Showing results for "At-Risk" in Management

The ninth part takes place in a restaurant, leased by a recently divorced businesswoman who wanted to forget about the divorce of her husband and father of their two adult children. However, what she failed to realise was that she did not have the slightest understanding of the restaurant business and actually didn't enjoy it at all. Contents: Don't let your emotions rule your common sense. Do business only in fields that you enjoy. Watch out for people who try to make you believe they care for you, while only caring for your property.

The eighth part takes place in a hotel built by the owner in his hometown. He made his childhood dream come true, but as he still had to focus on his core business, the hotel was poorly managed and was losing money. However, that was not the only problem to torment him. Contents: Focus on the core business that drives your success and don’t be distracted by other activities. Don't start a business in a field that you don't understand. Be extra cautious when choosing employees for your company management.

In the seventh part, the business risk buster strikes at a deli. The new owner took it over from her husband whose business success drove him to a mental hospital. Contents: Don't let success and money turn you into somebody else. No matter what happens in your business, don't succumb to it and face the new situation. Don't let fraudsters deprive you of your honestly earned money and assets. How to easily build up a holding that will reliably protect you from business risks and pitfalls. Learn from mistakes made by other entrepreneurs.

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The tenth part takes place again in a hotel, only due to the fact that it deals with a businessman who has lost his company. Ironically, the one to rob him of it was his less successful competitor. Fortunately, he did not give up and, despite further adversities, managed to get back up again on his own two feet. Contents: Make sure that quick business success does not deprive you of your vigilance. Don't forget to protect your intellectual property. Put all agreements in writing, even if concluded with your best friend.

In the sixth part, the business risk buster strikes at a medical clinic. A wealthy developer bought his wife a clinic, but she left him and the clinic soon afterwards. So he hired a managing director under whose management it went from bad to worse. Contents: How to analyse your company from the inside. How to get rid of an incompetent manager. How to hire a more capable manager. How to choose the right investor. Learn from mistakes made by other entrepreneurs.

In the fifth part, the Business Risk Buster strikes at a gun shop. A seventy-year-old gentleman decided to sell his company and shop, but he forgot about his collateral in the bank and almost ended up paying very dearly for that. Contents: Don't be afraid to start your own business, even at an advanced age: you have enough life experience and a cool head. Before you sell your company, prepare thoroughly for such a transaction. Always choose the buyer very carefully. When selling a company, make sure you are not held liable for its obligations.

In the fourth part, the business risk buster strikes at a building materials shop. An unfaithful wife and the following divorce almost brought a well-established company down. And the consequences could have been much worse. Contents: Be careful that your business doesn't ruin your family relationships. Keep in mind that business is often linked with a risk of criminal punishment. Every business can be insured, all you need to do is to find the right insurance company.

The third part is quite dramatic. The business risk buster tries to reconcile his client with the late fifty-percent share owner's very aggressive widow. Contents: If you co-own your business with a partner, agree in advance on how things should go if something bad happens to one of you take relevant measures to prevent an ideal business partnership from becoming a big problem that is hard to solve. If there is a problem, try to find an amicable solution first.

Quality Matters Podcast is your go-to source for expert discussions on Quality Management, Quality Assurance, Compliance, and Risk-Based Thinking. Whether you’re working toward ISO 9001 certification, managing regulatory compliance, or looking to improve operational excellence, we break it all down with real-world insights from industry experts. Each episode dives into the key challenges businesses face in process optimization, performance metrics, supplier quality management, and continuous improvement. From manufacturing and oil & gas to field services, we cover the strategies, best ...