Exploring consequences of poor risk management with BusinessRiskTV
There are often good reasons for poor risk management. That does make poor risk management acceptable. Causes of poor risk management are varied. They include poor risk management culture, an inadequate enterprise risk management framework with accepted risk owners and risk supervisors as well as lack of effective enterprise-wide risk assessment process.
We believe there are business experts out there who want to improve the quality of enterprise risk management. Our introductory risk management toolbox talks are designed to open up your mind to more innovative ways to doing more business with less uncertainty. If you like our approach, you will have the opportunity to become a member of BusinessRiskTV for 12 months to protect your business better and grow your business faster.
Failure To Manage Enterprise Risks Vs Failure Of Risk Managers Risk Management Toolbox Talk
In this context we do not just mean people with Risk Manager in their job title. We mean people who should take ownership of specific key enterprise risks as well as the people charged with monitoring or supervising risks including making sure risk management is embedded within the day to day activities of the business or enterprise.
Do you know if your business is making good or bad enterprise risk management decisions? Pandemic risk management is a good example of good and bad risk management – under pressure we make good and bad decisions. Every day pre-pandemic managers of business risk are under pressure. Post-pandemic managers of risk will remain under pressure.
This enterprise risk management toolbox talk focuses on understanding business risks better and how to make better business decisions to build business resilience and boost business performance. Because your time is so valuable we will complete our introduction to better enterprise risk management in no more than 30 minutes.
Title: Failure To Manage Enterprise Risks Vs Failure Of Risk Managers Date: Wednesday, 6th January, 2021 Time: 5:00-5:30 p.m. GMT Speaker: Keith Lewis, BusinessRiskTV
In this enterprise risk management toolbox talk we will cover:
Taking personal ownership of enterprise risks.
Understanding the true level of risk facing your business.
Identifying risk management action to protect your business better and grow it faster.
Save the date for introduction to how to improve your management of business risks to boost your business resilience and performance.
Participants at introductory online risk management toolbox talk can also put themselves forward as business risk experts at future more advanced online workshop events to share your expert business knowledge and promote their business interests. Are you a risk management expert in your country, industry or specific risk topic? Get in touch with us if this is you.
Want to promote market and advertise your business?
BusinessRiskTV Pro Risk Manager members are untitled to 50 percent discount off normal advertising and marketing services. CLICK HERE or email editor@businessrisktv.com entering code #Marketing.
BusinessRiskTV Enterprise Risk Management (ERM) Training Workshops and Discussions
Subscribe to free alerts to upcoming enterprise risk management webinars
Reduce uncertainty impacting on your business objectives. BusinessRiskTV enterprise risk management webinars help inform your business decision making. Understand fundamentals of risk based management. Learn new enterprise risk management strategies to boost resilience and growth. Be coached online with best enterprise risk management practices. BusinessRiskTV webinars tackle latest country and industry enterprise risks. What should should know today? How do you manage your business risks better.
Enterprise Risk Management (ERM) Webinar Series
Find out more about global risks to your business. Be aware of local risks. What is happening in your industry you should know about before your next big decision.
Get horizon scanning risk insight.
Develop your risk knowledge.
Build your business intelligence.
Global and local risk experts talking online about risk matters that could impact on your business objectives.
What are some strategies you can adopt to help you navigate uncertainty in the business world
Explore the trends and challenges in your business marketplace. Develop and execute new enterprise risk management strategies to survive and prosper no matter what the business environment is.
An insightful business risk webinar may help you avoid mistakes others have already made.
Discover new ways to grow your business faster.
Access risk management guidance to overcome challenges to your business progress.
Know when free and paid webinars are coming up so you can join the ones that matter to your business. BusinessRiskTV members receive a discount on paid webinars.
Affordable Online Small Business Coaching Packages | eBusiness Mentor Service
Unlock your business potential with BusinessRiskTV.com’s eBusiness Mentor Service! Our tailored online small business coaching packages provide affordable, one-on-one mentorship designed specifically for entrepreneurs. Benefit from practical tools and techniques to accelerate your growth and navigate challenges effectively. Whether you’re starting a new venture or looking to expand your established business, our flexible coaching blocks allow you to choose the support you need. Gain insights from experienced business coaches and transform your approach to risk management and decision-making. Invest in your success today – sign up for our coaching packages and join a community of thriving small business leaders at BusinessRiskTV.com!
A flexible small business coaching package is affordable and delivered online
Business coaches for entrepreneurs. Use our eBusiness Mentor Service. Online small business coaching packages are tailored to your business priorities. Start or grow your small business with help from small business coach. ebusiness coaching mentoring provides practical tools and techniques to grow your business faster. A one to one business mentor will work with you to help you achieve greater success quicker. Get more out of your investment of time and money in your business. Every small business coaching package is arranged in blocks. You can buy more support if it works for your business.
