Enterprise risk magazine enterprise risk management articles are free. ERM enterprise risk management magazine to read enterprise risk management news opinions and reviews. Get #ERMtv videostreams live and on demand. Inform your next business decision. ERM editor is Keith Lewis. Business magazines free subscription online.
- Explore better enterprise risk management solutions for your business.
- Answering enterprise risk management questions.
- Looking into enterprise risk management theory and practice to save you time and money.
Develop your global business risk management knowledge. Assess the risks to your business. Do more business domestically and internationally. Network with top business thought leaders. Make better business decisions more often.
Do you want to know what makes financial markets tick? Do you want to feel confident that you taking the right level of risk to grow your business with less uncertainty? Do you want to know how to save business costs? Do you want to understand whats going on in the world and more importantly how you can change your business to profit from it?
If so then you need to read BusinessRiskTV enterprise risk management magazine. You will get a comprehensive view of whats going on in the world marketplace and our risk analysis of the biggest stories in politics and economics and risk management expert ideas to embed in your business. There is also plenty of practical risk management information on how to improve your own business performance from better business protection to faster business growth.
Continue reading risk management articles.
Enjoy unlimited access to enterprise risk management news opinions and reviews
Enter code #EnterpriseRiskMagazine
Growing a business in any business environment
Globally, business leaders are still making positive things happen in the hard marketplace. There are reasons to be fearful, but do not let fear of uncertainty stop you! Other businesses from SMEs to the biggest businesses in the world are operating in the same difficult marketplace, but making it work well.
The automotive industry with its suppliers jobs, is so important to countries fortunate enough to have developed a foothold in the marketplace. If you listen to automotive representatives the automotive industry has been destroyed by pandemic and Brexit. Yet the actual manufacturers themselves are getting on with the business of making vehicles and selling them profitably. China as a consumer of goods is growing and Toyota and Honda are reaping the rewards. Finding a way to be resilient in business is key to longevity.
Making a profit is the key to survival. Too many people look for problems not solutions. We help like minded business leaders find solutions to any problems.BusinessRiskTV
Find ways to build your business resilience. Discover innovative ways to grow your business through any and every type of business environment. Identify and assess the key threats and opportunities. Set an enterprise risk management implementation strategy to manage all risks better. Then work hard on engaging your whole workforce on a more resilient successful business strategy. Do not let the doom-mongers drag you down to their level!
Many UK retail businesses are in existential fight due to bad business risk management decision making not COVID pandemic Brexit or any other external risk driver
Technological risks in business have been poorly managed by some of the biggest UK retailers. SME retailers may have the opportunity to grow exponentially if they get to grip with technology risks in business.
Instead of bleating about the unfairness of competition from Amazon and the like, major UK retailers and small High Street shop businesses should have been offering simple ways for new customers to buy more stuff online. UK retailers consistently failed to put their own retail offering in order to benefit from the switch to online trading.
Around a quarter of UK retail sales came from online sales during pandemic. However around a fifth of retail sales were already online in UK pre-pandemic. Yet many many UK retailers still had poor online sales offerings at beginning of 2020. Such retailers have suffered the most during the pandemic but much of their failure is down to their bad retail business risk management not pandemic.
Britain’s economy is set to record a rapid rebound for the third quarter
Retail sales data showed a record 17.4% increase in sales volumes for the period. The UK economy is particularly affected by the volume of retail sales. Most of its economic growth comes from retail sales.
UK Retail Sales Index
Lack of consumer confidence and increasing COVID cases does not mean retail sales will face a setback in 4th quarter. Unemployment levels in UK could well hit UK retail sales which is why government support to save and create jobs is so important at almost any short term cost. Paying the debt can wait until later.
Enterprise Risk Management Magazine News Opinions Reviews
Business and economy magazine analysing and reviewing key risk drivers in the local and global marketplace.
International Trade Benefits To Your Country Your Company and Your Lifestyle
Both international trade imports and exports can help national and global economic growth. BusinessRiskTV looks to overcome international trade barriers that can also impact on local trading growth. Our international trade experts seek to overcome international trade barriers for your business.
Solution To International Trade Barriers
There are most certainly barriers to international trade.
