Assess Business Risks

A fundamental function of the Action Management System is to assess the Business Risk Rating of all Business DNA Actions. This activity therefore puts an implied priority on where you should implement improvements in your business.

Every action carries some risk, however AMS assesses business risk in three categories:
RED risk ratings indicate that these Actions are currently a critical threat to the operations of the organisation and as such should be addressed immediately.
AMBER risk ratings indicate that these Actions are being conducted at an unacceptable level but are not an imminent threat to business operations.
GREEN risk ratings indicate that the Actions are being conducted in an acceptable manner. This does not mean that they cannot be improved, but rather that they are "acceptable" at this time. (view simple Excel example).

Our Business DNA therefore takes on a visual and graphical dimension. With the inclusion of the risk rating element, our "Business-on-a-Page" now has a visual impact with "focus" on your real business imperatives.

You now have an "active" picture of your business.
Remember, you have already assigned accountability for each one of these Actions to one of your staff so you know who has the responsibility to address the RED (high risk) actions.

Next Step

is to identify "why" you have the RED actions and "what" needs to be done to remove them.