Discover the best small business coaching package for your business.
Guide On Saving A Struggling Small Business With BusinessRiskTV
Struggling Small Business Guide
A Guide to Saving a Struggling Small Business in the UK
Small businesses play a crucial role in the UK economy, contributing to job creation, innovation, and local communities. However, even the most resilient businesses can face challenging times. Economic downturns, unforeseen circumstances, or poor management can lead to a struggling business. If you find yourself in this situation, it’s essential to take proactive steps to turn the tide and revitalise your small business. In this guide, we will explore strategies to save a struggling small business in the UK and set it on a path towards success.
Assess the Current Situation: To save a struggling small business, the first step is to conduct a thorough assessment of its current situation. Start by analysing your financial records, including cash flow statements, profit and loss statements, and balance sheets. Identify areas where costs can be reduced or revenue can be increased. Look for patterns or trends that indicate underlying issues. Additionally, assess your business’s market position, competition, and customer feedback to gain insights into areas that require improvement.
Develop a Turnaround Plan: Once you have a clear understanding of your small business’s challenges, it’s time to develop a comprehensive turnaround plan. This plan should outline specific objectives, strategies, and tactics to address the identified issues. Consider the following key elements:
a) Financial Restructuring: Explore options for debt consolidation, renegotiating contracts, or seeking additional financing. Develop a realistic budget and cash flow forecast to ensure financial stability.
b) Operational Efficiency: Streamline operations by identifying inefficiencies, eliminating redundant processes, and optimising resource allocation. Look for ways to reduce overhead costs without compromising quality.
c) Marketing and Sales: Evaluate your marketing and sales strategies. Identify target markets, refine your value proposition, and leverage cost-effective marketing channels. Enhance customer engagement and explore new avenues for revenue generation.
d) Customer Experience: Focus on improving customer satisfaction by delivering exceptional products or services. Encourage feedback, implement suggestions, and address any issues promptly. Cultivate customer loyalty and retention through personalised experiences.
Seek Professional Advice: In challenging times, seeking professional advice can provide valuable insights and guidance. Consider engaging the services of a business consultant, accountant, or financial advisor experienced in turnaround strategies. They can help you analyse your business, identify blind spots, and offer tailored solutions. Additionally, they may provide recommendations on accessing government support schemes or grants designed to assist struggling businesses.
Embrace Innovation and Adaptation: In a rapidly changing business landscape, embracing innovation and adaptability is crucial. Identify opportunities to diversify your offerings or enter new markets. Stay up to date with industry trends and technological advancements that can enhance your competitive edge. Explore digital transformation initiatives, such as e-commerce integration, online marketing, or process automation. By continuously evolving, you can keep your business relevant and resilient.
Engage and Motivate Employees: Your employees are vital assets in turning around a struggling small business. Engage them in the turnaround process by fostering open communication, transparency, and a shared sense of purpose. Encourage their creativity and input, as they may offer valuable suggestions for improvement. Recognise and reward their efforts to boost morale and motivation during challenging times. Provide training and development opportunities to enhance their skills and adapt to changing business needs.
Monitor Progress and Adjust: Implement key performance indicators (KPIs) to monitor the progress of your turnaround plan. Regularly review financial and operational metrics to gauge the effectiveness of your strategies. Stay agile and be prepared to adjust your plan based on emerging trends or unforeseen circumstances. Learn from both successes and failures, and continuously refine your approach to ensure sustainable growth.
Saving a struggling small business in the UK requires a proactive and strategic approach. By assessing the current situation, developing a comprehensive turnaround plan, seeking professional advice, embracing innovation, engaging employees, and monitoring progress, you can increase the chances of revitalizing your business and setting it on a path towards success.
Remember that turning around a struggling business takes time, effort, and resilience. It requires a willingness to adapt to changing market conditions, make tough decisions, and implement necessary changes. Be open to feedback, stay focused on your objectives, and remain flexible in your approach.
Furthermore, don’t hesitate to leverage available resources and support networks. The UK government provides various initiatives, grants, and support schemes for struggling businesses. Stay informed about these opportunities and explore how they can assist you in your turnaround efforts.
Lastly, remember that you are not alone. Seek support from fellow entrepreneurs, industry associations, or business networks. Sharing experiences and learning from others who have successfully navigated similar challenges can provide valuable insights and inspiration.
While saving a struggling small business is undoubtedly challenging, it is not impossible. With determination, strategic planning, and a willingness to adapt, you can overcome obstacles and breathe new life into your business. By implementing the strategies outlined in this guide and seeking the necessary support, you can set your small business on a path towards long-term viability and success.
Remember, every setback is an opportunity for growth and improvement. Stay committed, stay focused, and never lose sight of your vision for your small business.