Due to the economic downturn caused by Covid, an interesting trend is that despite regionalisation and onshoring of supply chains, there are attempts to diversify inter-regional trade. An example of this is the UK’s interest to increase trade with the UAE or the EU and UK’s respective interest to establish trade ties with ASEAN. The UK is seeking partnership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with ASEAN States. The diversification of trade at a time of strategic decoupling and great power politics between the US and China will cause numerous industries to be vulnerable to market fluctuations due to heightened geopolitical risks.Barak Seener, CEO of Strategic Intelligentia
We look into how to overcome trade barriers international trade threats and opportunities risk analysis with geopolitical experts. Both the threats and opportunities tend to arise from politicians or leaders of a country.
How your business responds should be dictated by your enterprise risk profile. Some businesses are exposed to threats more or can seize new business opportunities depending on the things business leaders can control. The things your business cannot control need to be addressed by contingency planning.
Too many businesses are failing to put in place suitable processes to take advantage of international trade benefits. In the UK business leaders are missing out on benefits of more international trade with South America Asia Africa and the Middle East.
Join our international trade experts to explore what strategies you can adopt to help you navigate uncertainty. Be alerted to new upcoming online webinars workshops and discussions on how to overcome trade barriers in international trade. Discover how to better protect and grow your business with BusinessRiskTV. Entry to online international trade events to manage business risks better is cheaper for BusinessRiskTV members. Events can also provide opportunity to network with local and international business leaders for countries and industries to improve your risk insight and increase collaborative working. Improve your business risk management and understand demand for insurance in this area to provide some protection against the uncertainties.
BusinessRiskTV scanning the horizon for international trade questions and answers on international trade post Brexit and international trade post COVID.
International trade support for businesses that trade internationally
Complete and submit the form below to subscribe for free to our enterprise risk management magazine alerts bulletins and reviews to your inbox
Get enterprise risk management report to your inbox. We aim to be accessible without dumbing down. We will cut through the financial and economic jargon and tell you everything you need to know in clear accessible language and we will not pull any punches in doing so.
What business threats and opportunities are you most interested in? What do you want to do to expand or better protect your business? Share your business risk management our experiences by emailing email@example.com.
Please include a contact number if you are willing to speak to a journalist.
- Tweet: @HolisticRiskMgt and @ERMuk
- Send pictures video or Press Releases to firstname.lastname@example.org
- Instagram BusinessRiskTV
- Pinterest BusinessRiskTV.com
- YouTube BusinessRiskTV
Or use the form below:
Enterprise risk management magazine subscription is free. Simply complete and submit the form below and enter code #ERMmagazine. Alerts will be sent to your inbox.
Enterprise Risk Management Articles
Enterprise risk management explained. Discover enterprise risk management best practices. Understand the enterprise risk management benefits for your business. Enterprise risk management integrating with strategy and performance imporvement.
Holiday and Travel Industry Has Been One Of Most Severely Affected By Coronavirus Pandemic
Airbnb decision to restart flotation of the company on USA stock market is an indication of just how strongly the global economy is adapting to the impact on business of the coronavirus pandemic. Airbnb is confident its travel business will remain successful across the world. However it is not without loss of jobs at Airbnb.
This may also be the long lasting legacy of the pandemic. Fewer jobs will mean productivity increases but at the expense of higher unemployment levels. New businesses will need to supply new jobs to reduce global unemployment levels. Many people will have to reskill and retrain to fit into the new jobs of the 4th Industrial Revolution which is coming at the world like a steam train due to the pandemic!BusinessRiskTV
Airbnb has booked more than one million nights in a single day for the first time since 3rd March which is before the true impact was evident on the global economy. However despite rebounding to prepandemic levels Airbnb has reduced its workforce by 25 percent. Will these jobs come back? Doubtful. Business leaders have discovered they do not need as many people to make their business models work. When business activity levels return to normal this does not mean mean employment levels will return to normal.
