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Monthly Archives: December 2012
Analogy to Newton’s Laws
Newton’s First Law of Motion states that ‘every object in a state of motion tends to remain in that state unless an external force is applied’ His Third Law of Motion states that ‘for every action there is an equal … Continue reading
Scope and Range
Having access to a searchable and actively maintained knowledge repository provides businesses with a valuable tool when exploring possible initiatives. The ability to rapidly define both the scope of an initiative and its range assists in the tasks of prioritisation, … Continue reading
Performance metrics – supporting Service Delivery?
Performance metrics are often established as a mechanism to establish the effectiveness of a business and the delivery of its services. Who, however are the metrics designed to assist. Over the last three months I have been an active user … Continue reading
Managing Risk
Managing risk is absolutely essential if you wish to optimise the benefit of a business initiative. That there will be risks is unavoidable. Identified risks can be managed through either avoidance or mitigation. With risk avoidance, activities are undertaken in … Continue reading
Risk management and asking “What if?
It is not reasonable to expect that we can absolutely know everything about those things that can affect anything we undertake to do, there are always elements of risk that we need to consider. A farmer plants a crop at a particular … Continue reading
The Knowledge Economy 