Business Impact Analysis: Steps & Why It’s Important

Business impact analysis is used to predict the results of a disruption to a business and to develop mitigation and recovery plans. Business impact analysis involves risk assessment, scenario planning, and analysis of investment in prevention relative to cost of…

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Diversity Consultant: What Do They Do?

A diversity consultant is one focused on increasing the level of inclusion (i.e., mix of racial, gender, sexual orientation, or socioeconomic perspectives) within a firm. In this article, we’ll explore the fairly new roles of diversity consultants in more detail.…

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Risk Management Basics for SMBs

Risk Management has become an integral part of the corporate industry. All businesses should look to minimize risks, regardless of size. SMBs (Small and Midsize Business) have as much of a need for risk management as large businesses and Fortune…

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Strategy vs Tactics: Key Differences and Uses

Strategy vs tactics is a debate as old as business – which is more important? The dichotomy is not a distinction without a difference. Business strategy and tactics are clearly different concepts. At the same time, it’s hard to say…

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Supply Chain: Keeping Business Moving

A strong supply chain is one of the most important aspects of any business. Companies differ in what they sell and how they sell it, but supply chains are an area of commonality. Why? Nothing makes it into the hands…

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Becoming Data Driven

“Data driven” is one of those descriptors you see all businesses frequently using. It’s being used to the extent that the term has lost some of its real meaning. We shouldn’t let the current state of the term’s usage detract…

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