Many old lifestyle needs are now being fulfilled online. Supermarkets have ramped up online delivery. Amazon is working with traditional supermarkets like Morrisons in UK to deliver peoples weekly grocery shopping not books! A decade ago the thought that someone would buy a new or used car online would have seemed unlikely. Now new online businesses have sprung up and prospered selling new cars and used cars online. Why would you fight your way through traffic to view 5 homes over a week you could view virtually on your phone in one night! Buying a home in a years time from now will be virtually changed forever. Few people will weed out the unsuitable properties by actually going to the home to view it.
The new jobs emerging from the 4th Industrial Revolution can return a country to low unemployment levels. Many thousands of new jobs will be created. However many jobs will be destroyed for good. The net jobs level can still be higher in developed countries around the world. However how people are trained and what they do will be hugely different. The pandemic has brought this day forward by at least a decade.BusinessRiskTV
The imminent arrival of the 4th Industrial Revolution increases the need to introduce a Universal Basic Income UBI paid by the state or government. How much UBI and how it works well is up for analysis assessment and debate. What is not in doubt is that a UBI that tapers depending on how much income you make will solve many coming problems including personal and economic wellbeing. Just as work is changing so is society. What we do in near future needs changing sooner than many think and the window of opportunity to change is narrowing.
Mr and Mrs Roosevelt Were Wise People!
UK public spending must be ramped up even as we look at the mounting debt piling up to manage the economic and social damage of the coronavirus pandemic. In addition the UK must work to overcome barriers to international trade including free trade agreements with the rest of the world.
To avoid incompetent wasted expenditure UK civil servants and politicians pay should not be linked to some sort of inflationary measure. Instead their pay should be linked to the average pay of the bottom 20 percent earnings of UK workers for next 10 years at least. This will help to reduce incompetent public sector bureaucracy or wasted money and provide an incentive that will lift the lifestyle of everyone in the UK.
Public spending must be focused on our future that works well today. Spending focus should be on:
- Infrastructure including 5G in particular.
- Reskilling UK workforce for the 4th Industrial Revolution
- Environment protection including building insulation improved agriculture strategy post Brexit electric car production and battery innovation in particular working from home continuation as well as dispersion of work to towns and coasts green transportation and logistics and investment in renewable energy but not nuclear power.
Levelling up means our towns and cities need to be totally changed to serve the UK population of the future today.
Entrepreneurial-ism must be supported more in UK
Many traditional businesses are as dead as their traditional working practices and ways of doing business. You can either pour good money after bad or invest in the future for sustainable economy and social structure in UK.
Many people furloughed have realised there is a better way to earn a living. Their ideas commitment and hard work must be supported more by UK government grants and loans. Their innovative ideas and endeavor will provide the jobs of the future more quickly if the UK government invests in their entrepreneurship now.
By focusing resources on supporting entrepreneurs the viable traditional businesses will also survive and prosper. Entrepreneurs and their new workers will spend their 4th Industrial Revolution money on traditional services sector which makes up 80 percent of UK economic growth. However without investing more in UKs growing band of entrepeneurs now the services sector will die a slow death.
Change is scary! The pandemic has brought forward change that was coming to business and UK economy. Trouble is 20 years of change has now been crammed into 6 months due to pandemic! We can deal with our fear for the future by trying to return to the past or we can embrace the future change today.BusinessRiskTV
Business leaders must chart their own business risk management survival and prosperity strategy. However risk management tips advice and support can help inform the business decision making process. Our ambition must be to create and develop the most resilient growing businesses to reward the owners its workers and wider society.
Retail sales in UK have bounced back V shaped style to prepandemic levels
Think back and look back a couple of months. The human pain from lost lives drove a fear in the retail marketplace. As tragic deaths grew retail sales collapsed in the UK. Some retailers benefited like supermarkets and food sales but non food sales shrank painfully.
Now food sales remain strong but non food sales are coming back. The total retail sales data from the UK Office for National Statistics say that there has been a V shaped recovery in total retail sales. The UK economy is built on retail sales so maybe a V shaped recovery in UK economy as a whole is on track by October.
Around 80 percent of UK economic growth is on the back of the UK consumer. If UK consumers back the retail sector they back a V shaped economic recovery in the UK. What this means for you is that you are more likely to keep your job get a pay rise and sustain your lifestyle in the UK.
