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Fitness and Health Informations Blog


March 11th, 2008

Portfolio Management Is Risky Business

A friend of mine (we’ll call him Al) was out looking at daycare centers with his wife. Their two year old daughter was ready to expand her horizons and learn the intricacies of social behavior and all the risks inherent in her new world. To Al’s dismay, no daycare center met the standards of control he would have expected in a daycare. This new world was fraught with risk. Doors weren’t locked and children could escape. Gates were not on the stairwell and children could fall and injure themselves. Peanut butter was in the fridge and children could access it. Al wasn’t willing to run the risk of introducing his daughter to this environment. Oddly enough, Al didn’t have similar controls in his own house. No childproof door locks, no stair gates, and peanut butter in his fridge - sometimes on the counter!!

February 12th, 2008

Offshore Outsourcing Has Risks

Offshore outsourcing has proven to be an effective method for firms to increase profitability and to stay competitive in the global marketplace. Yet, with these gains one must address and manage the risks involved to be successful. The risks include cultural differences, communication, quality measurement, managing specifications, security, and organizational issues.

February 3rd, 2008

Empowerment The Rerwards Are Greater Than The Risk

Empowerment is a common trait used by most effective leaders. The rewards of empowering your employees are far greater than the risk. Give them some independence in choosing their work schedules or other factors that won’t affect overall objectives. Empowering employees allows them to use their own initiative and creativity to accomplish things you never imagined they could.

Allow your employees to take risks and demonstrate initiative.


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