Make Most Of Your Business Opportunities With Executive Coaching Services From BusinessRiskTV
Empowering Small Businesses Through Tailored Coaching Packages
Starting and growing a small business can be both an exhilarating and challenging journey. With numerous responsibilities and ever-evolving market dynamics, entrepreneurs often find themselves navigating a landscape filled with uncertainty. This is where BusinessRiskTV.com steps in, offering flexible and affordable online small business coaching packages designed to meet the unique needs of each entrepreneur.
The Need for Small Business Coaching
Understanding the Challenges
Small businesses face a myriad of challenges that can hinder their growth and success. From managing finances and marketing to navigating regulatory requirements and competitive pressures, entrepreneurs must juggle multiple tasks. Often, they may lack the necessary experience or resources to tackle these challenges effectively. This is where a business coach can make a significant difference.
The Value of Coaching
A business coach serves as a mentor, guide, and strategist, helping small business owners develop the skills and knowledge necessary to overcome obstacles. With tailored coaching, entrepreneurs can gain fresh perspectives, practical tools, and actionable strategies to enhance their business performance.
Introducing Our eBusiness Mentor Service
At BusinessRiskTV.com, we offer an innovative eBusiness Mentor Service that provides personalised coaching for small business leaders. Our online coaching packages are designed to be flexible, affordable, and easily accessible, ensuring that entrepreneurs can receive the support they need, no matter where they are located.
Key Features of Our Coaching Packages
1. Tailored Approach: Each coaching package is customised to align with your specific business priorities and goals. This ensures that you receive the most relevant and impactful guidance.
2. One-on-One Mentorship: You will work directly with an experienced business mentor who will focus on your unique challenges, providing insights and strategies that drive success.
3. Practical Tools and Techniques: Our coaching packages equip you with actionable tools and techniques to implement immediately, allowing you to grow your business faster.
4. Flexible Blocks of Sessions: Our coaching is arranged in blocks, giving you the flexibility to purchase additional support as needed. This allows you to scale your coaching experience according to your business’s evolving requirements.
5. Affordable Investment: We understand the financial constraints small businesses often face. Our coaching packages are designed to be budget-friendly, ensuring you can invest in your growth without breaking the bank.
How Our Coaching Packages Work
Initial Consultation
Your journey begins with an initial consultation where we assess your current business landscape. During this session, we identify your primary challenges and establish a clear set of goals. This foundational step allows us to customise your coaching experience effectively.
Structured Coaching Sessions
Our coaching packages typically consist of a series of structured sessions. Here’s how it works:
1. Identifying Goals: In the early sessions, we work together to define your business objectives and outline a roadmap to achieve them.
2. Strategic Planning: We delve into strategic planning, analysing your business model, target market, and competitive landscape. This helps in creating a solid plan for growth.
3. Practical Implementation: As we progress, we focus on implementing strategies and tools that facilitate growth. This includes marketing techniques, financial management strategies, and operational improvements.
4. Ongoing Support: You will have access to ongoing support through additional sessions, allowing for continuous improvement and adjustment of strategies as your business evolves.
Flexible Coaching Blocks
Our coaching packages are arranged in flexible blocks, allowing you to choose the number of sessions that best fits your needs. If you find that you require more support, you can easily purchase additional blocks to continue your mentoring journey.
Benefits of Our Small Business Coaching Packages
Accelerated Growth
By leveraging the expertise of a business coach, small business owners can accelerate their growth trajectory. Coaches provide the insights and strategies needed to make informed decisions quickly, enabling businesses to capitalise on opportunities faster.
Enhanced Accountability
Having a business mentor fosters a sense of accountability. Regular check-ins and goal-setting sessions encourage entrepreneurs to stay focused on their objectives, making it easier to track progress and make necessary adjustments.
Improved Decision-Making
Coaching provides small business leaders with access to a wealth of knowledge and experience. This guidance enhances decision-making capabilities, allowing entrepreneurs to navigate challenges more effectively.
Networking Opportunities
Through our coaching programme, entrepreneurs gain access to a network of like-minded individuals. This community can offer additional support, resources, and opportunities for collaboration, further enriching the coaching experience.
Who Can Benefit from Our Coaching Packages?
New Entrepreneurs
For those just starting their entrepreneurial journey, our coaching packages offer essential guidance. New business owners can benefit from mentorship that helps them navigate the early stages of business development, laying a strong foundation for future growth.
Established Small Business Owners
For established businesses, our coaching can help refine existing strategies and explore new growth opportunities. Coaches can provide insights into market trends, operational efficiencies, and innovative approaches to expand your business.
Non-profit Organisations
Our coaching services are not limited to for-profit businesses. Non-profit organisations can also benefit from our tailored coaching, helping them improve their operations, fundraising strategies, and community impact.
