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The Looming Shadow: Navigating the Labyrinth of Geopolitical Risks in 2024
The world in 2023 stands at a crossroads. As the shadow of a global pandemic recedes, new anxieties grip the international landscape. Tensions simmer in familiar hotspots, while emerging threats whisper on the horizon. In this labyrinth of uncertainties, one question burns bright: what will be the greatest geopolitical risk in 2024?
Predicting the future is a fool’s errand, but anticipating and preparing for potential storms is the essence of responsible leadership. While pinpointing a singular “greatest” risk might be an oversimplification, we can examine four contenders each capable of casting a long, disruptive shadow in 2024:
1. The Dragon and the Tiger: Escalating Tensions in the Taiwan Strait:
The Taiwan Strait, a narrow waterway separating mainland China and the self-governing island of Taiwan, has long been a tinderbox of geopolitical tension. China, viewing Taiwan as a breakaway province, refuses to renounce the use of force in achieving reunification. Taiwan, on the other hand, maintains robust democratic institutions and enjoys strong international support, particularly from the United States.
In 2024, several factors could elevate the risk of confrontation in the Taiwan Strait:
Increased Chinese military assertiveness: Beijing’s recent actions, like frequent incursions into Taiwanese airspace and military drills simulating island invasion, signal a growing determination to assert its dominance.
Taiwan’s presidential elections: Scheduled for January 2024, the elections could see the victory of a pro-independence candidate, further inflaming Chinese grievances.
Miscalculations and accidents: Unforeseen incidents, either military mishaps or deliberate provocations, could spiral into an unintended conflict with devastating consequences.
The potential ramifications of a Taiwan Strait conflict are immense. A full-scale war could trigger a massive humanitarian crisis, disrupt global supply chains, and plunge the world into a new era of Cold War-esque tensions.
2. The Ukrainian Quagmire: War’s Long Shadow and Spillover Risks:
The ongoing war in Ukraine continues to cast a long, dark shadow over Europe and the global order. Even if a resolution were reached in 2024, the war’s legacy will extend far beyond the battlefield. Here are some potential avenues for risk:
Protracted conflict and instability: Even a ceasefire wouldn’t guarantee lasting peace. A simmering conflict in Ukraine could destabilise the region, create a humanitarian crisis, and strain international relations.
Spillover effects into neighbouring countries: The war could trigger unrest or refugee crises in bordering nations like Moldova, Belarus, and the Baltic states.
Weapons proliferation and escalation: The possibility of Russia or Ukraine resorting to unconventional weapons or dragging other powers into the conflict cannot be entirely discounted.
The war in Ukraine has already disrupted the global food and energy markets, impacting economies worldwide. A further escalation could exacerbate these vulnerabilities, leading to economic hardship and political instability in vulnerable regions.
3. Iran’s Nuclear Tightrope: Unveiling the Bomb or Stepping Back from the Brink?
Iran’s nuclear programme remains a contentious issue, raising concerns about its potential for weapons development and regional instability. In 2024, the trajectory of Iran’s nuclear ambitions could significantly impact the geopolitical landscape:
Collapse of the JCPOA: The 2015 Joint Comprehensive Plan of Action, which aimed to curb Iran’s nuclear programme in exchange for sanctions relief, currently hangs by a thread. Its collapse could pave the way for Iran to accelerate its nuclear activities,raising the specter of a military strike from Israel or the United States.
Internal political dynamics: The political climate in Iran could influence its approach to the nuclear issue. Hardliners gaining ascendancy could increase the risk of confrontation, while moderates gaining ground could offer an opportunity for renewed diplomacy.
Regional proxy conflicts: Iran’s support for Shia militias across the Middle East could exacerbate existing tensions and potentially trigger wider regional conflicts.
A nuclear-armed Iran could reshape the Middle East power dynamics, posing a significant threat to Israel and its allies. It could also trigger a nuclear arms race in the region, further destabilising an already volatile part of the world.
4. Climate Change and the Looming Resource Wars:
While traditionally considered a non-traditional security threat, climate change is increasingly recognised as a potential driver of geopolitical instability. In 2024, its impact could become more pronounced through:
Resource scarcity and competition: Water scarcity, food insecurity, and energy shortages driven by climate change could exacerbate existing resource competition, potentially leading to conflicts over crucial resources.
Mass migration and displacement: Climate-induced migration could strain social and political systems in receiving countries, potentially triggering unrest and xenophobia.
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In this article, we will explore the top 10 supply chain management trends that are expected to shape the industry in 2024 and beyond. These trends encompass technological advancements, strategic approaches, and evolving consumer demands that will redefine the way supply chains operate.
1. Digital Supply Chain As the Backbone of Resilience
The digital supply chain has emerged as the overarching trend driving supply chain transformation. It encompasses the integration of digital technologies, such as cloud computing, artificial intelligence (AI), and big data analytics, to streamline operations, enhance visibility, and optimise decision-making.
Organisations are moving away from traditional paper-based processes and siloed systems towards a connected and data-driven supply chain ecosystem. This digital transformation is enabling businesses to gain real-time insights into their operations, predict disruptions, and respond proactively to changing market conditions.
2. Big Data and Analytics Driving Insights-Driven Decisions
Big data and analytics are playing a crucial role in extracting valuable insights from the vast amounts of data generated across the supply chain. Organisations are leveraging data analytics to identify patterns, optimise inventory management, improve demand forecasting, and enhance customer service.
Artificial intelligence (AI) is transforming supply chain operations by automating tasks, enhancing decision-making, and enabling predictive insights. AI applications are being used to automate repetitive tasks, such as data entry and order processing, freeing up human workers to focus on more strategic initiatives.
AI is also being used to optimise warehouse operations, manage transportation routes, and personalise customer experiences. AI-powered forecasting models are improving demand prediction accuracy, reducing inventory costs, and ensuring product availability.
4. Supply Chain Investments: Balancing Systems and Talent
Investment in supply chain systems and talent is essential for building a resilient and adaptable supply chain. Organisations are investing in modern supply chain management software, cloud-based platforms, and data analytics tools to enhance their technological capabilities.
Alongside these technological investments, organisations are also prioritising the development of their supply chain workforce. This includes providing training on digital technologies, fostering a culture of data-driven decision-making, and attracting and retaining top talent.
5. End-to-End Visibility, Traceability, and Location Intelligence
End-to-end visibility, traceability, and location intelligence are becoming increasingly important for supply chain transparency and risk management. Organisations are implementing technologies such as RFID tags, sensors, and IoT devices to track goods throughout the supply chain, from origin to delivery.
This real-time visibility enables businesses to monitor product quality, identify potential disruptions, and proactively address issues. It also enhances customer satisfaction by providing real-time tracking information and delivery updates.
6. Disruption and Risk Management: Embracing Agility and Resilience
Supply chains are facing an increasing number of disruptions, from natural disasters and geopolitical conflicts to technological advancements and changing consumer demands. Organisations are shifting their focus from traditional disaster recovery plans to proactive risk management strategies.
Building a resilient supply chain involves identifying potential risks, assessing their impact, and implementing mitigation strategies. It also requires the ability to adapt quickly to changing circumstances and respond to disruptions in a timely and effective manner.
7. Agility and Resilience: Adapting to Changing Demands
Consumer expectations are constantly evolving, and organisations must adapt their supply chains to meet these demands. Customers are demanding faster delivery times, more personalised products, and greater transparency.
Supply chains need to be agile enough to respond to these changing demands, quickly introduce new products, and personalise customer experiences. This requires a flexible and adaptable supply chain infrastructure that can accommodate rapid changes.
Supply chains are increasingly becoming targets for cyberattacks, as they represent a critical component of global commerce. Organisations are prioritising cybersecurity measures to protect their supply chain assets and prevent disruptions caused by cyberattacks.
Cybersecurity strategies include implementing robust access controls, educating employees on cybersecurity risks, and regularly monitoring supply chain systems for potential threats.
9. Green and Circular Supply Chains: A Sustainable Future
Green supply chains are focusing on resource efficiency.
10. Supply Chain as a Service (SCaaS): A Strategic Lever for Flexibility
Supply Chain as a Service (SCaaS) is emerging as a strategic lever for organisations seeking flexibility and efficiency in their supply chain operations. SCAaS involves outsourcing non-core supply chain functions to specialised providers, allowing organisations to focus on their core competencies.
