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It's just one application of the Pareto Principle, the idea that a majority of outcomes are due to a minority of inputs. In business and project management, that 20% is what we often call Risk. Unmanaged risks can lead to issues that derail your project or business, causing extensive delays, increased costs, lost revenue, dissatisfied customers, and disgruntled employees.
The good news is you don't need a super complicated approach to Risk Management. Even a simplified approach can help you identify areas of potential risk, clarify the mechanisms of realization, create more accurate impact and likelihood assessments, and then implement steps to mitigate the exposure. We offer the training and simple tools to level up your risk management game and reduce your uncertainty. Our areas of expertise include:
Ready to take the first step toward transforming your business? Schedule a consultation today to learn more about our consulting services and how we can help you achieve your goals.
ACEs Blue Business Consulting
Virginia, United States
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