June retail sales saw the second consecutive month of strong growth following record declines in March and April. The rises seen in May and June have roughly brought total sales back in line with February levels prepandemic lockdownBusinessRiskTV
Oodles of cash has been saved over the pandemic in the UK by UK consumers. It is time for big ticket items to be purchased to boost your lifestyle and the UK economy. Dine out this August to get 50 percent off your meals and save a few more jobs!
A V shaped economic recovery in UK by October is doable if you wash your hands socially distance and spend spend spend!
Successful Innovation Is Not About Innovation It Is About Application Of Good Ideas
Many people could and do have great ideas. Having great ideas is not being innovative. Being innovative is having ideas that you make work in the real world.
Tesla trajectory involved a good solid idea then looking at what you need to do to make it work well. At each stage of Tesla and now SpaceX business development they have looked at what they need to do next to help them achieve the final goal. Tesla and SpaceX did not have the best business solutions best brains or best tools to make the next stage of their development work well.
Several bigger better more valuable more advanced businesses jumped onboard journey that probably kept the vision alive and took it to the next level. Not every great business which jumped on board stayed for the whole ride and perhaps lost out as a result. Where Tesla and SpaceX are now suggests that they did not lose out on the collaboration. They seem to have gained from an injection of money knowhow and partnership.
What helps is an inspirational leader and visionary with resolve. Even the wrong Tweet from such a leader can knock billions off a business valuation never mind that persons departure or loss from the business. This creates a number of key risks in itself. If Musk was no longer at the helm what would happen to the business valuation?
These two great companies are exposed to the key person risk in an existential way. How do you protect a business from such an inordinately high risk? Musk is a Tech Rockstar!
However the growth side of the equation is the main feature of this article. Musk has had to cope with people being more interested in their battery technology than the car. Like many of the worlds products just now its battery technology that holds back progress. Even now Tesla is valued so highly not because they make cars or software but because they are innovative and make their innovations work well.
Often Tesla and SpaceX know they do not have the best in the market. However they position their products and services in the market and then make improvement after improvement until they are the best in the market. Many in the automotive and aerospace marketplace have had better ideas but they did not make them work for them and the marketplace.
SpaceX is rumoured to be seeking to build on their most recent successful mission to the International Space Station. SpaceX wants more capital another billion dollars to take the next leap forward on Musk vision. The capital raising mission is based on a SpaceX valuation of 44 billion dollars. Not bad for a guy with a good idea about a battery!
Business risk management news risk analysis and risk reviews. Focusing on key risk management issues of the day and of tomorrow. Read and watch risk insights to develop your business intelligence to help you make business decisions more easily with less uncertainty. Network with top business leaders locally and globally to manage business risks better.
Fighting the virus is easier than fighting change in business practices and ways of working before us
Putting sauce back into the bottle will be easier than putting things back together. Even if it was the right thing to do which it is not it is now impossible to return to normal. Clever politicians and business leaders will and should seize the moment to restart business for a better economic future.
UK employers are being told to take socially responsible decisions and listen to the concerns of their staff. Employers and employees should come to a pragmatic agreement about their working arrangements. However UK employers should also be looking at what is and is not going to work like before. Decisions made by some business leaders now have the potential to destroy previously successful businesses. Likewise there will be new opportunities for the flexible the innovative and the creative business leaders in UK.
Can work be normal after the virus?
After the economic disaster of the pandemic the recovery will not take us back to where we used to be. Nor should it. If we waste the lessons learnt from the pandemic the many lives lost and jobs made obsolete will have been in vein. Some jobs are never coming back not just because of the long term threat from the virus but due to the decisions business leaders are and will make about the future for their business.
- Maybe we needed the virus to save the planet? Many governments including UK Germany and China are pumping billions into ways to protect the environment including renewable energy production and energy saving initiatives such as grants for improved home insulation. Without the virus significant amounts of energy would have been wasted and opportunities on renewable energy product missed or at least delayed.
- Maybe we needed the virus to change how we live and work? Industry 4.0 4th industrial revolution is now coming even faster with the adoption of new technology to develop and produce new products and services. There needs to be upskilling of workforce to meet the new needs of the workplace and its customers but without the virus inertia was more prevalent than innovation.
