
businessJul 14, 20235:52pending
Mitigate Risk by Reducing Change | 5 Minute Friday
About this episode
Eddie’s been thinking about our episode with Patrick Fernbach. Specifically, he’s thinking about the discussion we had about small changes. Sometimes you get several steps into a project and discover that things just aren’t looking right. Tyler recalls an experience that he encountered pretty regularly when he was still doing steel detailing. Someone would call to explain that one tiny thing needed to change. Maybe it was the size of a bolt or a plate. The problem? That change meant that something else needed to change. Which meant that two other things needed to change. On and on went the ripple effect. How do we avoid this? Do your best to make sure that you’ve checked through things before considering them finished. Batch things wisely. Make sure it won’t need to be changed down the road. Understand that changes involve risk–monetary risk. Mitigate your risk by managing changes well. Find Us Online: BrosPodcast.com - LinkedIn - Youtube - Instagram - Facebook - Eddie's LinkedIn - Tyler's LinkedIn If you enjoy the podcast, please rate us on Apple Podcasts or wherever you listen to us! Thanks for listening! See omnystudio.com/listener for privacy information.
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