"Control your own destiny or someone
else will." (Jack Welch)
Services
CoRiNa - Country Risk Navigator
CoRiNa provides country and market risk classification based on over 60 specific indicators. The classification is based on a high sophisticated data processing and analysis algorithm.
All raw data is pre-processed before data analysis in order to calculate single country risk indicators. CoRiNa allows to classify the indicators in specific indicator groups:
- General Statistic Risk Indicator
- Economic Risk Indicator
- Political / Social Risk Indicator
- Cultural Risk Indicator
Below an example of CoRiNa country risk class benchmarking of Denmark vs. Netherlands
Opotional benchmarking acording to Worldbank Classification(e.g. countries, regions and Gross Domestic Product) regarding the following indicator scheme is available.
Virtual Business Coaching
Minimize Moral Hazards - Maximize Profit Business Coaching in the
Chance & Risk Management Context
Nowadays the preparedness to chance admittedly is one of the key success factors in business. Only enterprises that are able to constantly adapt to the fast changing business environment will prosper and survive in long-term. Value - Based Management always takes Business Coaching in account.
The needed paradigm shift in corporate culture can only be sustainably achieved when all acting participants - managers and employees - are committed like Jack Welch mentioned it. There is a clear interrelation between practiced (informal) corporate culture and the profitability of an enterprise (see Deep White Value Study).
Hence most enterprises have formal corporate culture with statements to e. g. ethical behavior. Normally the daily practice (informal corporate culture) differs dramatically from what is officially stated. But real workaday life is very often characterized by a culture of exertion of power - Human all to human! (F. Nietzsche)
The consequences of resulting moral hazards are pointed out in the annually published Engagement Index of the Gallup Institute. In average only every 5th employee is willing to actively participate in the enterprise and is interested in its success. Work-to-rule and inner resignation are common and are resulting in significant economic losses (up to 25 % of the profit).
Enterprise - wide chance & risk management shall not neglect this fact. The risk management community already recognized these critical-to-profit characteristics of human factors and incorporated them in internationally valid risk management norms.
Risk standard ISO31000 / ONR 49001 - Human factors in risk treatment
and preventio
It clearly points out the relevance of human factor in risk treatment and prevention. For global players the complexity of the dimension "Human Factors" is even higher because of the intercultural dimension.
Business Coaching is a proven approach to move minds and to commit people to organizational goals.
Business Coaching for Employees and Managers - Important areas of application
- Executive coaching for managers (Manager Scorecard)
- Transformational leadership skills for managers
- Target coaching for sales stuff
- Talent development for young professionals
- Knowledge transferring and management in teams (aging of stuff / retirement)
- Intercultural diversity management
Take Business Coaching in account because:
"Control your own destiny or someone else will!"
Dr. Claus J. Zizek
Certified Business Risk Manager
European Business Coach
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