SCaaS providers offer a range of services, including logistics, transportation, warehousing, and inventory management. This allows organisations to access expertise and resources without the burden of managing these functions in-house.
Conclusion
The supply chain landscape is undergoing a period of rapid transformation driven by technological advancements, evolving consumer demands, and the need for resilience. Organisations that embrace digitalisation, automation, and emerging technologies will be well-positioned to navigate the challenges and opportunities of the future.
The top 10 supply chain management trends on the horizon in 2024 highlight the critical role of technology, data, and strategic partnerships in building resilient and adaptable supply chains. By embracing these trends, organisations can optimise their operations, enhance customer satisfaction, and achieve sustainable growth.
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Why the UK Cannot Complete Major Infrastructure Projects on Time and Within Budget
The UK has a long history of struggling to deliver major infrastructure projects on time and within budget. This has led to a number of high-profile delays and cost overruns, as well as a growing public frustration with the way in which infrastructure projects are managed.
There are a number of factors that contribute to the UK’s poor record on infrastructure delivery. These include:
A lack of long-term planning and strategic thinking. The UK government has often been accused of adopting a short-term approach to infrastructure planning, which has led to a lack of consistency and continuity.This has made it difficult to develop a long-term pipeline of projects that can be delivered efficiently.
A complex and fragmented procurement process. The UK’s procurement process is often complex and time-consuming,which can lead to delays and cost overruns. This is partly due to the fact that there is a lack of standardisation and consistency across different government departments and agencies.
A lack of expertise in managing large infrastructure projects. There is a shortage of skilled project managers in the UK, which can make it difficult to find the right people to lead and manage complex projects. This is compounded by the fact that many project managers in the UK are not properly trained or experienced.
A lack of political will to make tough decisions. The UK government has often been unwilling to make the tough decisions that are necessary to deliver major infrastructure projects on time and within budget. This is partly due to a fear of political backlash, but it is also due to a lack of understanding of the importance of infrastructure investment.
These factors have all contributed to a culture of risk aversion within the UK’s infrastructure industry. This has led to a focus on minimising risks rather than maximising value for money. As a result, projects are often over-engineered and over-specified, which leads to delays and cost overruns.
How to improve the UK’s record on infrastructure delivery
There are a number of things that the UK government can do to improve its record on infrastructure delivery. These include:
Develop a long-term infrastructure plan. The UK government needs to develop a long-term infrastructure plan that sets out the country’s infrastructure needs for the next 20 to 30 years. This plan should be based on a clear understanding of the country’s economic and social needs, and it should be regularly reviewed and updated.
Streamline the procurement process. The UK government needs to streamline the procurement process to make it more efficient and transparent.This could be done by standardising procurement procedures across different government departments and agencies, and by making more use of technology.
Invest in training and skills development. The UK government needs to invest in training and skills development to ensure that there is a sufficient supply of skilled project managers. This could be done by supporting professional development programs and by providing funding for apprenticeships and other training initiatives.
Make tough decisions. The UK government needs to be willing to make the tough decisions that are necessary to deliver major infrastructure projects on time and within budget. This includes making decisions about project scope, risks, and procurement.
Focus on value for money. The UK government needs to focus on value for money when delivering infrastructure projects. This means ensuring that projects are delivered to the highest possible standard, while also ensuring that they are delivered on time and within budget.
Improve project management practices. The UK government needs to improve project management practices across the public sector. This could be done by providing training and support to project managers, and by developing and implementing project management standards.
Increase investment in infrastructure. The UK government needs to increase investment in infrastructure. This will help to address the country’s infrastructure deficit and create jobs.
Publicly disclose project details. The UK government needs to publicly disclose all project details, including costs, risks, and timelines. This will help to improve transparency and accountability.
Appoint a dedicated infrastructure minister. The UK government needs to appoint a dedicated infrastructure minister who will be responsible for overseeing the delivery of all major infrastructure projects.
By taking these steps, the UK government can improve its record on infrastructure delivery and ensure that future projects are delivered on time and within budget.
In addition to the above, I would also like to add that the UK government needs to adopt a more collaborative approach to infrastructure delivery. This means working more closely with the private sector, as well as with local communities. By working together, the government and the private sector can share risks and expertise, and develop innovative solutions to infrastructure challenges.
The UK government also needs to be more open to using new technologies, such as modular construction and 3D printing. These technologies can help to reduce the time and cost of delivering infrastructure projects.
How much wealth was stolen from Africa during colonialism
Why is Africa rich but poor
Africa is a continent with a rich history and culture, but it is also one of the poorest regions in the world. Many people believe that this poverty is due to factors such as colonialism, corruption, and natural disasters. However, there is also a growing body of evidence that suggests that Western nations may be playing a role in keeping Africa impoverished.
Why Are African Countries Impoverished?
There are many reasons why African countries are impoverished. Some of the most common factors include:
Colonialism: Colonialism had a devastating impact on Africa. European powers extracted vast amounts of wealth from the continent, and they also imposed political and economic systems that were designed to benefit the colonisers, not the colonised.
Corrupt governments: Many African governments are corrupt. This corruption leads to misappropriation of funds, which could be used to improve the lives of the people. It also creates an environment where businesses are hesitant to invest, which further limits economic growth.
Natural disasters: Africa is a continent that is prone to natural disasters, such as droughts, floods, and earthquakes. These disasters can cause widespread destruction and loss of life, and they can also set back economic development.
Externally based corporations and foreign governments: External forces deliberately impede the progress of Africa for their benefit. A multitude of tools are used to maximise earning potential outside of Africa at the expense of internal wealth development.
Why Would Africa Be a Place That Countries Like Great Britain, America, and France Would Want to Control?
Africa is a continent with a wealth of natural resources, including agriculture oil, diamonds, and gold. These resources are valuable to Western nations, and they have been a major source of conflict in Africa. In addition, Africa is a strategic location, and it is home to important shipping routes. Many say Africa’s assets have been stripped by western nations or their corporations without equitable compensation or support for Africans.
How Does France Control Africa?
France has a long history of involvement in Africa. In the past, France colonised much of the continent, and it still maintains strong economic and political ties to many African countries. France also has a military presence in Africa, and it has been accused of using this presence to protect its economic interests.
Is Africa Considered a Poor Country?
Africa is a continent with a wide range of economic conditions. Some African countries are very poor, while others are relatively wealthy. However, as a whole, Africa is considered to be a poor continent. According to the World Bank, the average income in Africa is just over $1,000 per year. This is significantly lower than the average income in other parts of the world.
Do Western Nations Keep Africa Impoverished?
There is no easy answer to the question of whether Western nations keep Africa impoverished. However, there is evidence to suggest that these nations may play a role in perpetuating poverty on the continent. For example, Western nations often impose trade barriers that make it difficult for African countries to export their goods. They also provide financial assistance to African governments that are corrupt and repressive.
Conclusion
The issue of whether Western nations keep Africa impoverished is a complex one. There is no doubt that Africa faces many challenges, but it is also clear that these challenges are not insurmountable. With the right support, African countries can overcome these challenges and achieve economic prosperity. With greater reward for African resources Africa will prosper – at the expense of western businesses. That’s the nub of the problem of African economic development.
Navigating the Challenges and Pitfalls of Implementing Risk Responses
In today’s fast-paced and uncertain business landscape, organisations must proactively manage risks to safeguard their operations and enhance their chances of success. Implementing risk responses is a crucial aspect of risk management, as it allows businesses to address potential threats and seize opportunities effectively. However, this process is not without its challenges and pitfalls. In this article, we will explore some of the common obstacles faced by organizations when implementing risk responses and discuss strategies to overcome them.
Inadequate Risk Identification and Assessment
One of the fundamental challenges in implementing risk responses lies in identifying and assessing risks accurately. Without a comprehensive understanding of potential risks, organisations may struggle to develop appropriate responses. This challenge often arises due to insufficient data, poor risk assessment methodologies, or a lack of expertise.
To mitigate this challenge, organisations should invest in robust risk identification processes, leveraging techniques such as brainstorming sessions, expert interviews, and data analysis. By involving stakeholders from various levels and departments, businesses can enhance their ability to identify and evaluate risks effectively. Additionally, regular reviews and updates of risk assessments ensure that new risks are captured and addressed promptly.
