Monitoring the development of planning and progress for any strategy can keep you aware of when changes need to be made. Determine which factors will have a significant impact on the success of your business to create a timeline of when critical tasks need to be completed. Proper monitoring...
Industry by Industry: More Chinese Mercantilism, Less Global Innovation ROBERT D. ATKINSON | MAY 2021 China’s long-standing and rampant “innovation mercantilist” policies harm global innovation by taking market share and revenues from more-innovative foreign competitors, thereby diminishing the resource...
are also waking up to the fact that one of the biggest chinks in their armor against cyberattack is their own employees. In fact, 52% of businesses admit that employees are their biggest weakness in IT security, with their careless actions putting business IT security strategy at risk. ...
No matter how much detail you know about the network environment, the risk of being attacked remains. Any sensible security strategy must include details on how to respond to different types of attacks. Minimizing the Number and Severity of Security Incidents ...
Operational security (OPSEC) began as a military process but is now commonly used in business as a risk management strategy for protecting data from unintentional leaks. This article explains why OPSEC is important for business security and offers best practice tips for implementation, such as keepin...
Learn about factor analysis - a simple way to condense the data in many variables into a just a few variables.
If it is not clear about the value to the customer, the risk is that the investment may not deliver value. Parts that do not deliver value – Often the investment describes a part of a solution for a customer. For example “A teabag” instead of a “Cup of tea”. This means that ...
A brand experience strategy is a framework outlining your plan of action to develop and implement an impactful brand experience throughout the customer journey. It is based on customer interaction, engagement and relationships and aims to measure and improve all these aspects. How to monitor and im...
Legging in to a complex strategy can be advantageous to a trader if putting on the position one piece at a time will prove to be less expensive than establishing it all at once. There is risk associated with legging in, namely leg risk, which is the risk that the market price in one ...
Financial institutions face the risk of a land flip when making loans for the purchase of undeveloped property. In large part, this is because the value of—and demand for—an undeveloped piece of land is hard to determine. The lender may repossess the undeveloped parcel if a buyer defaults ...