52 Risks Framework
Latest
Climate Change Risk – Developing A Strategic Response
Assessing climate change risk should now be considered an important part of ensuring long term sustainability and financial viability. The article outlines six practical steps businesses can take to begin to plan for the impact of climate change.
Operational Risks
Latest Risk Management And Value Creation
Risk managers often find it difficult to articulate the value of an investment in risk management. Likewise, business owners, directors, and executives struggle to justify an investment in risk management. There are always many competing financial priorities. There are four key outcomes that will arise from an investment in risk management.
Financial Risks
Latest 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.
Latest Posts
Climate Change Risk – Developing A Strategic Response
Assessing climate change risk should now be considered an important part of ensuring long term sustainability and financial viability. The article outlines six practical steps businesses can take to begin to plan for the impact of climate change.
Read More Top 12 Geopolitical Risk Resources
There are many sources of detailed country risk analysis, assessments and ratings on the internet to assist business leaders stay abreast of geopolitical issues and risks. This post lists twelve of the best sites to visit.
Read More Risk Management And Value Creation
Risk managers often find it difficult to articulate the value of an investment in risk management. Likewise, business owners, directors, and executives struggle to justify an investment in risk management. There are always many competing financial priorities. There are four key outcomes that will arise from an investment in risk management.
Read More Doing a Risk Management Stocktake
Often the cut and thrust of daily business life gets in the way of sitting back and taking stock of risks in a business. Distractions can take the form of putting out spot fires, negotiating contracts, resolving issues with customers, dealing with projects, or managing personnel matters. Business leaders should carve out time periodically to take stock of the risks in their business and look at how they manage them.
Read More Spotlight on Business Model Risk
Business leaders often neglect to critically question the sustainability of their business model. When a line of business, department, segment or product is going well the temptation is to rely on it more heavily for future revenue and earnings growth. There are a number of key questions that can be asked to assess and understand business model risk.
Read More The Importance of Identifying and Documenting Business Risks
Business owners, boards and managers should ensure that they have a detailed understanding all the risks their business faces. This should include all strategic, financial, and operational risks. This understanding should be underpinned by a rigorous and documented risk identification, assessment, and management regime.
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