Ambiguous Risk Ownership and Accountability
Assigning clear ownership and accountability for risk responses is essential for their successful implementation. However, organisations often face challenges in determining who should be responsible for specific risks. This ambiguity can result in delayed or ineffective responses, as nobody takes ownership of the risk mitigation process.
To address this challenge, it is crucial to establish a well-defined governance structure that outlines roles and responsibilities for risk management. This structure should clearly designate risk owners and empower them to make informed decisions regarding risk responses. Regular communication and collaboration between risk owners and other stakeholders will facilitate the smooth execution of risk responses and ensure accountability.
Insufficient Resources and Budget
Implementing risk responses requires adequate resources, including financial, human, and technological support. However, organisations often face the challenge of limited resources and budget constraints. Insufficient resources can hinder the implementation of risk responses and compromise an organisation’s ability to address risks effectively.
To overcome this challenge, organisations should prioritise risk management as a strategic imperative and allocate sufficient resources accordingly. Senior management must understand the importance of investing in risk responses and advocate for the necessary budget. Additionally, leveraging technology solutions, automation, and outsourcing can optimize resource allocation and enhance the efficiency of risk response implementation.
Resistance to Change and Lack of Buy-In
Implementing risk responses often requires changes in processes, policies, and organisational culture. However, organisations frequently encounter resistance to change from employees who may be comfortable with the status quo. Without buy-in from key stakeholders, implementing risk responses becomes an uphill battle.
To address resistance to change, organisations must develop a comprehensive change management plan that includes effective communication, training, and engagement strategies. By involving employees early in the process, fostering a culture of risk awareness and accountability, and providing clear rationale for the proposed changes, organisations can increase buy-in and minimize resistance.
Ineffective Monitoring and Review
Successful implementation of risk responses requires ongoing monitoring and review to ensure their effectiveness. However, organisations often face challenges in establishing robust monitoring mechanisms and conducting timely reviews.
To overcome this challenge, organisations should develop key performance indicators (KPIs) and establish regular monitoring processes to track the progress of risk responses. These KPIs should align with the organisation’s objectives and allow for effective measurement of risk mitigation efforts. Regular reviews and evaluations will enable organisations to identify any gaps or shortcomings in their risk response strategies and make necessary adjustments.
Implementing risk responses is a critical aspect of effective risk management, enabling organisations to proactively address threats and seize opportunities. However, navigating the challenges and pitfalls in this process is essential to ensure successful outcomes. By addressing challenges such as inadequate risk identification, ambiguous ownership, resource constraints, resistance to change, and ineffective monitoring, organizations can enhance their ability to implement risk responses effectively. By developing robust strategies to overcome these obstacles, organisations will be better equipped to navigate the ever-evolving business landscape and safeguard their long-term success.
What is the Comprehensive Progressive Agreement for Trans-Pacific Partnership СРТРР?
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement between 11 countries in the Asia-Pacific region. The UK joined CPTPP in December 2022, and the agreement came into force for the UK on 1 January 2023.
CPTPP is expected to have a significant impact on the UK economy. The agreement will eliminate tariffs on more than 99% of UK exports to CPTPP countries, which will boost UK exports and support jobs. CPTPP will also open up new markets for UK businesses in the Asia-Pacific region, and it will help to create a more predictable and rules-based trading environment.
What are the benefits of CPTPP in the UK?
The benefits of CPTPP for the UK include:
Increased exports: CPTPP will eliminate tariffs on more than 99% of UK exports to CPTPP countries, which is expected to boost UK exports by £1.8 billion per year.
New market opportunities: CPTPP will open up new markets for UK businesses in the Asia-Pacific region, which is a growing and dynamic market.
Reduced costs: CPTPP will reduce the costs of doing business for UK businesses, which will make them more competitive.
More predictable trading environment: CPTPP will create a more predictable and rules-based trading environment, which will help to reduce uncertainty for UK businesses.
How will the CPTPP affect the UK?
The CPTPP is expected to have a significant impact on the UK economy. The agreement is expected to boost UK exports by £1.8 billion per year, and it is expected to create around 15,000 jobs. CPTPP will also help to diversify the UK’s trading relationships, and it will help to strengthen the UK’s position as a global trading nation.
What is the Comprehensive Progressive Agreement for Trans-Pacific Partnership CPTPP?
The CPTPP is a free trade agreement between 11 countries in the Asia-Pacific region: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The agreement was originally signed in 2018, but it did not come into force until 2019, after the United States withdrew from the agreement.
The CPTPP covers a wide range of trade issues, including goods, services, investment, intellectual property, and government procurement. The agreement also includes provisions on labour rights, environmental protection, and competition policy.
What is the importance of CPTPP to the UK’s future trading partners?
The CPTPP is an important agreement for the UK’s future trading partners. The agreement includes some of the UK’s most important trading partners in the Asia-Pacific region, and it provides a platform for the UK to further strengthen its economic ties with these countries.
The CPTPP is also an important agreement for the UK’s global trading ambitions. The agreement is a high-standard free trade agreement, and it provides the UK with a platform to promote free trade and open markets around the world.
The CPTPP is a significant agreement for the UK economy. The agreement is expected to boost UK exports, create jobs, and diversify the UK’s trading relationships. The CPTPP is also an important agreement for the UK’s future trading partners, and it provides the UK with a platform to promote free trade and open markets around the world.
In addition to the benefits mentioned above, the CPTPP is also expected to have a number of other positive impacts on the UK economy. For example, the agreement is expected to increase competition in the UK market, which could lead to lower prices for consumers. The agreement is also expected to attract new investment to the UK, which could create jobs and boost economic growth.
Overall, the CPTPP is a positive development for the UK economy. The agreement is expected to boost exports, create jobs, diversify trading relationships, and attract new investment. The CPTPP is also an important agreement for the UK’s global trading ambitions.
Business risk management is the process of identifying, assessing, and mitigating risks that could impact a business. It is an essential part of any business, as it can help to protect against financial losses, reputational damage, and other negative consequences.
There are a number of different risk management frameworks that can be used, but they all share some common elements. These elements typically include:
Risk identification:Â The first step in risk management is to identify the potential risks that a business faces. This can be done by conducting a risk assessment, which involves brainstorming all of the possible risks that could occur and then assessing the likelihood and impact of each risk.
Risk assessment:Â Once the risks have been identified, they need to be assessed. This involves estimating the likelihood that each risk will occur and the impact that it would have if it did occur.
Risk mitigation:Â Once the risks have been assessed, they need to be mitigated. This can be done by implementing a number of different strategies, such as:
Transferring the risk to another party, such as through insurance
Avoiding the risk altogether, by changing the business’s operations or products
Reducing the risk, by implementing controls or procedures
Risk monitoring:Â The final step in risk management is to monitor the risks on an ongoing basis. This involves reviewing the risk assessment and mitigation strategies on a regular basis to ensure that they are still effective.
Risk analysis is a process that businesses use to understand the risks that they face and to develop strategies to mitigate those risks. Risk analysis can be used to assess a wide range of risks, including financial risks, operational risks, and strategic risks.
There are a number of different methods that can be used for risk analysis, but some of the most common methods include:
SWOT analysis:Â SWOT analysis is a framework that businesses use to identify their strengths, weaknesses, opportunities, and threats. SWOT analysis can be used to identify the risks that a business faces and to develop strategies to mitigate those risks.
Risk assessment:Â Risk assessment is a more detailed process that businesses use to estimate the likelihood and impact of different risks. Risk assessment can be used to identify the risks that have the biggest potential impact on a business and to develop strategies to mitigate those risks.
Scenario analysis:Â Scenario analysis is a process that businesses use to simulate different possible outcomes. Scenario analysis can be used to assess the risks that a business faces in different economic and market conditions.
Business risk news is a type of news that reports on the risks that businesses face. Business risk news can be found in a variety of sources, including newspapers, magazines, websites, and blogs.
Business risk news is important for businesses because it can help them to stay informed about the risks that they face. This information can then be used to develop strategies to mitigate those risks.
Here are some examples of recent business risk news stories:
The global economy is slowing down, which could lead to a recession.
The war in Ukraine is causing supply chain disruptions and rising prices.