Success Stories from Our Clients
To illustrate the impact of our coaching services, let’s explore some success stories from clients who have experienced transformative growth through our eBusiness Mentor Service.
Case Study: Tech Startup Growth
Client: Jane D., Founder of a Tech Startup
Challenge: Jane launched her tech startup but struggled with market positioning and attracting customers.
Coaching Impact: Through tailored sessions, Jane identified her target audience and refined her marketing strategy. She implemented actionable steps provided by her coach, resulting in a 150% increase in customer acquisition within six months.
Case Study: Non-profit Expansion
Client: Mark T., Director of a Non-profit Organisation
Challenge: Mark’s organisation faced challenges in fundraising and community engagement.
Coaching Impact: With guidance from his business mentor, Mark developed a comprehensive fundraising strategy and enhanced community outreach efforts. Within a year, the organisation doubled its funding and increased volunteer participation by 40%.
Case Study: Retail Business Revamp
Client: Linda K., Owner of a Local Retail Store
Challenge: Linda faced declining sales and increased competition from online retailers.
Coaching Impact: Through targeted coaching sessions, Linda revamped her business model, incorporated e-commerce, and improved customer service. As a result, her store saw a 30% increase in sales over the following year.
Getting Started with BusinessRiskTV.com
How to Sign Up
Joining our eBusiness Mentor Service is simple. Explore our coaching packages with one of our consultants. You can choose the option that best fits your needs and schedule your initial consultation. Our team will guide you through the process, ensuring a seamless experience.
Choosing Your Coach
We understand that the right coaching relationship is critical to your success. At BusinessRiskTV.com, we take the time to match you with a mentor whose expertise aligns with your business goals. This personalised approach ensures that you receive the most relevant guidance.
Flexible Scheduling Options
Our online platform allows for flexible scheduling, making it easy to fit coaching sessions into your busy calendar. Whether you prefer morning or evening sessions, we strive to accommodate your needs.
Conclusion
Starting and growing a small business is an exciting journey filled with challenges and opportunities. With the right support, entrepreneurs can navigate the complexities of business management and achieve greater success.
BusinessRiskTV.com offers flexible, affordable online small business coaching packages that empower you to take control of your business’s future. Our eBusiness Mentor Service provides tailored guidance, practical tools, and one-on-one mentorship to help you grow your business faster and more efficiently.
If you’re ready to invest in your business’s success, explore our coaching packages today and discover how BusinessRiskTV.com can help you turn your entrepreneurial dreams into reality. Join our community of empowered small business leaders and start your journey towards success!
Gain new clients and contacts Connect with local and growing companies for new enquiries business development and referrals. Join today on BusinessRiskTV.com
Virtual business networking events. Online business networking group events aid improved productivity. Virtually together with online business networking group events. Find networking events. Pick the country industry or business risk or topic you want to learn more about. Discover online business networking opportunities to grow your business faster. Meet up online in online workshops webinars and discussion groups. Focus your time on what matters to your business today and tomorrow. Build new relationships for mutual benefit in online business networking groups. Diversify your risk management knowledge and business intelligence to reduce uncertainty impacting on your business success. More cost effectively meet online.
BusinessRiskTV business connections and networking services can help your business grow faster with less uncertainty
Networking Events Near Me Service finds the best networking event for your business needs near you to attend in person. Business networking events are often held in local hotels with easy access to you and good parking.
Online Business Networking Group Events Online with BusinessRiskTV
BusinessTiskTV business network magazine can keep you informed of upcoming online virtual networking events. Find new online business networking events with BusinessRiskTV for your country or industry risks. Use our online resources offering quick simple ways to access new information to inform your business decision making.
Local Networking Online With BusinessRiskTV
Network with business leaders looking to grow business faster with less uncertainty on BusinessRiskTV.com
Guide to Risk Management Principles and Practices with BusinessRiskTV.com
BusinessRiskTV business risk consultancy can help guide your business improvement. Are you interested in risk management principles and practices? Connect with risk management experts and business leaders locally and globally online. Read research and development in enterprise risk management ERM.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox
Complete and submit the form with code #RiskManagementGuidance.
Access risk management guidance and tools to help businesses understand what they need to do to manage business risks better
Adopt an integrated approach to risk management. Create the best risk management framework and risk assessment process for your strategic operational and project needs.
Manage the impact of uncertainty on your business objectives better. Access support to build your business resilience and raise risk awareness. Manage governance risk and compliance holistically to use your business resources more effectively.
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!
Everyone should be rewarded based on achievement of risk management plan. If your risk management plan has been correctly drafted and embedded it will bring business success. Your risk management plan should be to achieve business objectives set with enterprise risk management methodology. A holistic approach to business decision will produce greater resilience and longer term sustainable success.
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.
