Reengineering is gives the opportunity for company to grasp and have a handle on things they did not have a firm understanding in the business. One of the most important things with risk management and reengineering is to have clarity on purpose because managers and member should know what should be and not a “don’t care attitude or wrong information undermine the organization. Organization change constantly because of different factors both internally and externally and it will affect the goals therefore it allows re-familiarize yourself with your business, making sure all the operations are oriented towards the correct goals and risk management.
Reengineering plays a pivotal role in logistics risk management. It is very powerful and help
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This is important as it take more than one person to achieve the goals of the company. With the innovation of technology and advancement companies are not settling but are doing things that make competition stiffer and as a result it is important for collaboration to encourage creativity to promote a healthy working relationship and improve production. Any business that can collaborate and work together as team get things efficiently. It is believed that it is makes employees more responsible and motivated.
Business should encourage collaboration because it is important in Problem Solving. Research said that people of different skills and knowledge put that thoughts and ideas together which can bring out their talent and strengthens the work relationship. It also exhibits a bigger picture because everyone at work does not think the same and have people from different back ground and experience they will learn to leverage the differences of identify and use it to each other. Even if a project did not turn out the way it was expected business partners could still achieve a great
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Added to the perks, acting agile all the time help employees and managers reinforce and iterate risk management. This make provision to get feedbacks early in the game so that managers can make corrections. Business also need to be proactive instead of reactive. Agility in risk management makes the company focus on the things that matters by aligning organization vision with its goals and objectives. Companies should accept that risk management is more than errors but it is building common records around the uncertainty and identifying solutions which requires an understanding of the business culture. According to (Waters, 2011), risk happens because we never know what will happen in the future. It is wise to use these forecasts to do every possible analysis because it is the uncertainty that brings risk