Cyberattacks are on the rise, and they are becoming more sophisticated.
Climate change is posing a growing threat to businesses.
Business risk management is an essential part of any business. By identifying, assessing, and mitigating risks, businesses can protect themselves from financial losses, reputational damage, and other negative consequences. Risk analysis is a valuable tool that businesses can use to understand the risks that they face and to develop strategies to mitigate those risks. Business risk news can help businesses to stay informed about the risks that they face.
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How can business leaders inform their BRICS business decision-making better
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BRICS Expands to 11 with Admission of 6 New Members
The BRICS bloc of developing nations has expanded to 11 with the admission of Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The decision was made at the 15th BRICS summit, held in Johannesburg, South Africa, on August 24, 2023.
The expansion of BRICS is seen as a major step in the bloc’s efforts to reshuffle the global order. The bloc’s members represent over 40% of the world’s population and 25% of the global economy. With the addition of the six new members, BRICS will become even more diverse and influential.
The new members of BRICS bring a variety of strengths to the bloc. Argentina is a major agricultural exporter and has a strong manufacturing sector. Egypt is a regional power in North Africa and the Middle East. Ethiopia is a rapidly growing economy with a young and dynamic population. Iran is a major oil producer and has a strategic location in the Middle East. Saudi Arabia is the world’s largest oil exporter and has a powerful military. The United Arab Emirates is a financial and trade hub in the Middle East.
The expansion of BRICS is likely to have a significant impact on the global economy and geopolitics. The bloc is now better positioned to challenge the dominance of the United States and other Western powers. It is also likely to play a more active role in global affairs, such as climate change and trade.
The decision to expand BRICS was not without controversy. Some critics have argued that the bloc is becoming too large and unwieldy. Others have expressed concerns about the human rights records of some of the new members. However, the leaders of BRICS have dismissed these concerns, arguing that the bloc is committed to promoting democracy, development, and peace.
The expansion of BRICS is a major development that is likely to have a significant impact on the global order. The bloc is now well-positioned to play a more prominent role in global affairs. It will be interesting to see how BRICS evolves in the years to come.
The Significance of the New BRICS Members
The admission of six new members to BRICS is a significant development that has the potential to reshape the global order. The new members, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, bring a variety of strengths to the bloc, including their large populations, growing economies, and strategic locations.
The addition of these countries will make BRICS more diverse and representative of the global community. It will also give the bloc a stronger voice in international affairs. BRICS is now well-positioned to challenge the dominance of the United States and other Western powers.
The new members of BRICS also have a number of shared interests. They are all developing countries that are seeking to grow their economies and improve the lives of their citizens. They are also all concerned about the rise of protectionism and unilateralism in the global economy.
The expansion of BRICS is likely to have a number of positive implications for the global economy. It will create new opportunities for trade and investment, and it will help to promote economic development in the developing world. It will also make the global economy more resilient to shocks and crises.
The expansion of BRICS is also likely to have a positive impact on global geopolitics. The bloc is now better positioned to play a more active role in resolving conflicts and promoting peace. It is also likely to be more effective in addressing global challenges such as climate change and terrorism.
Overall, the expansion of BRICS is a positive development that has the potential to make the world a more prosperous and peaceful place. It is a sign that the developing world is rising to challenge the dominance of the West.
The Challenges Facing BRICS
While the expansion of BRICS is a positive development, it also faces a number of challenges. One challenge is that the bloc is now so large and diverse that it may be difficult to reach consensus on important issues. Another challenge is that some of the new members have poor human rights records. This could damage the reputation of BRICS and make it more difficult for the bloc to achieve its goals.
Despite these challenges, BRICS has the potential to be a force for good in the world. The bloc can help to promote economic development, peace, and stability in the developing world. It can also help to challenge the dominance of the West and create a more just and equitable global order.
The future of BRICS is uncertain, but it has the potential to be a major player in the global arena. The bloc will need to overcome its challenges and learn to work together effectively if it is to achieve its full potential.
BRICS Summit August 2023
The 15th BRICS summit will be held in Johannesburg, South Africa on 22-24 August 2023. The theme of the summit is “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism”.
The summit will be attended by the leaders of Brazil, Russia, India, China and South Africa, as well as representatives from other BRICS countries and partner nations. The agenda for the summit is expected to include discussions on a range of issues, including:
The global economic outlook and the impact of the COVID-19 pandemic
Trade and investment
Climate change and sustainable development
Regional cooperation
International security
Business leaders around the world can expect the BRICS summit to have a significant impact on the global economy. The BRICS countries are some of the fastest-growing economies in the world, and they are increasingly playing a leading role in global trade and investment. The summit is likely to provide a platform for the BRICS countries to discuss their shared economic interests and to coordinate their efforts to promote economic growth and development.
In addition to the economic agenda, the BRICS summit is also likely to address a number of other issues that are of interest to business leaders. These include:
The development of new technologies and their impact on the global economy
The need for greater cooperation between businesses and governments to address global challenges
The importance of sustainable development and the need to protect the environment
The BRICS summit is a major event that will have a significant impact on the global economy. Business leaders around the world should pay close attention to the outcomes of the summit and to the implications for their businesses.
In addition to the economic agenda, the BRICS summit is also likely to discuss the issue of membership expansion. More than 40 countries have expressed interest in joining BRICS, and the summit could provide an opportunity for the BRICS countries to discuss the criteria for membership and to make a decision on whether to expand the group.
The inclusion of new members would strengthen BRICS and make it a more powerful force in the global economy. However, it is important to note that there are also some challenges associated with membership expansion. For example, it would be important to ensure that new members are committed to the BRICS principles and that they are able to contribute to the group’s work.
Overall, the 15th BRICS summit is a major event that will have a significant impact on the global economy. Business leaders around the world should pay close attention to the outcomes of the summit and to the implications for their businesses.
Here are some additional details about the theme of the 2023 BRICS summit and the countries that want to join BRICS:
The theme of the 2023 BRICS summit, “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism”, reflects the growing importance of Africa to the BRICS countries. Africa is home to some of the fastest-growing economies in the world, and the BRICS countries are keen to increase their trade and investment ties with the continent.
The countries that have expressed interest in joining BRICS include: Argentina, Iran, Saudi Arabia, the United Arab Emirates, Cuba, Democratic Republic of Congo, Comoros, Gabon, and Kazakhstan. These countries are all looking to gain access to the BRICS market and to benefit from the group’s economic and political influence.
The BRICS summit is a significant event that has the potential to shape the global economy. Business leaders around the world should pay close attention to the outcomes of the summit and to the implications for their businesses.
BRICS Currency Pros and Cons
The BRICS countries – Brazil, Russia, India, China, and South Africa – are some of the largest and fastest-growing economies in the world. To further boost their economic cooperation, the idea of creating a common currency for these countries has been floated for several years. In this article, we will explore the pros and cons of a BRICS currency for these countries.
Pros of a BRICS currency:
Improved trade relations: One of the main advantages of a common currency is that it can increase trade between BRICS countries. By eliminating the need for currency conversion, transactions between these countries can become smoother and faster. This can lead to greater trade volume and a stronger economic relationship between the BRICS nations.
Reduced transaction costs: A common currency would reduce the costs of currency conversion and cross-border transactions. This would make it easier and more cost-effective for businesses in the BRICS countries to trade with each other, which could increase economic growth and create new opportunities for trade and investment.
Increased economic stability: A common currency would provide more stability for the economies of the BRICS countries. By reducing the volatility of currency exchange rates, businesses would be able to better plan for the future and make more informed decisions. This could lead to increased investment and economic growth in the BRICS countries.
Greater financial integration: A common currency would foster greater financial integration between the BRICS countries, making it easier for them to access each other’s financial markets. This could lead to increased cross-border investment and the development of new financial products and services.
Cons of a BRICS currency:
Political difficulties: The creation of a common currency would require significant political cooperation and coordination between the BRICS countries. This could be difficult to achieve, as each country has different political and economic systems and priorities.
Economic differences: The economies of the BRICS countries are at different stages of development, and some are more advanced than others. This could make it difficult to maintain a common currency, as the economies of the BRICS countries may evolve at different rates and in different directions.