Enterprise risk management ERM creates a clear picture of where you are now and plans to get you to where you want to be. However everyone needs to engage in the process for it to work optimally. It is to be present in strategic operational and project risk management.
Build more confidence in your ability to implement a better risk management system
Risk management can help profitability enhance all stakeholder confidence and protect your brand and reputation. Create the environment for more effective business outcomes and greater profitability.
If you improve your confidence in your risk management system you can actually take more risks to achieve more in business.
BusinessRiskTV
Increase your risk knowledge and business intelligence. Change your perspective of risks and risk management. Redefine what is acceptable risks without breaching your risk tolerance. If you are not confident in your risk management capability it is hard for the business and business leaders to perform well.
Decide how best to manage risks in your business. Build your colleagues confidence with training and support from BusinessRiskTV. Find out more by completing and submitting the form below and enter code #Confidence.
Read articles and watch videostream on building business management confidence trending on BusinessRiskTV
Develop new business projects with more confidence in your success with BusinessRiskTV business risk consulting and training services and risk management partners entering code #BusinessConfidenceForum
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new buyers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE for more information.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Making the most of unexpected disasters. Make the most of disasters. No one asks for a disaster to hit their business but when one comes along look for the opportunities that come with it. If you do this as part of business continuity planning you can come out of the disaster quicker stronger and more resilient.
How to reduce uncertainty in business with BusinessRiskTV
Want to read watch videos and speak to experts who can help protect and grow your business through all types of business environment?
Our Knowledge Marketplace, Business Experts Hub and risk management experts:
Write risk management articles to inform your decision-making
Produce videos and host live online events, training and workshops to develop your risk management knowledge and skills
Offer risk management consulting services to help you overcome business problems.
A disaster can be an opportunity to grow if you change your mindset
To come out the other side of major risk event stronger includes being ready to seize new business opportunities as well as mitigate downside risk impact.
You may be able to bring forward future planning as result of risk event. If you have a major fire then do not just build what you had before. Bring forward better ways of working that you may have planned for 5 years time prior to risk event.
Competitors who are not resilient as your business may not survive crisis. This may allow you to change pricing or provide opportunity to introduce new marketing campaign to mop up their customers.
You products or services may simply be more in demand after the crisis than before it. Attitudes of business buyers and consumers will change during and after the crisis. Your business maybe well positioned to take advantage of change of attitude to sell more and grow your business faster.
There is nothing morally bad about making the most of a bad situation. If you survive a crisis you have the right to explore a new way of working that will benefit both your business consumers and society.
Many great inventions or innovations have been introduced and transformed life and business due to mistakes. Some new drugs and products were discovered when the inventor or developer was trying to achieve something totally different from what transpired as brilliance.
Necessity is the mother of invention
When forced into an existential situation it is human nature to fight to survive. There will always be risk events that threaten survival in business. Sometimes they risk event may be located on one business. On rare occasions a risk event threats whole business systems of working.
Around every 10 years business leaders should expect a financial crisis that threatens business survival. It is almost impossible to know how the financial crisis will arise. The cause of the risk event that creates the crisis is less important than the resilience to overcome the impact on your business.
Th last financial crisis was 2008. May countries in Europe have still not recovered from the 2008 financial crisis never mind businesses.
If you are in business for the long haul then you need to be prepared for at least one financial crisis every 10 years. In between you need to be ready for your own individual crisis’s that pop up just for your business.
Learning opportunities from a crisis
Major risk events are perhaps alarmingly more frequent than one expects. Rather than being overly alarmed maybe the best thing to do is learn from risk events. Take the good from the bad to improve future business performance.
Do not press the panic button
We can also learn from other businesses who make mistakes on our behalf! If they suffer find out what they did wrong learn from their mistakes and make sure your business does not suffer the same consequences.
More than that find out what lessons other business leaders have learned from their past mistakes or negative risk events
Sharing bad experiences allows the herd to be better protected! Sharing successes helps the herd to join in on the success for faster growth and speedier progress.
Power Of Collaboration In Business Development
Subscribe to BusinessRiskTV for free alerts bulletins and risk reviews to your inbox to better protect and grow your business
Clever branding to create a marketing strategy to increase your brand awareness. Let people know what your business is offering on BusinessRiskTV when they are already interested in your type of business.
How to develop a brand With BusinessRiskTV
Brand Awareness Campaign Ideas With BusinessRiskTV.com enter code #CleverBranding
BusinessRiskTV is a great place to try some creative marketing for your business. Pick up free branding tips and ideas. Get your business brand out there more sustainably. Create a great brand positioning strategy with BusinessRiskTV. Learn how to build brand awareness.
Complete the form below and enter code #CleverBranding to find out more about what BusinessRiskTV can do for your business.
