Importance of decision making in business

Keys to better decision making with BusinessRiskTV

How can we make faster and better business decisions?

Use our business risk management tools and techniques to inform your business decision making.

How to improve decision-making in business

  1. Access unbiased independent business risk information in your business risk management process.
  2. Identify assess and understand your best business opportunities and threats to your business assets.
  3. Prioritise your limited resources of time and money to focus your business energy on those issues most likely to bring you success in business.
  4. Waste less time on trivial, low-risk or unimportant things related to your business objectives.
  5. Gain risk insight knowledge and business intelligence to improve your business decision-making.
  6. Make better decisions and act on what do you have decided upon quickly.

Make sure that decision-makers are accountable for their risk analysis, decisions and actions. overcome your false risk perceptions with better risk analysis and learn to stop analysis paralysis holding your business back.

Importance of decision making in business

Strategies for managing employee shortages

BusinessRiskTV Risk Jobs Search and Recruitment

How do you attract recruit and retain top talent?

What is it about your business culture or reputation that should attract more job applications? How do you engage with your employees and fulfil their career progression aspirations? How well do you communicate with your existing employees and with those whom you wish to attract to your business? What opportunities are there for your employees to learn and develop their skills whilst improving your business development?

How are you handling your talent shortage?

Have you overlooked the potential of your existing employees to fill your own skills gaps? Could you adjust your job descriptions to attract people who have the potential to grow into roll you need to fill? What could your business do in the short-term to manage what may be a short-term problem?

If you are not filling up your boat fast enough, what are you doing stop it leaking!

Many businesses under value the talent they have in their business already. The cost of replacing existing talent can include a higher salary to attract staff who leave, lost business waiting to fill job vacancies and the dissatisfaction of the employees left within the business.

  • Do you know if you have a problem of staff retention? There is a tendency for business leaders to blame the people who have left the business when the problem is how business leaders manage staff retention.
  • Do you know if you’re wages and benefits are competitive in the marketplace? A leaky boat could become a sunk boat! You may need to adjust your business priorities to prevent future issues becoming catastrophic.
  • Could better use of existing staff not only improve the business, but boost the confidence and loyalty of existing staff to stay with the business for the long haul.
  • What other changes apart from P can your business make to encourage existing staff to stay and attract talent? many people know value flexible working opportunities over higher pay and that may keep your existing staff or attract new employees.

The fuller engagement of employees in the journey of the business can pay dividends in terms of staff retention and avoidance of service quality issues.

Upskilling your workforce is essential for retaining and attracting new talent.

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You may need to change your approach if resourcing is causing business development problems. The cause of your skills gap maybe your own doing or maybe a marketplace issue. Either way your skills gap will need to be addressed if it is to stop impeding your business progress. What is your plan to fill your skills gap?

Strategies for managing employee shortages

Megaproject Roundtable Discussions & Training Sessions

Manage megaproject risks with unprecedented project intelligence analytics and protect value and outcomes with BusinessRiskTV help, tips, advice and training.

Risk Management & Project Intelligence

Managing risk in complex megaprojects with project intelligence you can achieve megaproject results on time delivery, within or even under budget, and with less uncertainty.

  • Improve your megaproject value by improving your risk management knowledge, skills and project intelligence analytics from hundreds of thousands project records.
  • Our convenient, affordable and easy to arrange megaproject risk management courses, workshops and roundtable discussions are designed to make you more knowledgeable of risk management issues and solutions in order to achieve expected project value, more easily with less uncertainty by establishing trust and transparency between the project owners, main contractors, subcontractors and suppliers.
  • Practical learning is delivered by risk management and megaproject experts with decades of experience.
  • You will learn more about key megaproject risks and how to achieve sustainable megaproject value.
  • Excellent value-for-money services provided to you and your team when we transfer to you our risk management and megaproject intelligence skills.
  • Save money on the cost of travel and accommodation. Ensure the success and value of your megaproject.
  • Take your career in project management to the next level.
  • Learn practical ways to manage megaproject risks better.
  • Use real world class systems to help you create more value with less uncertainty.