Lack of monetary independence: By adopting a common currency, the BRICS countries would give up their monetary independence and would no longer be able to use monetary policy to address their own economic challenges. This could limit their ability to respond to economic shocks and difficulties.
Need for significant structural reforms: To make a common currency work, the BRICS countries would need to undertake significant structural reforms to ensure that their economies are compatible with each other. This could be a long and difficult process, and there is no guarantee of success.
In conclusion, the idea of a BRICS currency has both potential advantages and drawbacks for the BRICS countries. While it could lead to greater economic cooperation, stability, and growth, it would also require significant political cooperation, structural reforms, and give up monetary independence. Ultimately, the decision of whether or not to adopt a common currency will depend on a careful consideration of the pros and cons, and a willingness to work together towards a common goal.
Unlocking the Potential: The Pros and Cons of a BRICS Currency for Global Business Leaders
A business plan for non-BRICS country businesses to protect and grow their business in or with BRICS countries should include the following steps:
Market research: Conduct thorough market research to understand the economic and political conditions, cultural differences, and consumer preferences in each of the BRICS countries. This will help you tailor your business strategy to each market.
Localisation: To succeed in a foreign market, it is essential to localize your business operations. This includes adapting your products and services to the local market, localising your marketing and branding efforts, and building local partnerships.
Local partnerships: Building local partnerships with suppliers, distributors, and customers is critical to success in the BRICS countries. This will help you overcome challenges such as language barriers, cultural differences, and regulations.
Risk management: Doing business in foreign countries comes with inherent risks, such as currency fluctuations, political instability, and economic uncertainty. To mitigate these risks, it is important to have a robust risk management plan in place. This can include currency hedging, insurance, and contingency planning.
Cultural sensitivity: To succeed in the BRICS countries, it is important to understand and respect the local culture and customs. This includes adapting your communication and business practices to local norms, and avoiding cultural missteps that could harm your reputation.
Compliance: Each of the BRICS countries has its own unique regulations and legal requirements. It is important to understand and comply with these regulations to avoid costly penalties and legal disputes.
Continuous monitoring: Doing business in foreign countries requires ongoing monitoring and adaptation. Keep track of market trends, political and economic conditions, and consumer preferences in each of the BRICS countries to ensure that your business is positioned for success.
By following these steps, non-BRICS country businesses can protect and grow their business in the BRICS countries, taking advantage of the tremendous economic opportunities that these markets offer.
What do BRICS countries want to export and import
The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are among the largest and fastest-growing economies in the world. As such, they have a diverse range of exports and imports. Here’s a general overview of what each of these countries tend to export and import:
Brazil: Brazil is a major exporter of commodities such as iron ore, soybeans, petroleum, and coffee. It imports a range of goods including machinery, electronic equipment, vehicles, and chemicals.
Russia: Russia is one of the world’s largest exporters of oil and natural gas, as well as other commodities such as metals and timber. It imports a variety of goods including machinery, electronics, and consumer goods.
India: India is a major exporter of textiles, pharmaceuticals, and information technology services. It imports a range of goods including machinery, crude oil, and precious metals.
China: China is the world’s largest exporter of manufactured goods, including electronics, machinery, and textiles. It imports a range of goods including crude oil, raw materials, and food products.
South Africa: South Africa is a major exporter of precious metals such as gold and platinum, as well as other commodities such as coal and iron ore. It imports a range of goods including machinery, vehicles, and chemicals.
It’s important to note that the exports and imports of each of these countries can be influenced by a range of factors, including domestic and global economic conditions, trade agreements, and government policies. Nevertheless, these countries play an important role in the global economy and their exports and imports are closely watched by businesses and governments around the world.
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Not only can you improve your risk management capability but you can increase confidence in your risk management system.
Are you asking the right questions about the key threats to you business? Do you consistently look out for and review business opportunities for growth? If you do not have a risk management system in place your business decision making may be working but is it working well?
What is your appetite for risk? Is this reflected across the whole organisation. Your risk management culture should reflect the attitude to risk of its business leaders for a consistent approach that is less confusing or contradictory further down the organisation. If you are not all singing from same hymn sheet you are losing productivity. In addition you maybe taking too much risk or not enough risk to achieve your business objectives.
Everybody should be clear about their role in your risk management framework and risk assessment process. Lack of clarity produces gaps through which failure in your risk management system can squeeze!
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Understand that your risk assessment process has weaknesses. Peoples perceptions of risk can skew risk management actions inappropriately. This can result in the failure of your risk management system and business.
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Is There a Demand for Risk Management Consultants?
In today’s increasingly complex and uncertain world, businesses of all sizes are under pressure to manage risk effectively. This has led to a growing demand for risk management consultants, who can help organisations identify, assess, and mitigate risks.
What Do Risk Management Consultants Do?
Risk management consultants typically have a background in business, finance, or statistics. They use their expertise to help organisations develop and implement risk management frameworks. This may involve identifying and assessing risks, developing risk mitigation strategies, and managing risk throughout the organisation.
What Are the Benefits of Hiring a Risk Management Consultant?
There are a number of benefits to hiring a risk management consultant. These include:
Expertise: Risk management consultants have the expertise and experience to help organisations identify, assess, and mitigate risks.
Objectivity: Risk management consultants can provide an objective view of an organisation’s risk profile. This can be helpful in identifying risks that may not be apparent to internal stakeholders.
Best practices: Risk management consultants can share best practices from other organisations. This can help organisations improve their risk management practices.
Improved compliance: Risk management consultants can help organisations improve their compliance with regulations.
Is There a Demand for Risk Management Consultants?
The demand for risk management consultants is growing. This is due to a number of factors, including:
Increased complexity of business operations: Businesses are becoming more complex, which means that there are more risks to manage.
Increased regulatory requirements: Governments are imposing stricter regulations on businesses, which means that they need to improve their risk management practices.
Increased awareness of risk: Businesses are becoming more aware of the importance of managing risk. They are realising that risk can have a significant impact on their bottom line.
What Are the Skills Needed to Be a Risk Management Consultant?
The skills needed to be a risk management consultant vary depending on the specific role. However, some of the most important skills include:
Business acumen: Risk management consultants need to have a strong understanding of business operations. This will help them identify and assess risks that may impact the organisation.
Quantitative skills: Risk management consultants need to be able to analyse data and use statistical methods to assess risk.
Communication skills: Risk management consultants need to be able to communicate effectively with both technical and non-technical audiences.
Problem-solving skills: Risk management consultants need to be able to identify and solve problems.
How to Become a Risk Management Consultant
There are a number of ways to become a risk management consultant. Some people choose to earn a degree in risk management or a related field. Others gain experience in risk management by working in a business or government organisation. There are also a number of certification programs available for risk management professionals.
The Future of Risk Management Consulting
The future of risk management consulting is bright. The demand for risk management consultants is expected to continue to grow in the coming years. This is due to the increasing complexity of business operations, the increasing regulatory requirements, and the increasing awareness of risk.
If you are interested in a career in risk management consulting, there are a number of things you can do to prepare. First, you should gain experience in risk management by working in a business or government organisation. Second, you should earn a degree in risk management or a related field. Third, you should become certified as a risk management professional.
The field of risk management consulting is a dynamic and rewarding field. If you are interested in helping organisations manage risk, then a career in risk management consulting may be the right choice for you.
In addition to the above, here are some other factors that are driving the demand for risk management consultants:
The increasing frequency and severity of natural disasters.
The growing threat of cyberattacks.
The increasing complexity of financial markets.
The globalisation of business.
As these and other risks continue to grow, the demand for risk management consultants is likely to remain strong.
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Businesses operate in a constantly changing world, where the risks faced can be unpredictable, complex, and varied. The potential impact of risks can range from reputational damage to financial loss, and in some cases, threaten the very existence of the business. To ensure sustainable growth and profitability, businesses need to have robust risk management strategies in place that are aligned with their overall objectives and risk appetite. This is where global risk management solutions come into play, providing businesses with the tools, insights, and expertise to manage risks effectively and proactively.
BusinessRiskTV.com is an online platform that provides a range of risk management solutions and services to businesses worldwide. With a network of risk management experts and thought leaders, BusinessRiskTV.com offers a range of resources, including articles, videos, webinars, and tools, to help businesses understand, manage, and mitigate risks effectively. This article will explore some of the key global risk management solutions available on BusinessRiskTV.com and how they can help businesses navigate the complex and ever-changing risk landscape.