Reducing the risk of supply chain disruptions with BusinessRiskTV.com
Reduce supply chain risk. Should one supplier be shutdown for whatever reason your business should be able to continue without interruption. At the very least ensure you have alternative risk control measures to react to normal supply interruptions. The proximate cause of the supply chain disruption could be wide and varied including fire political social unrest natural disaster or even something called coronavirus. Assessing the risks from your supply chain is critical to the resilience of your business. Diversifying supply chain can increase costs but need not automatically follow.
Supply Chain Risk Management Articles Discussion Live On Demand Video Streaming To Help You Manage Risks Better
Adapt quickly to changes within the supply chain to minimise the risk of disruptions to your business performance. Scan the horizon to look for future potential for disruption. Analyse the current risks and take appropriate action.
Supply Chain Risk Management BusinessRiskTV
Subscribe to BusinessRiskTV for free supply chain risk management alerts bulletins and reviews to your inbox
Complete and submit the form below and enter code #SupplyChainRisks.
Join our free online supply chain risks group discussion
ASK TO JOIN SUPPLY CHAIN MANAGEMENT DISCUSSIONS NEWS OPINIONS AND REVIEWS
Supplier Diversification In Supply Chains
Critical Key Supply’s Should Be Manufactured In Your Own Country More To Mitigate Breaking Supply Chain To Your Business
EU leaders last month stressed the need for the bloc to have strategic autonomy after the coronavirus crisis.
The European Union and its companies need to diversify their supply chains to reduce their reliance on individual countries but that does not mean bringing all production back to Europe
European Union EU Trade Chief
With the coronavirus pandemic many have now realised that there has been an over reliance on Asia for the supply of key supplies. Austrian EU diplomats think this means more manufacturing and production of key supplies should be brought home. Whilst this does not mean all Asian supplies from Asia should cease it does mean more manufacturing is required in your own country to build supply resilience.
We need to look at how to build resilient supply chains based on diversification acknowledging the simple fact that we will not be able to manufacture everything locally
European Union EU Trade Chief
Dutch trade minister Sigrid Kaag told reporters after the video conference with EU counterparts that there was an awakening to the need to determine the weakest links in value chains. How can you mitigate the overdependence on countries such as China or India when it comes to essential goods.
During the coronavirus pandemic FranceGermany and USA were just some of the countries who intervened at government level to stop supply of some products including personal protective equipment and medical equipment. When supply comes from outside your own country you are diversifying your supply chain but over reliance on overseas supply can increase risk of supply chain interruption. Arriving at the right balance is key to maintaining good business performance and strong business resilience.
Promote and market your supply chain risk related business on BusinessRiskTV for 12 months
Put your products and services in front of new customers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally/ CLICK HERE for more information.
Link into your existing sales process or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Supply Chain Risk Consulting
Get help from one of our Supply Chain Risk Consulting Partners to manage your supply chain risks better.
BusinessRiskTV Risk Partners enter code #SupplyChainRiskConsultingQuote
Global Supply Risks And COVID-19 Pandemic Health Risk Management
Opening up the skies is a big part of easing global supply crisis. More holidaymakers increases airfreight opportunities and lowers international trading by air costs. Shortening supply chain, reversing globalisation, can increase speed of change and flexibility in an uncertain world as well as build resilience whilst protecting the environment from supply chain costs.
Harness more knowledge to improve your life and business with BusinessRiskTV.com
Our knowledge marketplace is for both buyers and sellers. If you are an expert who can help solve life and business problems. Sell in our knowledge market. Sell your personal knowledge. Sell better business answers to buyers who need quick ways to overcome barriers to business success. We are building networks of business leaders entrepreneurs and life coaches who create a knowledge hub for you to find the answer to your questions quickly.
Identify what our experts know and what you need to know to overcome problems quicker. Connect with lifestyle and business experts live online. In many cases access free initial consultation to find out if our experts can help you.
Knowledge is key to improving your personal and business decisions. Sell and distribute your business or lifestyle improvement knowledge to people who are stuck and in a hurry to overcome problems.
The Knowledge Marketplace
Global Risk Report Discussion Analysis and Review On BusinessRiskTV
Visiters to BusinessRiskTV can ask questions to get better answers quicker
We have a range of forums to get the answers you need to improve your life or business quicker. Some are free others attract a fee. You have to be a member of BusinessRiskTV to ask a question. Membership is free.
Join today for free. CLICK HERE and enter code #KnowledgeMarketplace or email editor@businessrisktv.com
Making a market in knowledge in our online knowledge market
Working with our Knowledge Partners we make it easier to make better decisions in life and in business. Our Knowledge Partners include entrepreneurs business owners executives risk professionals and life coaches who are seeking to connect with more potential clients.
If you have lifestyle improvement or business expertise to help others overcome problems become a Knowledge Partner. You will be a business expert or lifestyle enhancer.