Do you want to find out more about our megaproject risk management training, workshops and roundtable discussions

Sign up for an attractive, informative and practical online course called Megaproject Risk Intelligence addressing:

  1. Best Practices for Megaprojects Risk Assessment, Management & Prevention
  2. Best Practices for Near-Real Time Megaproject Performance Monitoring & Assessment
  3. Best Practices for integration of Project Performance and Risk Management KPIs
  4. Templates and Analytics for the above

Contact Keith Lewis by scanning LinkedIn code below, or click on button below, to find out when the next online course is. Sign up for the next Megaproject Risk Intelligence course quickly safely and securely with Paypal independent third party payment application. We will never see your full payment details so safe and secure.

Are you responsible for projects and project risk management for megaprojects?

Complex mega projects achieve better for project owners and contractors if the risks of the megaproject are fully understood and the megaproject risk management solution is more holistic and less complicated.

BusinessRiskTV.com Risk Management Workshops
BusinessRiskTV Workshops

BusinessRiskTV megaproject risk management and project value intelligence courses, workshops and roundtable discussions are designed to make complex megaprojects less complicated and more certain of completion on time, within budget and to a high quality of project performance. Our aim is to enhance your risk management knowledge and build project value intelligence. You will understand megaproject risk management better to enable you to manage your mega project more cost-effectively enhancing project value for all parties.

Learn risk management skills and project management value intelligence wherever you are in the world, whatever megaproject you are to be involved in, or are already involved in. Understand the key risks and challenges to megaproject valuation. Achieve great project value with less uncertainty impacting on project outcomes.

Practical learning is delivered online by risk management and megaproject experts with decades of experience. You’ll learn more about key megaproject risks and how to protect and grow megaproject value. Excellent value for money provided when risk management skills and megaproject value intelligence developed online wherever in the world you have good internet connection. Save money on the cost of travel and accommodation. Ensure the success and value of your megaproject. Improve your skills knowledge and project intelligence while you are working. Take your career in project management to the next level. Learn practical ways to manage megaproject risks better. Use real world systems to help you create more value with less uncertainty.

Strategies to improve business performance
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BusinessRiskTV regularly hosts free risk management webcasts run by risk expert trainers for your country or industry. The risk management webcasts are free to attend from any device you normally use to access key business risk information and business intelligence. Develop your risk knowledge and business risk management skills.

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Develop your risk knowledge, business intelligence and business risk management skills with Pro Risk Manager service. Our Pro Risk Manager Service will help you explore the evolution of holistic enterprise-wide risk management in response to the ever-developing world of risks.

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Enterprise-wide risk management educational risk management webinars and risk management workshops designed to explore common challenges business leaders face every day. Solve corporate governance, business risks and compliance (GRC) issues quicker and cheaper with help from our Business Experts Hub participating in online risk management webcasts.

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More: Develop your knowledge of the benefits of holistic enterprise-wide risk management ERM by registering for our own risk management courses.

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Business Development Sales Growth with BusinessRiskTV

Expand your business with less uncertainty and more longevity with BusinessRiskTV

Your business development plan and business development strategy needs assessing monitoring and review to produce long-lasting reward for business leaders

Learn to enjoy and fully embrace business development process and the your business development goals will come. Focusing on sales increase may be your problem even if sales are increasing. Sustainable sales growth will come from the right business development process not sales increases. A whole host of reasons can be found to explain why your sales are increasing and not all of them can be sustained for long-term business expansion.

Business risks are changing faster and therefore business risk management needs to change faster to still protect a business.

More: Grow faster with a new business development plan and business development strategy.

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Use Knowledge and Business Intelligence To Give You A Competitive Edge In Life and Business With BusinessRiskTV

More: Keep up to date with enterprise risk management news opinions and risk reviews to inform your own key business decision-making process with better business intelligence and risk knowledge.