- Maybe we needed the virus to change political priorities across the globe. This like most risks is a double edged sword. Political change can be both beneficial and obstructive to life and business enhancement. The pandemic will throw up both new threats and opportunities that can be life affirming and life destroying.
Without a vaccine we cannot go back to normal at work or socially. With a vaccine in will take months perhaps years to return to normal even if that is what we choose for ourselves. However things are never going to be the same as they were in 2019 in business or in life.
Prepare Your Business For The Fourth Industrial Revolution With BusinessRiskTV Risk Consulting and Risk Management Training
Upskilling your workforce is crucial for Industry 4.0. BusinessRiskTV helps key business decision makers plan for the future today. Identify the business intelligence to help complement your jobs and roles within your industry.
Is your business fit for the 4th Industrial Revolution?
Incumbent business leaders may not be successful in future. The risk of not changing is that your business model will become obsolete. Inaction is as risky as business change.
Are you equipped to mitigate the threats and seize the new business opportunities thrown in the air for the brave to catch! Prepare yourself and your workforce for the fourth industrial revolution with BusinessRiskTV. Get help to figure out new and emerging business development opportunities.
Pick the winners for your business
Change your business first before your competitors to benefit from being first mover into new business whilst minimising the threats to your business assets.
How To Make Your Business Fit For The Future Today With BusinessRiskTV
Respond to new ideas of working. Learn more about faster business development. Identify how your business needs to evolve to be more successful in future.
Business leaders need to continue their innovation reinvention and repurposing of their business. The coronavirus imposed better ways of working and opening new revenue streams on some businesses as well as inflicting death and destruction of lives and businesses. It is time to harness these creative investments to turbo charge the introduction of the 4th Industrial Revolution to improve lives and businesses.
Do not pull a handbrake turn into the past ways of working. Accelerate into the future today. Make your business lighter more robust and flexible to tackle any road forward.
Andy Haldane also sits on Bank of England interest rate setting Monetary Policy Committee MPC
If the UK consumer spends he and she can drag us out of the coronavirus pandemic economic hole.BusinessRiskTV
If the UK continues to recover on a similar path as lockdown measures ease further the loss in annual GDP could be far lower than first feared. More like 8 percent contraction instead of 17 percent forecast in May.
The greatest risk to health economic growth and business now is unemployment when government financial support dissipates. The UK consumer must pick up the slack by spend spend spending at the same time as the UK government invests massively in UK infrastructure.
- The number of deaths registered in the UK over one week to 19th June has fallen below the five year average for the first time since mid March just before UK lockdown measures were instigated. Death rates in UK are now back to normal prepandemic virus.
UK Savers Stash Billions Of Pounds Away In Savings and Not Borrowed Anything Like Normal
UK consumers are coping well with economic impact of coronavirus but now it is time to spend to save jobs and NHS!
In addition the cost of borrowing for consumers has fallen. The typical rate UK borrowers are borrowing on personal loans has fallen to just over 5 percent compared to around 7 percent prepandemic. Credit card interest rates have fallen slightly too.
Many UK consumers have taken advantage of ability to take payment holidays on their loans and credit cards.
Put together it means that on average UK consumers have economically weathered the coronavirus storm well. As the UK economy reopens it will stand a good chance of recovering if these UK consumers start spending again to save jobs and grow the economy faster.
UK Business Life After Lockdown Risk Analysis and Risk Management With BusinessRiskTV
Surviving COVID lockdowns. Developing local and international trade post COVID. Protecting and growing your business in any business environment.
In March saving lives and the NHS was about staying at home. Now saving many more lives over decades and the NHS budget is about the UK consumer businesses and government spending much much more. Poverty will kill many more lives than the virus.
Learn how others are developing strategies to recover from the coronavirus pandemic. Access help for your business to recover from coronavirus economic nightmare. Pick up practical tips to survive and prosper.
24th June 2020 It is right that health professionals are concerned about risks of second wave of infections in UK. Changing to 1 metre plus rule from 2 metres is more risky in some perhaps many circumstances but mainly if business leaders and consumers do not act sensibly.
Some people will not act sensibly. This will result in spikes in infection or hotspots. Realistically they could even be fatal mistakes. However the balance of risk has changed in the UK.
