Remove Development Remove Finance Remove Market Risk Remove Uncertainty
article thumbnail

Entrepreneurship: A Working Definition

Harvard Business Review

Execution risk relates to the entrepreneur's ability to attract employees and partners who can implement the venture's plans. Financing risk relates to whether external capital will be available on reasonable terms. On the one hand, it can be difficult to reduce risk without resources. Entrepreneurs face a Catch-22.

article thumbnail

How CMOs and CROs Can Be Allies

Harvard Business Review

Both practices have long developed insights into their customers based on data and analytics. But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. The finance team brought its scenario modeling tools to bear. Marketing Risk management Collaboration'

article thumbnail

3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

They devote far more time to internal execution and competitive risks than to external risks that can change the playing field. This means that many emerging market risks get cut from the senior leadership agenda. Top leaders tend to focus more on status updates than on contingency planning.