Risk Appetite and the Lauda Formula

Niki Lauda’ famous quote “I accept every time I get in my car there’s 20% chance I could die,” teaches us precious lessons how to create an efficient corporate risk assessment; not only identifying risks,  but adequate act based on them.  Continue reading Risk Appetite and the Lauda Formula

Advertisements

Undercut, AI and Disruption

In the world of business, the undercut can be related to disruption. Based on information and its interpretation, companies may come to the conclusion that the actual setup is not comparative anymore, but there is the possibility to change strategy and offer something different, relevant for the potential target-group. Continue reading Undercut, AI and Disruption