Enterprise Risk Management
Enterprise risk management (ERM) is a holistic approach to risk management that involves identifying, assessing, and managing risks across the entire organisation. ERM aims to create a risk-aware culture within the organisation, where risks are considered in all decision-making processes and integrated into the overall strategic planning process. BusinessRiskTV.com offers a range of resources on ERM, including articles, videos, and webinars, that can help businesses develop and implement an effective ERM strategy.
One of the key benefits of ERM is that it provides a comprehensive view of the risks faced by the organisation, allowing businesses to prioritise and allocate resources effectively. By identifying and assessing risks across all areas of the business, including operations, finance, and reputation, businesses can develop a more holistic understanding of their risk profile and take a more proactive approach to risk management.
Business Continuity Management
Business continuity management (BCM) is the process of identifying and managing risks that could disrupt normal business operations. BCM aims to ensure that businesses can continue to operate in the event of a disruption, whether caused by a natural disaster, cyber-attack, or other unexpected event. BusinessRiskTV.com offers a range of resources on BCM, including articles, videos, and webinars, that can help businesses develop and implement an effective BCM strategy.
One of the key benefits of BCM is that it can help businesses minimise the impact of a disruption on their operations and reputation. By developing a comprehensive business continuity plan, businesses can identify the critical functions and processes that must be maintained in the event of a disruption, as well as the steps needed to recover and resume normal operations. This can help businesses minimise the financial and reputational impact of a disruption, and ensure that they can continue to meet the needs of their customers and stakeholders.
Cyber Risk Management
Cyber risk management is the process of identifying, assessing, and managing risks related to information security and technology. With the increasing reliance on technology in business operations, cyber risks have become a major concern for businesses worldwide. Cyber risks can include data breaches, ransomware attacks, and other forms of cybercrime that can result in financial loss, reputational damage, and legal liabilities. BusinessRiskTV.com offers a range of resources on cyber risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective cyber risk management strategy.
One of the key benefits of cyber risk management is that it can help businesses protect their sensitive information and systems from cyber threats. By identifying and assessing cyber risks, businesses can implement appropriate security measures, such as firewalls, antivirus software, and employee training programs, to mitigate the risks. This can help businesses reduce the likelihood and impact of a cyber-attack, and ensure that their operations and reputation are protected.
Compliance and Regulatory Risk Management
Compliance and regulatory risk management involves identifying and managing risks related to compliance with laws, regulations, and industry standards. Compliance risks can arise from a variety of sources, including changes in legislation, non-compliance with industry standards, and breaches of contractual obligations. BusinessRiskTV.com offers a range of resources on compliance and regulatory risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective compliance and regulatory risk management strategy.
One of the key benefits of compliance and regulatory risk management is that it can help businesses avoid legal liabilities and reputational damage. By ensuring that they comply with relevant laws, regulations, and industry standards, businesses can demonstrate their commitment to ethical and responsible business practices. This can help businesses build trust with their customers and stakeholders, and enhance their reputation in the market.
Supply Chain Risk Management
Supply chain risk management involves identifying and managing risks related to the supply chain, including risks related to suppliers, logistics, and transportation. Supply chain risks can include disruptions caused by natural disasters, political instability, and changes in regulations. BusinessRiskTV.com offers a range of resources on supply chain risk management, including articles, videos, and webinars, that can help businesses develop and implement an effective supply chain risk management strategy.
One of the key benefits of supply chain risk management is that it can help businesses minimise the impact of supply chain disruptions on their operations and reputation. By identifying and assessing supply chain risks, businesses can implement appropriate risk mitigation strategies, such as diversifying their supplier base, implementing contingency plans, and enhancing supply chain visibility. This can help businesses reduce the likelihood and impact of supply chain disruptions, and ensure that they can continue to meet the needs of their customers and stakeholders.
In today’s complex and dynamic business environment, managing risks effectively is essential for sustainable growth and profitability. BusinessRiskTV.com offers a range of global risk management solutions that can help businesses identify, assess, and manage risks across all areas of their operations. From enterprise risk management to supply chain risk management, BusinessRiskTV.com provides businesses with the tools, insights, and expertise they need to navigate the complex and ever-changing risk landscape.
By leveraging the resources available on BusinessRiskTV.com, businesses can develop and implement effective risk management strategies that are aligned with their overall objectives and risk appetite. This can help businesses protect their operations and reputation, avoid legal liabilities, and enhance their competitiveness in the market. In short, global risk management solutions available on BusinessRiskTV.com can help businesses navigate the complex and ever-changing risk landscape and achieve sustainable growth and profitability.
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How to find your dream job with BusinessRiskTV.com
What elements of a job do you want in your dream job? What things detract for enjoying a dream job and how much of a deal breaker would they be if they were part of your job description? Would your dream job meet your financial aspirations as you are unlikely to buck the market rate? If the market rate does not meet your money needs then it could destroy your dream. You may need to rethink your dream job or rethink your lifestyle costs.
Are you thinking about a career change? Needing pointing in the right direction?
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How to be a problem solver for your business with BusinessRiskTV
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Overcome barriers to business success more easily. Collaborate with business risk management experts to save time and money. Get ahead of your competition more profitably.
Helping Clients and Risk Partners Solve Complex Business Problems
Using risk knowledge work experience and risk management skills we can solve most business problems related to business protection and growth. Our passion for problem solving uses problem solving risk analysis tools and determination to work practically and pragmatically to get the desired result for our clients.
Using our passion for problem solving to manage real life business problems faster and cheaper
Our passion for entrepreneurial problem solving has driven a more creative and innovative strategy to help overcome common issues most business leaders face.
We have combined this passion with a practical purposeful actions to open up the world to BusinessRiskTV and its clients. We have embraced the many tools and techniques at our disposal to enable us to provide business solutions to many barriers to being a more successful business.
Our passion for problem solving has led us to offer some business solutions for free whilst charging a fee for other business services to ensure our own sustainability.
Recommended business problem solving articles training and videos
Latest risk management training with BusinessRiskTV risk management training academy-“Unveiling the Problem-Solving Process: How It Empowers Businesses”
Introduction
The importance of problem-solving in business contexts.
Understanding the Significance of Problem Solving
Explore why effective problem-solving is crucial for a business’s success.
Discuss how it can lead to better decision-making and innovation.
How Your Company Approaches Problems
Explain your company’s problem-solving philosophy and principles.
Highlight the emphasis on collaboration and cross-functional teams.
The Problem-Solving Process
A step-by-step breakdown of your company’s problem-solving process.
Detail each stage, from problem identification to solution implementation.
Leveraging Data and Analysis
Emphasise the role of data-driven decision-making in problem-solving.
Discuss how your company utilises data to understand problems better.
Encouraging a Culture of Innovation
Fostering an innovative culture contributes to effective problem-solving.
Examples of successful innovations resulting from this approach.
Adapting to Change and Challenges
Illustrate how your company tackles unexpected challenges through problem-solving.
Highlight the flexibility and adaptability of the process.
The Impact of Problem-Solving on Business Growth
Case studies or success stories showcasing the tangible impact of problem-solving.
Discuss how problem-solving contributes to overall business growth.
Feedback and Continuous Improvement
Emphasise the importance of feedback loops in the problem-solving process.
Explain how your company continuously improves its approach based on feedback.
Conclusion
Summarise the key points discussed.
Reiterate the value of problem-solving for your company’s growth and success.
Apply for business risk management jobs on BusinessRiskTV
Find the latest business risk jobs in UK and beyond. Pick up business risk management career development tips. Maximise your earning potential in a business risk job posted on BusinessRiskTV.
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2008 should have been the watershed moment for the financial services sector and banking in particular to implement systemic changes to incorporate enterprise risk management principles and practices.
FCA and Financial Services Review Into Banking Risk Culture
Financial services companies have continued to bring to market products that have led to claims for compensation. Nonsense of putting the customer first is often uttered in the financial services sector.
The reality is that the financial services sector risk management culture is still systemically broken and it is likely to lead to the next financial crisis. A financial crisis comes along roughly every 10 years. As we look towards 2019 the next financial crisis is overdue.