Business Experts Forum and The Marketplace To Help Business Leaders Manage Business Risks Better

how to reduce uncertainty in business
How to reduce uncertainty in business with BusinessRiskTV

Learn from the best with help from BusinessRiskTV

Our Business Experts Hub is a home for business experts with knowledge of most country and industry risks. They want to help you manage your key risks better to build your business resilience and help you grow your business faster.

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Rethinking and Re-purposing Your Business During Uncertainty

Business Experts Hub: Want a product to protect and grow your business faster? Need a service to help you manage your corporate or enterprise risks better? Looking to match with one of tens of thousands of business experts with skills and experience to overcome your business problems?

How can a business development process be improved?

Involve and engage all parts of your business in the process of surviving revenue losses and boosting new sales organically:

  • Develop a new strategy to reach more new customers to sell more profitably.
  • Seize new business opportunities to expand your business.
  • Promote sales growth and increase your profit.
  • Develop new strategic partnerships for mutual business growth.

Pick up practical business development tips or sign up for business development training on BusinessRiskTV.

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Pick the best online marketplace to showcase your business products or services with BusinessRiskTV help.

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Entrepreneurs and business leaders meeting up to explore mutual business growth with BusinessRiskTV

Connect with entrepreneurs business leaders business owners and risk management experts to find out how to solve your business problems quicker and cheaper.

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Understand your risk profile better to achieve more business growth with your existing resources.

Growth Strategy with BusinessRiskTV

Developing a growth strategy is an important task for any business looking to achieve success and expand its operations. A well-crafted growth strategy can help you identify new opportunities, target new markets, and increase your revenue streams. However, developing an effective growth strategy is not always an easy task. It requires careful planning, a deep understanding of your market, and a willingness to take calculated risks.

BusinessRiskTV is a platform that helps businesses develop growth strategies by providing them with access to a network of business experts, tools, and resources. In this article, we’ll take a closer look at how BusinessRiskTV can help you develop a growth strategy that works for your business.

What is a Growth Strategy?

A growth strategy is a plan of action that businesses develop to achieve growth and success in their respective markets. It involves identifying new opportunities, targeting new markets, and developing new products or services. A growth strategy can also include mergers and acquisitions, partnerships, and other strategic alliances.

There are several types of growth strategies that businesses can pursue, including:

Market Penetration: This strategy involves selling more of your existing products or services to your current customers or increasing your market share in your existing market.

Product Development: This strategy involves developing new products or services to sell to your existing customers or expanding your product line to attract new customers.

Market Development: This strategy involves selling your existing products or services in new markets or expanding your business into new geographic regions.

Diversification: This strategy involves diversifying your business into new markets or industries that are unrelated to your existing business.

Why is a Growth Strategy Important?

A growth strategy is important because it helps businesses achieve their long-term goals and objectives. It allows businesses to stay competitive in their respective markets and adapt to changing market conditions. A growth strategy can also help businesses increase their revenue, profits, and market share.

However, developing an effective growth strategy is not always easy. It requires careful planning, market research, and a deep understanding of your business and your market. This is where BusinessRiskTV can help.

How BusinessRiskTV Can Help You Develop a Growth Strategy

BusinessRiskTV is a platform that provides businesses with access to a network of business experts, tools, and resources. The platform can help you develop a growth strategy that works for your business by providing you with the following:

Business Experts: BusinessRiskTV provides businesses with access to a network of business experts who can help you develop a growth strategy that works for your business. These experts have years of experience in their respective fields and can provide you with valuable insights and advice.

Tools and Resources: BusinessRiskTV provides businesses with access to a range of tools and resources that can help you develop a growth strategy. These tools include market research reports, industry analysis, and financial modeling tools.

Networking Opportunities: BusinessRiskTV provides businesses with networking opportunities that can help you connect with other businesses in your industry. These connections can lead to new partnerships, collaborations, and business opportunities.

Training and Education: BusinessRiskTV provides businesses with access to training and education programs that can help you develop the skills and knowledge you need to succeed in your industry.

