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| If reporting is too infrequent or superficial, control may be exercised too late
and prove ineffective or may even exacerbate the situation. Too frequent or too
in-depth reporting may be worse as greater effort is required trying to micromanage
unresponsive processes. |
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| Stop believing in bad luck and get the binoculars out instead. When serious interventions
are required, these often need significant amounts of resourcesat short notice. |
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| Inefficiency and waste are holes affecting the bottom line. Failure to spot and plug these,
leads to inability to expand or difficulty maintaining position in unfavourable market
conditions. |
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| Knowledge is both quantifiable and qualifiable.
Ignorance is neither. Put simply: You don't know
what you don't know. |
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