How to overcome loss aversion with BusinessRiskTV.com
How do we make the best use of available business assets and resources to maximise return of investment of time and money
Fear of loss often beats the desire to gain more. Fearing losing everything you have built is natural human reaction. However is your fear getting in the way of seizing new business opportunities? Keep innovating and growing with less uncertainty with BusinessRiskTV.
Develop a holistic risk management culture to drive your business forward. Up your risk appetite to achieve more with more controlled balanced risk taking.
The biggest factor in business leader decision making is fear of loss. People worry about loss more than securing gains.
BusinessRiskTV
Develop a more assured risk management framework and risk assessment process to match your risk culture. Make sure your risk taking remains within your risk tolerance.
Do you have loss aversion bias in decision making?
Business leaders who are loss averse feel the pain of loss much greater that any joy from any gains from decisions made. They make strategic business decisions accordingly. The risk culture of the business models the loss aversion bias of the business leader.
If this works well for your business you should continue with status quo. However if you would like to experience faster business growth you may need to take more calculated risks.
Loss aversion refers to the tendency to prefer avoiding losses to acquiring equivalent gains. It is better for you to not lose 10000 pounds than to make 10000 pounds in business.
BusinessRiskTV
However most entrepreneurs and many business leaders are in their position to better themselves. If you mitigate the potential losses from taking more risks and manage the risks to maximise the return on your investment you should end up with faster growth with less uncertainty.
It is more common in people who are not entrepreneurs or business leaders to be biased against taking risks. Loss aversion is a reflection of a general bias in human psychology. People tend to want to stick with what they know than make changes that might not work well. People in general are resistant to change. When presented with the potential benefits of change they focus more on what might be lost rather than on what can be gained.
What is your business risk tolerance? If you can make changes to try to grow faster that if do not work fall within your risk tolerance would you take more risk?
If you adopted small changes rather than one big radical all eggs in one basket change would you feel more comfortable? Spreading your faster business growth changes across a few new ideas may be better for your business. When you know which one of the new changes works best perhaps then you can focus on one new idea.
Do not confuse more risk taking in business with gambling. Taking calculated risks to grow faster is about assessing and then managing the risks before you action more risk taking. You can mitigate the threats from more risk as well as maximise the returns from taking more risks.
Few things in business life are guaranteed other than taxes! Even maintaining the status quo comes with the threat of business failure. Kodack photography business was once one of the most successful businesses in the world. How many Kodack films do you buy for your camera now!
The desire to avoid business losses is motivated by fear. The more a business leader fears losses the more likely he or she is to be loss averse and the more likely they are to be disinclined to make changes to their business to be more successful. Having a better understanding of the risks that could be taken to achieve more will make loss averse business leaders more comfortable with changing the the business.
Often the perception of risks and reward are skewed to the belief that you are doomed to fail which means you do not make changes to the business. By the same token it is important that all stakeholders in the business are involved in assessing risks from changes to business. Business leaders who do like taking risks can miss the pitfalls to mitigate against whilst making changes that can cause the change project fail even if it was a great idea.
With a little input and engagement from all levels of the organisation your project to grow faster is more likely to be a success. Take risks that are worth taking which are achievable with everyone onboard.
BusinessRiskTV
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox on enterprise risk management and project risk management
Subscribe to BusinessRiskTV.com for free
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new customers already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE to find out more entering code #Marketing.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit. Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Managing threats and opportunities better with BusinessRiskTV.com
Enterprise risk management training courses in our virtual classroom. Corporate risk management training matched to your business needs. Find the best enterprise risk management training courses for you. Whether you prefer your enterprise risk management training remotely online or in the classroom start sharpening the saw to tackle enterprise risks better. Come direct to us or use one of our enterprise risk management training provider partners. Ask us to develop an enterprise risk management training course for your business or enterprise. Manage enterprise threats and opportunities better. Develop your risk knowledge and business intelligence.
Working with other enterprise risk management training providers to help you get what you want when you want it
Virtual Online Remote Enterprise Risk Management Training Short Courses
Our readers are interested in enterprise risk management training. Our main priority is to help readers improve their enterprise risk management system and practices. If another enterprise risk management training provider fits more closely to our readers needs we are happy to connect you online.
Reach more people seeking to educate themselves and train their colleagues online and in the classroom.
Promote and market your enterprise risk management training Courses for 12 months
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #EnterpriseRiskManagementTrainingMarketing
Put your risk management training course in front of new buyers already interested in your type of offering before they buy from another enterprise risk management training provider.
Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your income streams more sustainably. Grow your business faster.
Enterprise Risk Management Training Course Directory
BusinessRiskTV.com UK Business Directory List
Want to list your enterprise risk management training course in our Enterprise Risk Management Training Course Directory?
Are you running any enterprise risk management training course deals discounts or special offers you want more people to know about?