Developing a Growth Strategy with BusinessRiskTV

Here are some steps you can take to develop a growth strategy with BusinessRiskTV:

Define Your Goals: The first step in developing a growth strategy is to define your goals. What do you want to achieve with your business? Do you want to increase your revenue? Expand your operations? Enter new markets? Once you have defined your goals, you can start to develop a plan of action.

Conduct Market Research: The next step in developing a growth strategy is to conduct market research. This involves analysing your market and your competition to identify new opportunities and potential challenges. BusinessRiskTV can provide you with market research reports, industry analysis, and other resources to help you better understand your market.

Identify Your Competitive Advantage: To develop a successful growth strategy, you need to identify your competitive advantage. What makes your business unique? What sets you apart from your competition? BusinessRiskTV can help you identify your competitive advantage and develop a plan to leverage it.

Develop a Plan of Action: Once you have defined your goals, conducted market research, and identified your competitive advantage, it’s time to develop a plan of action. This plan should outline the specific steps you will take to achieve your goals, including the resources you will need and the timeline for each step.

Monitor Your Progress: Developing a growth strategy is not a one-time task. It requires ongoing monitoring and evaluation to ensure that you are on track to achieve your goals. BusinessRiskTV can provide you with tools and resources to help you monitor your progress and make adjustments as needed.

Developing a growth strategy is a critical task for any business looking to achieve long-term success. BusinessRiskTV can provide you with the expert advice, tools, and resources you need to develop a growth strategy that works for your business. Whether you are looking to increase your revenue, expand your operations, or enter new markets, BusinessRiskTV can help you achieve your goals and take your business to the next level.

Business Development Sales Growth with BusinessRiskTV

The Joy, Comfort and Stress-Reducing Power Of Enterprise Risk Management Webinars

BusinessRiskTV Enterprise Risk Management (ERM) Training Workshops and Discussions

Subscribe to free alerts to upcoming enterprise risk management webinars

Reduce uncertainty impacting on your business objectives. BusinessRiskTV enterprise risk management webinars help inform your business decision making. Understand fundamentals of risk based management. Learn new enterprise risk management strategies to boost resilience and growth. Be coached online with best enterprise risk management practices. BusinessRiskTV webinars tackle latest country and industry enterprise risks. What should should know today? How do you manage your business risks better.

Enterprise Risk Management (ERM) Webinar Series

Find out more about global risks to your business. Be aware of local risks. What is happening in your industry you should know about before your next big decision.

  • Get horizon scanning risk insight.
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  • Build your business intelligence.

Global and local risk experts talking online about risk matters that could impact on your business objectives.

What are some strategies you can adopt to help you navigate uncertainty in the business world

Explore the trends and challenges in your business marketplace. Develop and execute new enterprise risk management strategies to survive and prosper no matter what the business environment is.

  • An insightful business risk webinar may help you avoid mistakes others have already made.
  • Discover new ways to grow your business faster.
  • Access risk management guidance to overcome challenges to your business progress.

Know when free and paid webinars are coming up so you can join the ones that matter to your business. BusinessRiskTV members receive a discount on paid webinars.

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Find Business Mentor Online BusinessRiskTV Business Mentors Online

Enterprise Risk Management ERM Consulting and Training With BusinessRiskTV.com. Work one to one to protect your business better. Grow your business faster with less uncertainty impacting on your business objectives.

Business Mentor Online. An enterprise risk management mentor can help you change your business more quickly. An eCommerce Mentor can help you sell more online. BusinessRiskTV online business mentor helps you to manage business risks better. Practical enterprise risk management holistic solutions and specific problems solved. Members can search for and find risk management experts and business leaders to interact online with. Learn from leaders in enterprise risk management and future leaders in the industry. Joining our online networking and career development tools helps you find connect and share experiences with others locally and globally.

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Our enterprise risk management coach service provides a one to one mentor to help you identify assess and manage key enterprise risks to manage your business better.

