The Department of Defense (DoD) Risk, Issue, and Opportunity Management Guide for Defense Acquisition Programs (RIO) states, "Opportunities
are potential future benefits to the program's cost, schedule, and/or performance baseline, usually achieved through proactive steps that include allocation of resources." Though risk identification and associated risk management plans are often mandated in order to minimize loss, an opportunity model-including opportunity costs and passed-up potential opportunities--typically is not included in decision-making apart from possibly a lean component of Strength, Weakness, Opportunity and Threat (SWOT) analysis.
He continued, "We've been looking for opportunities
for development and redevelopment in this area.
Minister of Trade and Industry Tarek Kabil launched the industrial investment map, which includes all available industrial investment opportunities
in various governorates in Egypt.
The Boston Consulting Group (BCG) and Opportunity Network have reached an agreement aimed at helping financial institutions provide a wide array of growth opportunities
to their customers.
Opportunity Network's online platform enables banks to offer customers access to global partnerships and business development opportunities
The "Study of Deeper Learning: Opportunities
and Outcomes"--funded by the William and Flora Hewlett Foundation--aimed to determine whether students attending high schools with a mature and at least moderately well implemented approach to promoting deeper learning actually experienced greater deeper learning opportunities
and outcomes than they would have had they not attended these schools.
"Even with unemployment being as high as it is," Bill Brandt states, "there are still a lot of job opportunities
out there if you are willing to meet the challenges they entail." To prove his point, he lists the follow:
You may be asking, "Why focus on risk management and how the various IPT components support it?" In our previous article, we made a point to link the process of managing risk with managing opportunities
. During the process of assessing a program's "risks," we are frequently able to identify potential opportunities
that can actually reduce our risk, or at least provide the team a true return on investment.
"In addition, the solution also breaks down this total extra profit opportunity by reason, allowing an organization to focus on the problems or opportunities
that will realize the greatest results."
Of course, such changes bring opportunities
as well as challenges and a key question becomes how should a retailer/dealer strategically position itself to survive and thrive in such a chaotic market environment?
Finding the right opportunities
, getting a company to invite you in for an interview, and then having to compete with so many other candidates for the same job appears to be a daunting task.