an entrepreneurial spirit requires the cultivation of specific habits that foster personal growth, resilience, and adaptability. By embracing continuous learning, cultivating resilience, fostering creativity, practicing effective time management, building a strong network, developing effective communication skills, embodying adaptability, prioritising self-reflection, embracing risk-taking, and practicing resilience, you can enhance your entrepreneurial mindset and increase your chances of success. Incorporate these habits into your daily routine, and watch yourself grow into a successful and thriving entrepreneur.
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