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Enterprise wide risk assessment process and risk management consultancy and training

BusinessRiskTV is our enterprise risk management ERM hub for business experts where you can find the risk management resources you need to manage business risk better.

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Global Risk Report Discussion Analysis and Review On BusinessRiskTV

Connect with high calibre risk management mentors online wherever you are in the world. Exchange risk management ideas and best practices. Pose questions to experts from the risk country or industry you are interested in. Contribute to risk management research and development in sector or country online forums.

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Adopt an integrated approach to risk management. Create the best risk management framework and risk assessment process for your strategic operational and project needs.

Manage the impact of uncertainty on your business objectives better. Access support to build your business resilience and raise risk awareness. Manage governance risk and compliance holistically to use your business resources more effectively.

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Enterprise risk management training courses in our virtual classroom. Corporate risk management training matched to your business needs. Find the best enterprise risk management training courses for you. Whether you prefer your enterprise risk management training remotely online or in the classroom start sharpening the saw to tackle enterprise risks better. Come direct to us or use one of our enterprise risk management training provider partners. Ask us to develop an enterprise risk management training course for your business or enterprise. Manage enterprise threats and opportunities better. Develop your risk knowledge and business intelligence.

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Increase the sources of your income streams more sustainably. Grow your business faster.

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Take risks knowingly and willingly to achieve business objectives more easily. Protect and grow your business with more confidence. Improve the risk management culture in your business.

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Discover how leading risk management practices create business value and help executives make better strategic operational and project decisions.

Improve your flexibility and agility to respond quickly to risk events. Develop a proactive risk management approach to prepare for business environment disruptive forces and new business opportunities. Improve your own enterprise wide risk assessment process and enterprise risk management ERM practices.

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Are you responsible or interested in risk identification assessment and management?

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Learn what ERM is and how it can benefit your enterprise performance

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Network with top business leaders to understand your business problems and find best business risk management solutions quicker.

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Why is business risk management important? Protect and grow your business faster with less uncertainty impacting on business objectives.

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Its not about how to reduce risk

External or internal driven risks threaten your business. They also create new business development opportunities. Reducing the effect of uncertainty on your business is important.

How do you manage enterprise risks? Do you put risk into different silos like safety, insurance, cyber risk, sales strategy etc? They can be rolled into one holistic risk based approach.

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The risk management team or department should facilitate improved enterprise decision making to boost business performance. Risk management principles practice and process should increase the efficiency and effectiveness of the business. The business leaders will be able to take more risk consciously as opposed to unconscious acceptance of higher risk levels.

What is the right level of risk will depend on the risk appetite and risk tolerance of the business leaders. There maybe nothing wrong with a high corporate risk exposure to achieve business goals and objectives as long as you know how exposed the business is and put in suitable risk control measures.

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Enterprise risk management is not a once in a business lifecycle activity. It is a continuous activity that supports business development and implementation of a more risk aware business strategy.

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Use an enterprise risk management ERM framework to help you develop an effective business management strategy that protects your business assets and helps you grow faster.

A robust enterprise risk management framework will help embed a more risk aware culture up and down the organisation.

An effective risk management system will require a clear role for the risk management function in the business. The risk management function in the business can only develop added value for the organisation if it is fully supported in the boardroom. With the board behind the risk management function, all levels of the organisation will develop enhanced risk management capability enhanced by the risk manager or risk management team.

The risk management function will support corporate governance and risk oversight but cannot control corporate risks on its own.

Risk Management Function Supports Risk Identification Risk Assessment and Risk Control

However the risk management function does not control corporate risks on its own.

  • The risk management function is integral to the risk management process but it isn’t the sole component of the risk management process.
  • The risk management function educates informs and trains all levels of the organisation to assess prioritise and control corporate risks. It enables business leaders to manage enterprise risk better.
  • The risk management function helps to develop and embed risk control techniques to reduce the likelihood of losses and the size of losses. It should also identify, assess and help seize business development opportunities.

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