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Ten Important Financial Risks

This article outlines ten important financial risks that may arise for many – if not all – businesses in an economic downturn. Even in buoyant economic times, however, these financial risks need to be closely monitored and assessed.

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Take Time Out to Assess Your Business Risks

It is important for business leaders to make time to take stock of the risks in their business and how they manage them. Running a business can often take precedence over taking a broader and more considered view of the risks facing a business. Distractions can take the form of putting out spot fires, negotiating contracts, managing personnel matters, resolving issues with customers or dealing with major initiatives and projects.

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Risk Management Article: Stress Rehearsal

Scenario planning and stress testing are two tools that directors and executives should be regularly using to support and guide their decision-making process.

52 Risks Creator and Founder, Peter Deans, recently published an article titled “Stress Rehearsal” for the Australian Institute of Company Directors magazine on the use of scenario planning and stress testing.  The article discusses how these tool can assist assess the risks and opportunities arising from climate change and other emerging risks

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