How will the next financial crisis manifest itself? Not known. Will it happen? Almost certainly. Most countries have not fully recovered from the last financial crisis. Their economies are still very weak. Even the strong are comparatively weak. This means we may never recover from the next financial crisis and so should do more to make sure the next financial crisis is avoided or mitigated.
Most likely cause of the next financial crisis is the compounding and aggregation of financial risk.
BusinessRiskTV
The last financial crisis grew and exploded from the productionisation of simple debt prototype ideas thought up by people who thought they were masters of the world. Despite the new false perception that after ten years we have now paid our dues we are in fact drowning in more unpaid debt than ever.
Unpaid debt will continue to be wrapped up in shiny new marketing material designed to protect the buyers from the toxicity of the core material. Piled high and sold cheap these debt instruments will be combined and recombined. The new for old debt products will build the tower that will be the start of the beginning of the end for many a business in the next financial crisis.
Connecting Business Leaders On BusinessRiskTV
Finding the latest best risk management practices can be time consuming or unfruitful. We make it easier and better.
Searching for what you need to inform your business decision making process is free. Come back often to find the best of risk management online quickly. Pick up the latest business risk management news headlines opinions debate and business reviews.
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We will include all your preferred contact details to make it easy for new potential customers to buy from you instead of your competitors
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Vacancy for job
Apply to fill latest job vacancies. Recruiters now hiring can promote job vacancies. Job hunters can apply direct through recruiters normal recruitment channels. Fill your job vacancy quicker and more profitably with our innovative approach to recruitment. It is increasingly difficult to fill job vacancies in UK.
Is your struggle to fill job vacancies holding your business back? We can help you overcome the brake on your business performance. Find people with the right skills to fill your job vacancies.
We are not recruitment consultants nor a recruitment agency. We do put your business job vacancies in front of people you may want to employ.
Update your recruitment strategy with our fresh approach to connecting you with high quality job candidates.
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Finding the latest best recruits can be time consuming or unfruitful. We make life and business easier and better.
Searching for what you need in business is free. Come back often to find the best and worst business practices. Pick up the latest lifestyle and business news headlines opinions debate and business reviews.
Subscribe to BusinessRiskTV to find out how to fill your skills gaps
Do you have job vacancies you cannot fill? Contact us and tell us about your unfilled job vacancies
Find and post enterprise risk management job vacancies in UK to fill skills gap faster with BusinessRiskTV.com
Are you thinking about a career change?
Looking to develop your career in risk management? Thinking the grass might be greener? It might well be the time to change your job in risk management.
“BusinessRiskTV connecting enterprise risk management job hunters with employers looking to recruit people with excellent enterprise risk management jobs skills and experience”
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We are not recruiters nor a recruitment agency. We do however have the capability to connect risk management job seekers with organisations that are recruiting.
Helping connect enterprise risk management job hunters with recruiting employers
Finding the best risk management jobs can be time consuming or unfruitful. We make risk management career building easier and better.
Searching for a new risk management job is free. Come back often to find the latest best risk management jobs on BusinessRiskTV. Pick up the latest risk management news headlines opinions debate and business reviews.
Develop your career in enterprise risk management today
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Develop your career in risk management today
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Find and fill business risk management jobs in London with BusinessRiskTV.com
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Find risk professionals looking for new job in London. Fill your business risk management job vacancies faster. Get the latest business risk management news headlines opinions debates reviews and deals on BusinessRiskTV.
Manage the people risk in your business better with BusinessRiskTV.
Apply to business risk jobs in London
New exciting business risk job opportunities in London. Find and apply for latest business risk jobs in London. London business risk job hunting tip is to give us as much information as possible including:
What industry
Are you actively looking for new job
Why in a couple of sentences should you be headhunted
How do you want contacted about the latest business risk jobs in London? Provide mobile or email or both.
BusinessRiskTV helping to connect people and businesses to fill skills gaps faster and boost career development
Finding the latest best risk management jobs in London can be time consuming or unfruitful. We make life and career development easier.
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Featured London Risk Management Jobs
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RECOMMENDED BUSINESS RISK JOB OPPORTUNITIES AND CAREER DEVELOPMENT GUIDES
Develop your career faster and fill skills gaps quicker
What things to consider when changing jobs? Well job hunters and career developers are in the driving seat. There is a growing skills shortage in UK. If you have skills and experience that are in short supply the demand for you is higher. Therefore your wages and benefits could be higher.
What are the signs its time to change jobs
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Find an employer who values more what you offer.
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How are G2O countries and large economic areas impacting on your business risks
Our enterprise risk magazines keep you up to date with the latest news opinions risk analysis and business reviews.
Find out how risks in the biggest countries or trade areas in the world creates threats and opportunities for your business wherever you are in the world and wherever you want to export to.
It would help if the G20 countries could create business opportunities more than they create threats for the benefit of the whole world including emerging economies. However you may also need to take actions to mitigate the impact of these countries on your business.
Speak to business leaders and entrepreneurs around the world
Connect with creative innovative ambitious leaders around the world online from your phone pc or mobile device to protect your business better and grow faster.
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Discover the simple and affordable way to manage your business risks better
Manage business risks better by country by industry and by specific types of business risks. Join our business risk management club for free.
Introducing the BusinessRiskTV Business Risk Club
BusinessRiskTV business risk management active members club enables members to contribute to BusinessRiskTV for free. Active members around the world contribute articles and videos to help grow their business faster with less uncertainty to help inform readers business risk management decision making.
Boost your sales more profitably
Increase your network of business contacts
Protect your business uncertainty negatively impacting on your business
If you want an innovative flexible way to grow your business faster and build business resilience join and contribute to BusinessRiskTV Club today.
Members of the BusinessRiskTV business risk management club collaborate to reduce corporate threats and increase business growth opportunities through
business networking with key business decision makers locally and globally
improved risk assessment via better business intelligence
reduced cost of risk control via deals discounts and special offers
Build a more successful and sustainable business more easily with BusinessRiskTV.
Join BusinessRiskTV Business Risk Management Club Today For Free enter code #RiskClub
Join the BusinessRiskTV Business Risk Club and receive FREE business risk alerts bulletins and latest business risk news to stay ahead of your competition.
The Club is free to join. Then you choose whether you want to contribute to BusinessRiskTV to promote your own business and inform online readers. You pay an annual membership fee to regularly contribute to BusinessRiskTV and promote your business interests cost effectively.
Key benefits of BusinessRiskTV Risk Club and reasons to join and contribute today
Free to join. There is no cost to join the club. Once you join you also have the option of contributing to BusinessRiskTV to better market promote and advertise your business. In addition you will have increased access to discussions workshops and executive training to better protect your business. You are in control of what to do next after you join the club for free.
Free business intelligence to inform your decision making to build your business resilience. Club members receive free news alerts and bulletins. Our risk watch service scans the horizon for emerging risks and analyses business risk trends. You can attend online discussions workshops and executive training sessions.
Safe and secure. All payments are made through Paypal an independent third party online payment service which stops us receiving full details of your banking or payment details so you are protected by Paypals security systems.
Build your online profile and connections to grow your business faster. BusinessRiskTV has an impressive online profile to connect you with local and global business risk management experts and new sales for your business.
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Fast Growing Local and Global Business Risk Management Connections
BusinessRiskTV has already built up an impressive bank of like minded business leaders and business risk management consultants for club meMbers to tap into for business tips advice and support.
The BusinessRiskTV Club is carefully expanding its reach to help business leaders to better protect and grow their own businesses and careers.
BusinessRiskTV Club is NOT just a talking shop. It is a business growth hub to practically accelerate members revenue streams. It is business accelerator where everyone has the same interest in seeing the businesses build resilience regardless of economic environment.
Join BusinessRiskTV Business Risk Management Club enter code #RiskClub
Founder of BusinessRiskTV Risk Management Club
Read Keith Lewis Testimonials as to the quality of his work. This gives some background as to the quality of the business risk management business intelligence being gathered and distributed.
Join BusinessRiskTV Business Risk Management Club enter code #RiskClub
You are in control of your relationship with us
In addition to controlling your own business risks better you are in total control of how you use BusinessRiskTV and how much you want to contribute to it to increase your own business growth.
You are always in control of your subscription to BusinessRiskTV club. You can choose to remain on the free membership and still receive free business intelligence and risk knowledge. Or you can regularly contribute to the content and thus increase your own business profile and business growth.
