Tag Archives: Jim Rohn

Posted on

Why You Need to Eliminate Your Single Point of Failure

A single point of failure, SPoF, in your business can literally devastate your business overnight yet many business leaders spend little or no time at all protecting their business against these risks!

In 1995, a rogue trader brought down Barings Bank through fraudulent, unauthorized, speculative trading. The bank, which had been established in 1762, had a single point of failure and did not have controls in place to protect itself. It’s SPoF destroyed it!

Similarly, uncontrolled trading of oil futures has crippled more than one oil company in recent years. Other businesses have been bankrupted due to manufacturing shutdowns caused by natural disasters, social uprisings, political unrest, wars, etc.

Posted on

You Make 35,000 Decisions A Day: How To Ensure They’re Excellent

According to some recent research, an adult makes about 35,000 “remotely” conscious decisions per day. These decisions can be as trivial as deciding between fruit loops or cheerios for breakfast but they can also be as impactful as deciding on the direction for a business merger, acquisition, spinoff or restructuring.

Being responsible for making 35,000 decisions each day can be overwhelming! How can you possibly hammer through these and be assured that you are making the best possible decisions?