Eric Jacobson

How To Assess Your Risk Using The 5Cs

In Eric Jacobson On Leadership, Leadership on August 31, 2014 at 6:47 am

Within the first 100 days as a new leader in an organization, you’ll want to assess your organization’s risk.

Authors George Bradt, Jayme A. Clark and Jorge Pedraza, in their book, The New Leader’s 100-Day Action Plan (third edition), recommend you do your assessment using the 5Cs:

  1. Customers: First line, customer chain, end users, influencers
  2. Collaborators: Suppliers, allies, government/community leaders
  3. Capabilities: Human, operational, financial, technical, key assets
  4. Competitors: Direct, indirect, potential
  5. Conditions: Social/demographic, political/government/regulatory, economic, market

Use a SWOT (Strengths, Weaknesses, Opportunities, and Threats) as you examine each category if that helps.

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