Twelve-Minute Risk Management
Strategies and Tools Small Business Owners Need Right Now to Navigate Today's Business World
by Ivy Walker
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Pub Date Mar 22 2022 | Archive Date Apr 12 2022
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Description
Fraud and hackers and reputation risk, oh my! The threats to small business survival are multiplying daily yet most small business owners are failing to address them. In today’s active and intense threat environment, no business owner can afford to put their head in the sand and hope for the best. But with limited time, resources, and expertise available to them, how and where should small business owners begin?
Twelve-Minute Risk Management: The Strategies and Tools Small Business Owners Need Right Now to Successfully Navigate Today’s Business World is the ultimate guide for small business owners to quickly learn actionable steps they can take to protect their most valuable asset from a range of risks. Chock full of relatable, real stories that perfectly bring to life key risks, this easy to read, always informative and sometimes funny how-to-guide arms readers with advice, tips—and importantly—access to time-saving, free and low-cost tools they can use to immediately implement effective risk management strategies for their businesses.
Written by a successful serial entrepreneur, Twelve-Minute Risk Management clearly recognizes that small business owners have more things to do than they have time available to do them. With estimated chapter reading times provided at the beginning of each chapter and twelve-minute action plans provided at the end, this guide and the strategies it recommends are structured to fit neatly into the reader’s schedule.
Here’s just a little of what small business owners will learn with this must-have guide:
* Why failing to have a plan to address risk in your business is the equivalent of planning for your business to fail
* Why your employees are probably stealing from you, and what you should do about it
* Why hackers have your business in their crosshairs and what you can do to avoid being among the estimated 60% of small businesses that shutdown after a cyberattack
* How risk assessment works and why you need to be doing it
* Step-by-step strategies to address risks in the short-term while planning for the long-term
No matter your business or what industry you are in, this guide is a must read for you. It is only a matter of when, not if, you will suffer a loss from a major mitigible risk. Get your head out of the sand and use this invaluable guide to put in place a plan to protect your business today!
Advance Praise
Reader Feedback
"....the book is able to create the effect of being practical and easy to understand. It is worth the read and saves much time especially for busy entrepreneurs who want to benefit from it."
"I would recommend this book as required reading. It succinctly and clearly laid out both the reasons why risk management is so essential and the consequences of failure to do manage it."
Available Editions
ISBN | 9798985640618 |
PRICE | $9.99 (USD) |
Links
Featured Reviews
A solid title, well written and succinct summarizing some of the most valid current topics in the risk management game. I felt like this could have been a book of the collected best articles on the subject from various sources because it hit on all the subject areas risk managers are concerned with in 2022.
Risk management should be a prerequisite for any business. But most small business owners don't think so. According to them, their businesses are still small. Also, risk management itself is a costly process. So, Twelve-Minute Risk Management by Ivy Walker is ideal for them. In this book, Ivy Walker teaches what risks are, as far as running a business is concerned.
Given the digital age, cyberattacks are prevalent and targeted at small businesses. To prevent cyberattacks and many other business-related attacks, the best guidebook I'd recommend is Twelve-Minute Risk Management.
As an owner of a small business, I am always drawn to books that can help me be a better manager.
Twelve-Minute Risk Management is a great little book at around 200 pages and a superior value at $10.
It is laid out well including approximately how much time to read each chapter. When we are all so crunched for time and it is so valuable, this is a nice addition to a business book.
With information on setting up processes to protect your assets, From workers compensation/ employee injuries to cyber attacks and pretty much anything you won't think of in between.
Ivy Walker provides a website to access additional information, take assessments, and download templates which are invaluable additions to an already smashing book.
NetGalley sent me a complimentary copy of this book in exchange for an unbiased review.
This is a great book for business owners. Ideal for new businesses who might not have thoroughly considered the range of risks and for well established businesses who might need a refresher or to re-evaluate.
The book is divided into 8 chapters and each covers a different area of risk. The writing is easy to follow and engaging. The case study examples and different scenarios presented help to bring the information to life and demonstrate its value. The start of the book explains how to appraise and manage risks, the next chapters focus on specific risks (fraud, cyberattacks, safety, trust, compliance) and the final chapter brings it all together.
At the end of each chapter is a 12 minute exercise, which is where the title comes from. They are usually topic specific risk appraisal and management. For some (like the first chapter) you might have to do the 12 minute appraisal several times (once for each area of risk). I really like the 12 minute method because it breaks down what can seem like a daunting and overwhelming task into manageable parts. It also means you can do little and often and get it completed quite quickly by following the guidance.
Highly recommended!
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