It is now more likely that people will die early for decades due to an economic depression in the UK. Rampant unemployment is now more likely than rampant spread of the coronavirus in the UK. Reasonable safety precautions include perspex screens personal protective equipment face coverings change in shift patterns control of numbers inside table service only apps more intensive cleaning of toilets and all surfaces touched frequently passing customer details to manager should there be outbreak.
There are lots of things to control the spread of the virus. However there is little to prevent a depression in the UK that will impact on deaths and financial health for decades. If you miss a significant part of your education in lasts a lifetime in terms of wellbeing and financial health.
21st June 2020 Improved Productivity Could Be A Benefit To Come Out Of Pandemic
A lasting benefit of the coronavirus pandemic could be massively improved productivity in the UK and perhaps around the world. Such a great legacy would have to be tempered with much higher painful unemployment levels compared to prepandemic.
The UK has suffered from poor productivity for many years. Poor productivity kills wealth creation. Many businesses preferred to employ someone they could easily sack if business demand fell instead of investing in equipment and more efficient ways of doing more business.
Sadly many businesses will have discovered from the pandemic that they do not need as many people to maintain an acceptable level of business performance or profit. They will make many redundant. However productivity is likely to improve.
This means for workers and society that there needs to be a turbocharging of the 4th Industrial Revolution. From the pandemic many business leaders should now realise how much time they wasted. Around 42 percent of people worked from home during the pandemic compared to 12 percent in the previous norm.
Returning to the old norm of working prepandemic would be a waste of the pain suffered by businesses and the economy.BusinessRiskTV
At least a blend of homeworking and office working would be more cost efficient. It would create easier commuter hours and speed up business activity on the roads whilst protecting the environment. This is a low hanging fruit opportunity business leaders must seize from the pandemic.
Harder is more innovation and creativity to bring forward the 4th Industrial Revolution. When the pandemic hit many business leaders were highly innovative.
Why does it take a pandemic to turn innovative thought processes into actual business change?BusinessRiskTV
We must not stop innovating. More importantly we must turn innovative juices into actual business change. This is important not just to make businesses more productive and more profitable but to create new jobs for the people who no longer have jobs to return to post pandemic.
The UK had a skills problem prepandemic. Post pandemic its a skills problem that is a threat to the economy social structure and the lives of hundreds of thousands of people. The UK government and businesses need to invest in new ways of working. Unemployed need to be retrained as many old jobs will never regenerate.
The UK economy can recover from the pandemic. However it could come out of the pandemic stronger than it went into it if we together invest in our future. Instead of shrinking our expenditure and our ambition we must expand our creativity our skills and our budget.
Money is unlikely to be this cheap for another hundred years. What we have spent to get through this crisis is eye watering. However now is not the time to rein in expenditure.
We must go all in. The gamble is that we pick the wrong horses. Coming together was a feature of the pandemic. It will be just as important for the recovery period. Unavoidable mistakes were made during the pandemic. We must work together to ensure we minimise the mistakes during the recovery phase.
18th June 2020 The Americas and Brazil Continue To Threaten The Global Economy Most With Coronavirus
Brazil will soon break through one million infections. It is already the second most infected country in the world with the second highest number of deaths officially recorded from the virus. It is a threat to neighbouring South American countries the Americas and the world economy.
The Americas as a whole is merging into a block of severe infection. Many other parts including Europe have presented severe infection and death rates but whereas Europe has put a lid on the pandemic the Americas is bursting with new infections and deaths.
- USA thinks it is out of the woods but it is not
- Brazil often has 30000 new infections every day and a 1000 deaths
- Peru Chile and Mexico consistently pump out new infections
- Even Canada Ecuador and Panama contribute a lot despite their relatively low populations.
Future hotspots like Argentina are showing signs that the continent threatens to be the a long term threat to itself and the world economy. Some like Brazil seem to believe the best way to manage the pandemic risk is to pretend it is not happening.
Sweden has shown that letting the virus take a firm hold of your country is not the way to stop the spread of the virus and time will tell but it looks like it is not the way to protect your nations economy either.
The number of deaths from economic collapse could well be much greater than the direct deaths from the virus but until a vaccine is developed there are better ways to manage the spread than opening the doors and letting the virus run wild.
