Risk Management System in an organization at a glance

Risk Management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities Risk in general- influences the project purposes positive or negative if it occurs such as: Positional (depends on … Read more

Change Management System: Four phases at a glance.

What is Change? Change simply means to become different, to make (someone or something) different or to become something else e.t.c What is Change Management? Change Management is the conception, planning, organization, implementation, control and stabilization of the change process of a company, with the aim to maximize the effectiveness and efficiency of the change … Read more

Basic structures of a standard Business plan and seven key steps strategic development in a business plan that can be applicable in organization

What is Business plan Standard Business plan is a formal statement of a set of business goals, the reasons they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Business plans are decision-making tools. BASIC STRUCTURE OF A … Read more