‘Boom in cloud services: there’s a dark side for business’ by Glenn Rees, In The Black

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What Big Business can (and should) learn from Small Business

We all have policies and procedures, right?  Periodic targets, motivational signs in the tea-room, managers for this and that, and performance reviews... and maybe you are right now looking into new performance metrics to understand your business better.  Well, what if there are easier and less risky ways of encouraging employees to do their best for … Continue reading What Big Business can (and should) learn from Small Business

Compile a Risk Register

Use a Risk Register as a formal, central record of your risk management status and progress. To make navigation of your document easier, you could group the risks according to risk categories (make headings).  In any case, column 1 includes unique reference numbers so you can look up more detail in your Risk Schedules.  For ease of … Continue reading Compile a Risk Register

Understand Each of your Risks

Before you can make a judgement about the probability of a risk event, or the impact it could have, you need to understand the features of the risk event - how it could arise, what the consequence(s) could be, what the options might be for keeping the risk exposure within your tolerable loss range, and … Continue reading Understand Each of your Risks