In an era of change, we cannot play it safe and keep on doing what we have always done. It is a recipe for disaster. Expectations, technology, regulations and competition require that we seize opportunities and effectively manage risk.
Many organizations have well defined process for strategic thinking and planning, but too few translate this process into an effective program or unit level optimization.
This Risk and Opportunity program is a “practicum” since half of the session focus on learning and analyzing how to capture opportunity and handle risk and the other half involves coaching participant cohorts to identify recommendation for improvements in their units. After all, the real benefit from any program is that the learning is applied to assist participants, organization and customers.
- Contentment with the status quo obscures new opportunities and evolving risks
- Ownership of an initiative by the implementers increases the likelihood for successful implementation
- Support for analytical thinking ensures sustained excellence