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The art of preventing stupid : how to build a stronger business strategy through better risk management
2019
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Summary
In a world where most businesses fail, The Art of Preventing Stupid offers a system for leaders to solve common business problems before they happen. Author Matthew Neill Davis introduces the Preventing Stupid Method to running a business, a method that guides readers in identifying, categorizing, and prioritizing threats to and weaknesses in their business. This book details how to efficiently prevent and manage potential and present problems and helps business owners and managers learn how to create leads for a more profitable business. You will learn how to seize opportunities rather than wallow in problems that should never have made it to the surface.



Forward-thinking risk management

This book delivers bold business strategy rooted in forward-thinking risk management. It is about changing how leaders think, so they can run their business with confidence, effectiveness, and profitability. It shows struggling entrepreneurs how to weed out the stupid mistakes they're making, so they can move forward. For those already running a business, it offers next-level risk management strategies to make work easier, more profitable, and more secure.



​Advice from a lawyer

In The Art of Preventing Stupid, you'll get a lawyer's perspective and insight and the value of a fractional general counsel for the cost of a single book. Matthew Neill Davis of Davis Law, PLLC, a firm that has three times made the Law Firm 500 for being among the fastest-growing law firms in the nation, will show you how to make smart, meaningful changes to successfully grow your organization. With his extensive litigation and business representation experience and expertise in building and running custom legal departments for businesses and nonprofits, he has dedicated himself to helping business owners make smart business decisions.
Table of Contents
Table Of Figuresp. xi
Acknowledgmentsp. xiii
1Learning The Artp. 1
2The Four Key Attributes Of Problemsp. 13
3Why And Where Problems Originatep. 25
Three-Ring Diagramp. 27
4The Seven Essential Systems Of Every Businessp. 35
Circle of Business Diagramp. 38
5The Eighth Systemp. 47
6The Preventing Stupid Methodp. 55
7Building Your Business Immune Systemp. 67
8Why You Can Build Your Business Immune System -How And Why You Can Prevent Stupidp. 77
9When To Start Preventing Stupidp. 85
Priorities for Startup to $250,000 in Revenuep. 89
Priorities for $250,000 to $1,000,000 in Revenuep. 93
Priorities for $1,000,000 to $10,000,000 in Revenuep. 98
Priorities for More Than $10,000,000 in Revenuep. 101
10Catastrophes In Generalp. 107
11Red's Plumbing: A Case Study In Catastrophesp. 115
1:1Catastrophe in Managementp. 119
2:1Catastrophe in Personnelp. 119
3:1Catastrophe in Productionp. 121
4:1Catastrophe in the Physical Plantp. 124
5:1Catastrophe in Metricsp. 125
6:1Catastrophe in Marketingp. 126
7:1Catastrophe in Salesp. 128
Red's Plumbing Conclusionp. 129
12Ignorance In Generalp. 131
13Heather's Cupcakes: A Case Study In Ignorancep. 139
1:2Ignorance in Managementp. 141
2:2Ignorance in Personnelp. 142
3:2Ignorance in Productionp. 143
4:2Ignorance in the Physical Plantp. 144
5:2Ignorance in Metricsp. 145
6:2Ignorance in Marketingp. 147
7:2Ignorance in Salesp. 148
Heather's Cupcakes Conclusionp. 149
14Ineptitude In Generalp. 151
15Johnson's Hardware: A Case Study In Ineptitudep. 161
1:3Ineptitude in Managementp. 164
2:3Ineptitude in Personnelp. 165
3:3Ineptitude in Productionp. 166
4:3Ineptitude in the Physical Plantp. 166
5:3Ineptitude in Metricsp. 167
6:3Ineptitude in Marketingp. 167
7:3Ineptitude in Salesp. 168
Johnson's Hardware Conclusionp. 168
16Conclusionp. 171
Quick Reference Guidep. 175
Example 1Business Immune System Report: Failure Examplesp. 175
Example 2Business Problem Severity Scalep. 177
Example 3The Four Types of Problems: Business Versionp. 179
Example 4Management Methods of the Four Types of Problemsp. 180
Example 5BISR Samplep. 181
Example 6Categories of Catastrophesp. 182
Example 7Catastrophe Only: Red's Plumbinb BISRp. 183
Example 8Ignorance Only: Heather's Cupcakes BISRp. 184
Example 9Ineptitude Only: Johnson's Hardware BISRp. 185
Notesp. 187
Indexp. 189
About The Authorp. 201
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