Dawn talks with Jim Stevenson. Jim is the Founder and CEO of Bletchley Group, an International Growth Consultants: Strategy | Transformation | Growth. Dawn and Jim talk about risk people who are risk averse, whether or not you should make a decision, how you make that decision, the strategy around mitigating risk and making the decisions, and also why it's so important to make a decision.
In this episode…
Who is Jim Stevenson and whom does he serve? (1:02).
How should we view risk as a business owner? (1:39)
How would we know what our risk appetite is and does it change the longer we're in business? (2:37)
As a business owner, how can you assess the impact of decisions with more confidence? (4:56)
Have you encountered business owners who make decisions without considering the broader effects, opting instead to hope for the best? (8:00)
How can we gather evidence or identify indicators to define the risks and potential outcomes of a decision? (12:11)
How can a decision to pivot provide a new opportunity after realizing the lack of prior planning or analysis in a significant decision? (17:05)
How do market dynamics influence decision-making, and what risks arise if we fail to monitor and adapt to market changes? (19:27)
When do you recognize that a decision isn't working and needs adjustment, rather than sticking to it for too long and risking long-term harm to the business? (22:02)
Do you think that this long-term kind of perspective came from the fact that you were an athlete at that level? (20:41)
Did you ever feel like it wouldn't work or you weren't seeing results fast enough?(22:19)
Do you believe that balancing aggression in one aspect of your ventures and defensiveness in another contributes to maintaining perspective and resilience during challenging times when results seem slow to materialize?(24:05)
Jim Stevenson’s Information.
WEBSITE:https://www.bletchleygroup.com/
FB: https://www.
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