Tuesday, August 2, 2016

OBTD Model for Risk Management developed by Fasttrait Consultancy Services







“Every problem is an opportunity for improvement”

Risk management is the base of all quality models. The risk management is the most critical task towards achieving business success. Every business requires focusing on critical success factors. Often, it is the case that businesses have challenges in identifying what may go wrong with their strategy and execution. Even though they are able to identify, there is no sure way to fix the problems at the root.

At Fasttrait, we have developed a unique methodology to effectively address the risk management needs of any organisation. It is called Opportunity Based Trait Development (OBTD).

What is an OBTD model?

OBTD approach is based on the principle that

“Every problem is an opportunity for improvement”

With OBTD, we help you to identify and control the risks which are inherent in the people, process and technology of the business. We believe that risks are opportunities for growth and improvement. We do not see them as risks for the business but we look at them as opportunities for business growth. Business growth is not just growth in business revenue but how to generate more resources. Every business has certain capabilities to produce more time, talent and money. We call these capabilities as traits.

We believe that the business success depends on how well the organisations exhibit its traits. These are very well perceived easily by external entities which may be customer, potential employees or the society. We are sure that every business does hard work in establishing and sustaining itself. But quite often, the effort or the established capability that every organisation has developed cannot be apparent to the outside entities. In order to make an impact into the market, organisation needs to constantly make sure that it has the traits. Though the traits do not have substance but it is the basis of how people judge your business through their own lenses and perceptions.

We try to help organisation to bridge the gaps between its capabilities and traits. We help to constantly work on the opportunities for growth and improvement through our own model called OBTD. OBTD execution works on the following principles

1.“We do not know what we do not know”

2."We can not define what we do not know"

3."We can not measure what we can not define"

4."We can not analyse what what we can not measure"

5.“If we can not analyse, we can not improve”

6."If we can not improve, we can not control"

7."To control, we need to know"

To explore business success opportunity using OBTD model please write to us at fasttrait@gmail.com

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