The discovery in the UK that an old steroid drug Dexamethasone can cut deaths from the virus by around a third will not stop the virus spreading exponentially. It is a great discovery. Repurposing the very cheap drug will save thousands of lives across the world but it will not save the global economy. With no vaccine only social distancing and lockdown will save the economy.
Countries like New Zealand China and Germany have found that even when you think you have got to grips with the virus it springs up again requiring reimposing of isolation and quarantining to different degrees. The last thing any country needs is the importation of the virus from places where the virus is growing exponentially. This is why the Americas poses such a massive threat to the rest of the world.
Many of the countries in the Americas offer their own population greater spreading of the virus with their current coronavirus risk management strategy. However rest the world must look at the Americas with self preservation glasses on. Countries like Brazil will need the opposite of travel bridges. They will need to face roadblocks not travel bridges if the rest of the world is to gain respite from the virus.
The key lesson from most other epidemics or pandemics is that the second wave of infections kill many more people than the first wave. Open ended travel from current Covid19 hotspots is a recipe for a second wave of infection in your country.
18th June 2020 V Shaped Recovery In UK Economy Post Pandemic Is On The Cards By September October 2020
A 20 percent plus contraction in the UK is close to 10 times as bad as the UK economic contraction due to the 2008 Financial Crisis. The economic impact of the coronavirus is much worse and much more sudden than the last financial crisis but it could have been even worse.
The biggest economic threat from the coronavirus was the collapse with the world banking system. Many banks were close to the edge in Italy India and China. Chinese banking system was likely to remain afloat but the Italian banking system could have brought the lot tumbling down.
If the banking system collapsed a great global depression would have ensued with perhaps the destruction of the political systems in the likes of the European Union Russia India and maybe even China. As it is so far the world financial institutions remain remarkably intact though battered and slathered in debt.
Considering the UK has more or less been shut for months a 20 percent plus economic contraction is good! The question was never will the UK fall into a recession when its economy was locked down but how long it would take for the economy to return to where it was prepandemic.
It is conceivable albeit a long shot that a V shaped economic recovery will happen by the Autumn Winter of 2020. It is unlikely that a vaccine will be widely available until the end of 2020. However September October may unveil the news that a vaccine is on verge of becoming available for limited use. Such news would provide an immediate boost to the stock market.
We have already witnessed incredibly fast development of a vaccine. Major pharmaceutical businesses are already producing a vaccine not yet approved for use. This is an exceptional risk for the pharmaceutical businesses. If the vaccine they are manufacturing is not approved then all their investment in manufacturing the vaccine will have been wasted. However if it is approved it means another chunk of traditional vaccine development time will be taken out of the timeline that leads to public consumption and protection from virus.
Daring to hope for a widely available vaccine in September October 2020 is free. If the dream becomes a reality then a V shaped economic recovery in the UK is on the cards. It maybe a gamble to release the vaccine so quickly. Do you feel lucky!
Read articles and view videos from risk professionals and those involved with enterprise risk management.
Want to know more about enterprise risk management ERM? Identify and react quickly to potential business threats and opportunities. Improve collaboration with top risk management experts and business leaders.
- Manage business risks better
- Understand your risk exposure
- Research evolving corporate risks.
Develop an holistic enterprise risk management approach to business decision making. Network with your peers around the world. Keep up to date with our Enterprise Risk Management Magazine. Understand monitor and control corporate enterprise risks with more informed position.
Read enterprise risk management news articles and view videos on enterprise risk management opinions debates and business reviews
Keep up to date with enterprise risk management research and development. What are enterprise risk management experts saying today? What business threats and opportunities should you be aware of today.
BusinessRiskTV Enterprise Risk Management Magazine ERM Magazine
Read your copy of Enterprise Risk magazine and sister magazine ERM Magazine online from anywhere at anytime. We make over 27000 plus Risk Management Online members aware of the magazines so you can distribute your business message globally quickly and cheaply.
Helping connect enterprise risk managers locally and globally
Keeping up to date with latest enterprise risk management news opinion and analysis is free. Come back often to find the latest enterprise risk management debate comment and risk analysis. Pick up the latest enterprise risk management tips solutions and business reviews.
