Because they saw themselves as risk-taking leaders instead of risk-managing leaders.
Inspectors made unannounced visits to ensure companies are managing high-risk activity, such as working at height.
BBC: HSE fails quarter of London building site safety checks
In addition to managing risk, supply-chain directors understand the increasingly important principle of supply-chain agility to ensure they provide protection against the unexpected.
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One of the primary performance criteria of any leadership team (in addition to managing risk, out-maneuvering the competition, and so on) is delivering profitable growth and a decent return to investors.
One reason, says Lowes, is that global firms are already comfortable managing operations--and risk--in overseas locations.
Money managers are taught early that managing risk is far more important in delivering long-term stable performance than chasing high short-term gains.
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The RAIB said it had made four recommendations to Network Rail which included assessing the need for additional engineered safety measures at level crossings, like Moreton-on-Lugg and targeted improvements to its processes for managing risk at level crossings.
My best guess is that managing and mitigating risk was the primary focus of the Thompson-led PayPal, and while Marcus is certainly concerned with keeping the guard up where necessary, he recognizes that there are better ways to communicate what's happening, why it's happening and how PayPal is there to make life easier.
When debt is treated more like a utility, with the lender managing risk so there is a high probability the loan and the agreed-upon yield will be paid, such lending is more consistent with its economic purpose.
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By actively managing its credit portfolio using the analytics capabilities, the bank has improved its risk-return ratio, and it is better positioned to pursue growth opportunities and to understand the contingencies when capital is in short supply.
As part of a strategy begun a little over a year ago that bears the catchy title "Managing for Growth, " the London-based firm, long known for its risk-averse, frugal culture, is out recruiting specialists in merger advisory in a bid to crack the top tier.
"Stuyvesant was not necessarily a reflection of the bad real estate market, but rather over-ambitious assumptions, lack of risk controls and poor contingency planning, " explains Burt White, managing director of research and chief investment officer of LPL Financial, further asserting that the bottom dropped out of the market months ago.
The ICC has the power to ban captains for slow over rates and Ponting ran the risk of receiving a one-Test suspension had he stuck with his pace bowlers, given the slow rate they were managing.
Former Federal Reserve Chairman Paul Volcker, on Capitol Hill Tuesday to promote his plan to exorcise excessive risk-taking from the banking system, says one of the biggest persistent problems is the inherent conflicts banks have between managing their own interests and managing those of their clients.
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