Executive Management Consulting |
"Diligence is the mother of good luck." |
In disrupted energy markets, a broader array of strategic options must often be considered by the Executive Suite and Board of companies to navigate the obstacles.
The Alliance Risk Group’s team of seasoned professionals have led, advised and worked “hands on” in the trenches, from startups to turnarounds at some of the largest domestic and cross border energy companies. Our Key Services are: |
Productive Paranoia and Return on Luck
In the study, "Great By Choice: Uncertainty, Chaos, and Luck -- Why Some Thrive Despite Them All" Jim Collins and team studied companies that outperformed their peers in market value growth by 10X over a 15+ year period. One common success factor was Productive Paranoia -- essentially good strategic and tactical risk management to prepare for down-side risks. Another common factor was "Return on Luck". Successful companies were not luckier than their peers. But, through the skills of adaptability and resiliency to be prepared to manage down-side risks, they developed the capability to seize up-side opportunities when the opportunities came. So strategic risk management capability helps with up-side profitability as well as down-side risks. See http://www.jimcollins.com/books.html for more details.
