Risk Management Show

Risk Prioritization Simplified: Save Time & Focus on Growth with Jim Stevenson

16 snips
Feb 25, 2025
Jim Stevenson, Founder and CEO of Bletchley Group, brings 23 years of expertise in strategy and growth to the table. He delves into simplifying risk prioritization and balancing strategic risks with business expansion. The conversation highlights practical methods for identifying risks and why fostering a flexible company culture is crucial. Jim also emphasizes creative problem-solving as a tool for innovative solutions. His actionable advice empowers business leaders to manage risks effectively while pursuing sustainable growth.
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ADVICE

Prioritize Risks

  • Identify and prioritize risks based on their potential impact on your business's success.
  • Address the highest-priority risks first, as they pose the greatest threat to your objectives.
INSIGHT

VUCA World

  • The world is volatile, uncertain, complex, and ambiguous (VUCA), making risk management crucial.
  • Businesses must understand the global context, including politics and economics, to assess their risks.
ANECDOTE

Creative Dealmaking

  • Jim Stevenson helped a company find a buyer by creatively structuring acquisitions.
  • This raised the company's valuation, satisfying the leadership's requirements.
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