Risk Management Show
Risk Prioritization Simplified: Save Time & Focus on Growth with Jim Stevenson
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.
21:25
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Quick takeaways
- Effective risk prioritization is essential for balancing strategic growth and business stability in today’s volatile environment.
- Fostering an organizational culture of flexibility and innovation is crucial for adapting to uncertainties and emerging threats in risk management.
Deep dives
Understanding Strategic Risk Management
Strategic risk management is defined as assessing and mitigating risks that can impact a business's success. It involves understanding potential blockers to achievement while acknowledging that many people often misunderstand risk, associating it solely with negativity. A practical approach to risk requires acknowledging both the risks themselves and the necessary plans to navigate them. By eliminating obstacles to success, businesses can identify pathways toward achieving their strategic goals.
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