Redmon’s Rules – Rule #12: Identifying the right business opportunity– risk mitigation

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 12th Rule: Identifying the right business opportunity– risk mitigation Walk away from any business opportunity that doesn’t create value or have the potential to; consider it risk mitigation. Do you have risk mitigation strategies in place? How does those strategies protect…

Redmon’s Rules – Rule #10: Reassessment

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 10th Rule: Reassessment Knowing the limits of your company’s capabilities is valuable knowledge. This allows you to exercise good judgment in determining which business channels will yield the greatest return using your existing infrastructure. Rocky infrastructure? Go back to the basics…

Redmon’s Rules – Rule #9: Don’t Micromanage

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 9th Rule: Don’t Micromanage Instead of hovering over employees, relinquish control and trust your executive decision-making skills that you hired the right person for the job. Micromanaging runs the risk of creating a counterproductive atmosphere, which can diminish value delivered to…