We are in it for the long term and look forward to working with members for sustainable mutual benefit. If you want to stop your membership you can at any time. We are looking forward to you working with us to help your business grow faster.
Hands Free Business Growth and Development Of Your Business
One of the great strengths of the BusinessRiskTV business risk management club is that members do not need to know how to market their business online. You can simply email us the message you want to promote and we can connect you with more new potential customers or other business leaders.
You can read business risk management articles or watch videos for free including business risk management expert opinions and analysis to inform your own business decision making process.
After you join the club you can just use it as a simple way to be kept up to date on emerging and developing corporate risks impacting on your business objectives.
Sit back and receive email alerts to important business risk intelligence to develop your risk management knowledge. Alter your business risk management plan accordingly based on expert risk analysis. Alerts bulletins and news have the potential to build your business resilience and business growth.
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Boost Your Business Growth
BusinessRiskTV Club could be very profitable for your business if you contribute to the content and connect to your business. There are no guarantees of returns but membership of the club expands your options for greater business success and business resilience. There will be failures. That is the nature of business marketing and development. However you will get access to innovative flexible ways to grow and protect your business better. We will minimise the cost of uncertainty impacting on your business objectives over time. At the same time we will increase the chances of become a market leader in your industry and country.
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Frequently Asked Questions FAQs
Is BusinessRiskTV Club free to join and how does BusinessRiskTV make money? It is free to join now to receive free alerts bulletins and business risk news. If you want to contribute to BusinessRiskTV by becoming a Member you pay an annual fee. BusinessRiskTV also accepts donations to support free independent business risk management news broadcasting and business risk management research. In addition businesses pay us one off fees to promote market and advertise their business products and services.
Am I tied into the BusinessRiskTV Club? It is free to join club. If you want to contribute to BusinessRiskTV there is a membership fee. You are free to leave the club at anytime. You will not be entitled to a refund of the annual membership fee but will not be tied to renew your membership.
How long does membership last? 12 months renewable annually.
I do not know anything about online business marketing and development? That is one of the great strengths about being in the Business Risk Management Club. You simply join now and then we will email you to find out what you need to do to grow your business faster. We will then go away and start your marketing and promotion campaign. We will design post and update your contributions to promote your business. Our team of enterprise risk experts and business risk advisers to help protect and grow your business faster.
How fast will my business grow? It is impossible to say. It depends on how well we can work together to get the most from your existing business development tools and initiatives. The potential is there for massive gains but the value of your membership fee could be worthless if we fail to work well together. That is why our members should always diversify our marketing options to maximise the likelihood of increasing sales. We will guide you on the diversification options based on our discussions on what you offer and when. You are not putting all your business development eggs in one basket but the affordable membership fee expands the likelihood of your business growing faster.
How often can my business contribute to BusinessRiskTV? Contribution levels is based on hours it takes to produce and publish each contribution. You will be buying 56 hours of work to produce and publish your contributions each year.
Does my business need to contribute regularly to BusinessRiskTV? No. The more you contribute the more you promote your own business interests and increase the chances of faster business growth.
My business marketplace is not in UK so can I still join and contribute to BusinessRiskTV? YES! The Club is open to any business selling legal and morally acceptable products and services. Legal is legal but morally acceptable comes down to our own opinion as to what is morally acceptable. Areas include Europe USA Canada Latin America Australia and Asia Pacific.
Is paying my membership fee safe? Yes. Your membership fee will be paid via Paypal a global independent payment provider who have their own safe and secure payment systems. We will never see your full payment details as these are retained by Paypal who will transfer your membership fee to our Paypal account.
What is the annual membership fee? This will vary depending on how many members we have. As the number of members increase so will the annual membership fee so get in quick to keep your membership fee low!
Join BusinessRiskTV Business Risk Management Club enter code #RiskClub
Protect and grow your business with the best assets your business needs with help from BusinessRiskTV
Beating your competitors to top high performing talent
Fill your skills gaps faster to increase your business productivity with better access to more high-performing recruits. Attract develop and retain talent your competitors can’t find or attract.
A growing skills gap in the UK Australia and USA will hold back organisations who are not more innovative and creative with their recruitment process. It is one of the biggest threats to corporate objectives this year.
Retaining increasingly expensive employees is also key to improve business model sustainability.Its more profitable to keep talented high performers. They have the skills and knowledge to help you grow faster and replacing them will impact on your profit and make it less likely you will achieve your business objectives.
So you’ve got talented staff but how do you turn them into high performers
Attracting and retaining the best employees can be supported by selling and delivering better employee engagement strategy. Engage your employees more to help you achieve your business objectives with more certainty.
Recruitment strategies to attract and retain talent in UK
How do you attract the right employees to help you improve your business performance? Many employees are looking for an opportunity to help your business grow faster. To retain such employees you need to develop them to help develop your business.
We can work with you to turn new recruit enthusiasm into improved results working together with more established employees who know your business processes and objectives well.
There is enormous costs associated with recruiting employees. What a waste to let this talent pass leave quickly through high turnover of staff. Work harder at retaining staff and not only will you boost your business performance, but you will reduce your recruitment costs, as people will stick with you, not leave to join your competitor.
Get help from BusinessRiskTV to help you attract and retain the best people in the UK. Increase your chances of business success by developing your existing business leaders to implement a new improved business strategy.
High employee turnover costs you time, money and your personal productivity. Top talent is hard to attract and even harder to keep. Adopt new more creative ways to source, select and retain talented employees.
Reshape and redefine your employer-employee relationship. Learn more about more creative ways to attract employees, help them perform better to keep them longer
Recruit and Retain Employees More Easily and Cost Effectively enter code #AttractingEmployees
We provide information advice and guidance to help you make best career decisions on learning training and work choices in UK
Whether you are just starting out or are an experienced member of your team or business your future career prospects start here
Get expert careers advice on job applications CVs and cover letters interview tips starting a new job and career planning.
Find and apply for jobs online with help from BusinessRiskTV.com. Fill your job vacancies.
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You can find knowledge on everything from interview tips to career advancement guides. Start browsing for a new job now!
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Read career articles helping you to find a job manage your career better and watch live and on demand career tips videos
BusinessRiskTV expert career advice includes CV advice interview advice cover letter next career steps planning. Our career advice service covers all stages of the job search process.
Ask us your personal career question
Our career planning experts can help you choice a better career path
Job search in the UK online with BusinessRiskTV.com
Looking for better job opportunity
How to get a better paying job.
Want a better job
Tips for finding a better job
Finding a better job may not mean you have to leave your present employer. An existing employer may have new job opportunities for you if you move side ways as well as up. Moving sideways for same pay may give you the opportunity in near future to lift your career to a new level.
Find and apply for jobs online with help from BusinessRiskTV.com. Fill your job vacancies.
Assuming you are leaving to find a better job BusinessRiskTV can help your career breakthrough to better pay and a more rewarding opportunity.
Find a better job
Many great companies work with BusinessRiskTV to find solutions to their business problems. One problem for employers is the growing skills gap. Many businesses do not have enough of the right skilled workforce to do what they need to do.
Develop the career you want not the one you have fallen into
Ever feel trapped in your job? Want to feel more wanted? If you have the aptitude and a good work ethic there are many unfilled job vacancies in the UK.
However great opportunities rarely simply fall into your lap. You have to graft at career development to speed up the process and become a success.
Developing your career faster means you will get more money as a by product of your success, so its not being greedy wanting more money. It is part and parcel of being more successful in your career development.
In the UK we tend to be a bit more reserved. Talking about wanting a better paid job and career progression may be frowned upon You’re too big for your own boots but it is okay to moan about being skint. Not having enough money to do the things you want in life can normally only be solved by looking for a better job unless you win the lottery!
If you want a better job you’re going to have to work hard at finding a better job. BusinessRiskTV can assist though you will still need to put in the time but if you do then you will get a better job. It is the law of supply and demand. If you have the talent then you’re dream job is out there so get grafting now!
However better paying jobs aren’t always better jobs. Sometimes better paying jobs are the jobs most people don’t want to do and thats why you get premium pay level. Make sure you know what’s out there and then work hard at putting yourself in the best position to secure your dream job.
