Multiple Action Thresholds

Recovery from a significant event is costly and disruptive. While an expense, mitigating and preventing activities taken to prevent the event’s occurrence are typically far less expensive. From a business perspective, the challenge becomes that of balancing the value of risk reduction with that of the mitigating and preventative activities’ cost.


Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.

Subscribe to the StrategyDriven Insights Library

Sign-up now for your StrategyDriven Insights Library – Total Access subscription for as low as $15 / month (paid annually).

Not sure? Click here to learn more.

Buy the Article

Don’t need a subscription? Buy access to Organizational Performance Measures Best Practice 12 – Multiple Action Thresholds for just $2!

Additional Information

Additional information regarding organizational performance measures and their thresholds can be found in the StrategyDriven whitepaper series Organizational Performance Measures.

How to Get Fired! Or keep your job, whichever you’d prefer

So, your formal education is coming to a close. You’ve had a wonderful time in school, and you’re in no hurry to trade that for a life filled with stress and responsibility. In fact, this whole ‘getting a job’ thing isn’t even your idea; it’s your parent’s or school counselor’s idea, it’s the entire seething mass of society trying to crush your freedom.

Well then, fight back! If you would rather play video games all day than suffer through a lifetime of stable employment, here’s exactly what you need to do:


Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:

Subscribing to the Self Guided Program - It's Free!


 


About the Author

Jeff Havens is a former comedian turned college and corporate speaker. His latest comedy lecture, How to Get Fired!, helps prepare college students for their professional lives by ‘encouraging’ them to do each of the top ten things that most commonly cost people their jobs. The accompanying book, How to Get Fired!: The New Employee’s Guide to Perpetual Unemployment, is available in all popular retail outlets and online at www.Amazon.com and www.jeffhavens.com.

Leadership Inspirations – The Power of the Team

“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.”

Margaret Mead (1901 – 1978)
American cultural anthropologist

Capitalism at the Crossroads – Becoming Indigenous

Becoming Indigenous

The Monsanto experience holds an important lesson: If corporate sustainability strategies are narrowly construed, they will fall seriously short. It is not enough to develop revolutionary technology with the potential to leapfrog currently unsustainable methods. Antiglobalization demonstrators have made it apparent that if corporate expansion is seen to endanger local autonomy, it will encounter vigorous resistance. Multinationals seeking new growth strategies to satisfy shareholders increasingly hear concerns from many quarters about consumer monoculture, labor rights, and cultural hegemony. As long as multinational corporations persist in being outsiders—alien to both the cultures and the ecosystems within which they do business—it will be difficult for them to realize their full commercial, let alone social, potential.

Today corporations are being challenged to rethink global strategies in which one-size-fits-all products are produced for the global market using world-scale production facilities and supply chains. Even so-called locally responsive strategies are often little more than pre-existing corporate solutions tailored to “fit” local markets: Technologies are frequently transferred from the corporate lab and applied in unfamiliar cultural and environmental settings; unmet needs in new markets are identified through demographic (secondary) data. The result is stillborn products and inappropriate business models that fail to effectively address real needs. As GE CEO Jeff Immelt recently noted, existing large corporations will be pre-empted by more nimble local players from the developing world unless they learn how to innovate from the ground up—what he calls “reverse innovation.”38


Hi there! This article is available for free. Login or register as a StrategyDriven Personal Business Advisor Self-Guided Client by:

Subscribing to the Self Guided Program - It's Free!


 


About the Author

Stuart L. Hart, author of Capitalism at the Crossroads, is the Samuel C. Johnson Chair of Sustainable Global Enterprise and Professor of Management at Cornell University’s Johnson School of Management. Professor Hart is one of the world’s top authorities on the implications of sustainable development and environmentalism for business strategy. He has published over 50 papers and authored or edited five books. His article “Beyond Greening: Strategies for a Sustainable World” won the McKinsey Award for Best Article in the Harvard Business Review for 1997 and helped launch the movement for corporate sustainability. To read Stuart’s complete biography, click here.

Special Gift – Chat with the Experts™ Teleseminar with Jack Canfield, author of The Success Principles

On September 8, at 12:00 noon Central, America’s most sought-after workplace transformation expert, Roxanne Emmerich, will be interviewing Jack Canfield, America’s #1 Success Coach and co-creator of the bestselling series Chicken Soup for the Soul®. During the interview Roxanne and Jack will be discussing his book, The Success Principles: How to Get from Where You Are to Where You Want to Be. Co-authored with Janet Switzer, The Success Principles teaches you how to increase your confidence, tackle daily challenges, live with passion and purpose, and realize all your ambitions. Not merely a collection of good ideas, this book spells out the 64 timeless principles used by successful men and women throughout history. And the fundamentals are the same no matter what your profession or circumstances – even if you’re a student, stay-at-home mom or currently unemployed.

The Success Principles: How to Get from Where You Are to Where You Want to Be
by Jack Canfield
and Janet Switzer

 

The Success Principles is a roadmap for anyone-from marketing professionals to small business owners, and from teachers to students and parents — striving to achieve their professional and personal dreams and goals. Touching on every aspect of our lives, The Success Principles offers 64 practical and inspiring principles to get any aspiring person from where they are to where they want to be.

It’s an encyclopedia for mastering life… so you can achieve any dream, become who you want to be, and make your life exactly as you want it. This is one program you can’t leave out of your success library. The Success Principles contains all the key elements of a successful, happy life, together, in one place!

This is usually a private teleseminar for The Emmerich Group member clients. However, as a special gift to our audience, Roxanne is extending an invitation for StrategyDriven readers and listeners to participate in this information rich event. This is a great opportunity to bring your whole team together for a Lunch ‘n’ Learn or team learning opportunity.

Join Roxanne and Jack for the call on September 8, 2010 at 12:00 noon Central for one hour to discover:

  • How to get from where you are to where you want to be.
  • The biggest difference between people who are successful and those who aren’t.
  • How to change the outcome of any event, simply by changing your response to it.
  • Why you should drop out of the “Ain’t It Awful” Club and instead surround yourself with success, positive and nurturing people.
  • How to complete past projects, heal past relationships and process old hurts, so you can embrace the future.
  • How to ask for and get everything you want…from people who can give it to you.
  • How to deal with fear and uncertainty.

A teleseminar like this usually costs $500 – $1000 or more, depending on the size of your company. We are inviting you and your team for FREE as a special gift to prepare you for a better 2010 – regardless of the economy.

Registration is easy! To sign up, go to www.ThankGoditsMonday.com/jack-canfield.

Space is filling up quickly so be sure to sign up right away!

Clear your schedule and register TODAY!


About the Authors
 
Jack Canfield , originator of the Chicken Soup for the Soul® series and co-author of The Success Principles: How to Get from Where You Are to Where You Want to Be, has studied and reported on what makes successful people different. He knows what motivates them, what drives them, and what inspires them. Jack brings this critical insight to countless audiences internationally – sharing his success strategies in the media, with companies, universities and professional associations in over 20 countries around the world. To read Jack’s complete biography, click here.
 
Roxanne Emmerich, author of Thank God It’s Monday!, is President and CEO of the Emmerich Group. A member of the National Speakers Hall of Fame, she is listed by Sales and Marketing Management magazine as one of the 12 most requested speakers in the country for her ability to transform negative workplace performance and environments into “bring it on” results-oriented cultures. Roxanne has been featured hundreds of times in leading publications on topics such as leadership for results, employee engagement for bottom AND top-line improvement, profit-rich growth strategies, and a multitude of other workplace breakthrough issues. To read Roxanne’s full biography, click here.