Whether an organisation is public or private, profit-making or non-profit, government or military, it has a mission to deliver value to stakeholders and customers. The persistent disruptions to our critical infrastructure delivering electricity, water, healthcare, and public safety are intensifying threats to our economic and national security. The ongoing risk and disruption when things go [...]
When considering the value of the concept of a Failure Resilient Organisation within the context of an environment that is subject to increasing Volatility, Uncertainty, Complexity and Ambiguity (VUCA), to understand the importance of the application of Risk intelligence is crucial to success. To do this, we first need to consider what is a Failure [...]
For leaders, these words of Winston Churchill remain as applicable today as they were in 1945. It is estimated that 60% of Australian small businesses fail in their first three years of operation, but the larger the enterprise, the greater their chance for survival (ASBFEO, 2019). Understanding what influences these outcomes will assist managers improve [...]
