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Opportunity management (OM) has been defined as "a process to identify business and community development opportunities that could be implemented to sustain or improve the local economy".[1]
Opportunity management is a collaborative approach for economic and business development. The process focuses on tangible outcomes.[2] Opportunity management may result in interesting and motivating projects that help improve teamwork.[3] Its three components are
generating ideas,
recognizing opportunities, and
driving opportunities.[4]
^Newfoundland and Labrador Department of Innovation, Business and Rural Development. "Opportunity Management Facilitator's Guide" (PDF). Retrieved 1 February 2012. {{cite web}}: |author= has generic name (help)
^Hillson, D.; Murray-Webster, R. (2004). Understanding and Managing Risk Attitude. Gower Publishing Limited.
^Kenderick (2009). Identifying and Managing Project Risk: Essential Tools for Failure-Proofing Your Project. Tom Kenderick.
^Newfoundland and Labrador Regional Economic Development Association (2009). "NLREDA Opportunity Management Support Materials" (PDF). Retrieved 1 February 2012.
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