- Want to list your business in our online business risk management directory?
- Are you running any deals discounts or special offers for risk management products or services you want more people to know about?
- Could you write an advertorial to advertise your business risk management related business and inform our readers?
Reach more new customers with BusinessRiskTV.
Promote and market your business on Enterprise Risk Management Magazine for 12 months
Business leaders do not always have the marketing budget to promote their business locally and globally. We provide a range of online marketing options for businesses to fit most budgets so you can promote your business products or services for longer.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Alternatively click on subscribe button below to find other ways of promoting your business more cost effectively.
Developing confidence in corporate decision making process in uncertain business world. Pick up business enterprise protection and growth news
Our business enterprise risk magazines could be the best resource for you to reach out more cost effectively to buyers of your type of products or services.
We aim to keep key decision makers informed about enterprise risks and provide a leading thought leadership tool for enterprise risk management discussions and debate.
BusinessRiskTV Enterprise Risk Magazine covers all private sector and public sector services. Industry leaders and risk professionals accessing risk management tips advice and risk management guidance to improve business performance.
Risk management focus groups forums and enterprise risk management workshop to look at enterprise risk on a country by country industry and specific risk basis
Enterprise Risk Magazine covers all commercial and not for profit risk issues and aims to facilitate solutions to enterprise risk related problems.
Editorial will call upon risk experts from around the world to help provide news opinion and analysis for your business or enterprise
Country industry and specific risk experts produce business enterprise news reports opinion and risk analysis to help inform your decision making process to reduce the effect of uncertainty on your goals and objectives.
Free enterprise risk magazine subscription in country industry and specific risk magazines:
- Africa Magazine
- Argentina Magazine
- Asia Pacific Magazine
- Australia Magazine
- Brazil Magazine
- Canada Magazine
- European Union Magazine
- France Magazine
- Germany Magazine
- India Magazine
- Indonesia Magazine
- Italy Magazine
- Japan Magazine
- Mexico Magazine
- Russia Magazine
- Saudi Arabia Magazine
- South Korea Magazine
- Spain Magazine
- Turkey Magazine
- United Kingdom Magazine
- Unite States of America Magazine
- China Magazine
- South Africa Magazine
Stay in touch with the biggest economies in the world and assess how developments in these countries impacts on your business.
Enterprise Risk Management Magazine Feature Articles and Video News
BusinessRiskTV enterprise risk management magazine feature articles look at the latest developments in business the global economy and financial markets.
Features of Membership and registration with BusinessRiskTV
Get more involved with us to use a number of features including
- Receive email or text alerts about what you may need to know today about enterprise risks in your country or industry
- Watch and even participate in online broadcasts about business risks to develop your skills and knowledge
- Remain independent from but collaborate with other members to seize new business opportunities and business growth
- Contribute articles to inform other business leaders and raise your business profile.
- Provide business enterprise risk insight for your country or industry peers to help manage risk better and raise your business profile.
Become a member of BusinessRiskTV for free.
#ERMtv for live and OnDemand video streaming enterprise risk management training
Enterprise risk management theory and enterprise risk management tools to protect and grow your business with less uncertainty. Discover enterprise risk management best practices during our enterprise risk management online course. Make enterprise risk management roles and responsibilities clear accepted and embedded in business decision-making.
Receive alerts to upcoming enterprise risk management workshop sessions
Watch enterprise risk management webinar wherever you have wifi connection. Get answers to your enterprise risk management questions.
Enterprise Risk Management Solutions
Find out more about our enterprise risk management solutions. We work with enterprise risk management partners across the world to find the best solutions for your country and industry.
#BusinessRiskTV #EnterpriseRiskMagazine #EnterpriseRiskManagement #RiskManagement #ERMtv #RiskNews #RiskMagazine #EnterpriseMagazine #ERMjournalist #CorporateMagazine #BusinessMagazine #ERMmagazinedirectory #ERMmagazinemarketing #RiskManagementNews #RiskManagementArticles #RiskManagementNewsletters #EnterpriseRiskManagementNews #CorporateGovernance #RiskAssessment #ERMmagazine