Risky Business
As the CEO of a company, you are tasked with making decisions on issues that will determine the fate of the business. Some of these decisions will be easy, but others will be much more difficult. How do you prioritize which issues to act on?
One thing that all of these issues have in common is Risk. Risk is something that you have to consider for every decision that you make. It is determined by two things: Likelihood and Impact.
What does documenting your Processes and Procedures get you? Pt. 2
Your employees want to do a good job. They want to know what to do in certain situations without having to involve management. They work better when they know what boundaries they have to work in.