6 Ways to Fight Risk Management Muscle Atrophy
Businesses often suffer from a condition I like to call “risk-management muscle atrophy.”
The ideas, processes, systems, and energy within these businesses were effective at one time, but the leadership stopped emphasizing and implementing them somewhere along the way. As a result, they became ineffective.
If your company is going through the business equivalent of a mid-life crisis, you might need to work toward recuperating long-unused muscle. How can you make that happen?
There are six key factors needed to re-strengthen atrophied business muscle:
Begin with an analysis of where your business stands currently: how much muscle power has been lost? Using the appropriate weight-room equipment – Data Audits, Procedures Audits, Internal surveys – your business can begin to plot the path back to full strength.
This return to good muscle health is going to take time. Determine just how important it is for you to get your program back in fighting form: how much time needs to be dedicated to this process?
It’s time to get your risk-management muscle back. Let’s do the work to achieve good business health.