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Business tales, awe and success

We just rolled out our new course for businesses, entrepreneurs, startups. The title is Business tales, awe and success. Participants came from various business areas including mechanical engineering, green energy, automotive, wellness and health as well as engineering. Learn to write/rewrite your business story to plan for success. Embrace changes that will inspire awe and confirm your unique leadership. The two days event is an interactive and guided journey between literary analysis techniques. We also teach more advanced business decision making…

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Business startups success show stoppers and tolerable risks

Business startups success show stoppers and tolerable risks This is a follow up on last week’s post showing how ORE can evaluate business startups success, show stoppers and tolerable risks. Indeed, ORE showed quantitatively where the a priori: “party-breakers”, “underlying assumptions” as well as “key success elements” were in each case. Thus it allows to avoid those pitfalls. The success and failure probabilities were in good agreement with a Kaufmann Foundation study. For the portfolio analysis we have now to look at…

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ORE predicts business startups 3 financing rounds success

Startups investors and money lenders asked us two questions. Based on our risk assessment and management experience, is ORE capable of: predicting business startups 3 financing rounds success? finding ways to reduce the risks from inception? We derived a subset from ORE (Optimum Risk Estimates, ©Riskope) and deployed it on 7 companies. The companies are at different maturity stages. They are active in different spaces in three countries (Canada, Italy, Switzerland), namely: Company  Country Space Startup #1 Canada Networking hardware…

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Is there a simple way to turn failure into success?

We recently became aware of a rather interesting research graphic. It bears the title of “Without Fail”. But Is there a simple way to turn failure into success? We present it below, followed by our comments and suggestions. Source: OnlineMBAToday.com The graphic starts by stating that 90% of business startups fail and 42% of those failures are actually due to lack of market for their products. Additionally I’d like to say, botched plans. No big surprise here, these numbers are “known”…

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Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015

Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015 CLICK THE PICTURE TO VIEW THE MOVIE! This year Riskope has decided to celebrate the Year End by proposing an animated Tale of King Provvidus, Riskopius, his trustworthy advisor and ORE, his faithful method. Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015. This communication project has taken…

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Consumer trust, consumer experience and risk management

Consumer trust, consumer experience and risk management A recent article by Michael Lowenstein indicates that customer trust “is the connective tissue that holds customers, brands, and enterprises together; and, without trust, these connections would quickly dissolve.” Over the last few years Riskope have spent a lot of R&D funds and efforts to study the relationship between public perception of risks, risk assessments and crises developments, coming to the same conclusions.  If trust is not built through at least: transparent and rational risk assessments,…

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Kuala Lumpur, Malaysia, Course on Rational Risk and Crisis Management

We present our next endeavor: Course on Rational Risk and Crisis Management in Kuala Lumpur. This course is suitable for anyone who is involved in process hazards, risk quantification and preparation of 360 degrees, holistic, ISO 31000 compliant Risk Assessment for business, operations, projects. You can see the brochure and registration information here. Course on Rational Risk and Crisis Management in Kuala Lumpur The methodologies introduced in this course will greatly benefit money lenders, insurers in addition to corporate managers,…

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Can we stop misrepresenting reality to the public?

We gave a presentation in Toronto. We were at the CIM 2013 conference  and  the topic was Can we stop misrepresenting reality to the public? The discussion was of course set in the risks related to mining and extractions. Summary of the main points The main points made are summarized below. You will not: manage (your) capital if you do not understand risks. be able to make proper decisions if you do not understand risks and finally, able to operate if…

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