Could you write an advertorial to advertise your enterprise risk management training course and inform our readers?
Reach more new customers with BusinessRiskTV.
Click on Register Now or email editor@businessrisktv.com entering could #EnterpriseRiskManagementTrainingCourseDirectory
Business Growth Workshops
Is your business making the most of its available resources?
How can business leaders protect and grow their business regardless of business environment
Do not panic! Think about and implement new strategies to reduce negative risks to your business. Be better prepared for downside risks. Discover fresh ideas to tackle risk management challenges.
Risk events can destroy a business strategy. Best laid plans … Managing business risks is crucial to maximise business performance. How do you identify and mitigate strategic operational and project risks?
How To Manage Risk In Business
Take The Leap Into Your Future Business Success With More Confidence
Analyse the risk so you can decide on its importance in relation to your business objectives.
Prioritise your available business resources to tackle the key business risks for the best return on your risk management time and money.
Assign responsibility for each key risk to your senior management team members. If no one is going to be held account for failure to manage key risks then there will be insufficient consideration of the risk.
Monitor and review your key business risks and effectiveness of associated risk management measures. If the net risk rises then you may need to make changes to you risk management plan. If the net risk reduces you may assign less management time to controlling it but still allocate responsibility for controlling the risk to a key senior management team member.
Risk Identification
Identify potential problems that could cause your business trouble. The business risk can be an event or it can be a condition like changing business environment.
Identify and assess your enterprise risks better
Risk Mitigation
International Trade Hub
Design a risk mitigation plan eliminate or minimise the impact of the risk on your business objectives. After evaluating the risk pick a risk mitigation strategy that avoids reduces or transfers the risk. Alternatively accept the risk as part and parcel of achieving business objectives.
Select and commit business resources required for specific risk mitigation strategies.
BusinessRiskTV
Seek out guidance on how to identify the risks your business may face. Understand how to respond to risk events. Put new risk management systems in place to deal with the risks cost effectively.
Learn how to develop a risk management plan to protect your business. Find ways to minimise business risks with a new risk management strategy and approach for managing.
Reduce not only the likelihood of an event occurring but also the potential impact. Make sure you also consider the opportunities to grow your business when determining how best to manage risks.
Subscribe to BusinessRiskTV for free risk management alerts bulletins and reviews to your email inbox
Work with BusinessRiskTV to identify alternative risk mitigation strategies methods tools and techniques for each key risk. Get risk management advice on how to control and minimise negative effects of key risks from network of risk management experts.
Risk management news articles opinions and reviews on BusinessRiskTV.com
BusinessRiskTV risk magazine subscription is quick online. Want to find out more about your country or industry risks? Interested in how other business leaders and risk management experts manage business risks well or badly? Subscribe to BusinessRiskTV for free.
Risk analysis risk insight with risk management news opinions and reviews
Inform your business decision making. CLICK HERE or email editor@businessrisktv.com entering code #RiskMagazineSubscription
Scan the horizon for risks that will impact on your business objectives. Inform your foresight and scenario planning processes to be better prepared for threats and opportunities to grow faster. Stay up to date with the best enterprise risk management practices. Avoid the pitfalls of business management others have fallen into.
Exploring the key risk management trends and practices
Helping you identify and manage better key risks to your business. Business leaders get the latest news on whats happening in the business world. Read risk analysis articles or participate in online debate and discussion.
Improve your risk knowledge and business intelligence to make best business decisions more often.
BusinessRiskTV
We welcome business leader and risk management professionals contributions. BusinessRiskTV was founded by Keith Lewis and is published by C&C Associates. We work with our risk management partners to provide tips advice and support to business leaders around the world. Seize the day with more confidence in your risk management decision making process.
Subscribe today with BusinessRiskTV for free alerts bulletins and reviews to your inbox
BusinessRiskTV online risk management magazine subscription. Complete and submit the form below and enter code #RiskMag.
Ways to increase productivity in a business with BusinessRiskTV.com
Is your business productivity all it could be? Could there be other ways to be more productive in your business? Maximise collaboration to be more productive quicker.
Stop procrastination as procrastination does not improve decision making or decision outcomes.
Do not multitask . Focus on one task at a time. This will boost productivity work output and creativity.
Your business maybe running smoothly. However could it be better? Grow your business faster.
Strategies to improve productivity in business
Productivity is the key to greater business success. Are you open to the potential of changing the way you work?
Successful business owners know how to make the most of business assets. Wasted effort costs money. Grow your business faster.
How to increase productivity in the workplace
Making small changes to business habits will drastically improve the levels of productivity. Get more more quality and productive work done in a shorter period of time. Reduce the time your business spends on unnecessary tasks.
Discover tools and techniques to grow your business fast?
BusinessRiskTV
Subscribe to BusinessRiskTV to receive free tips adive and support to your email inbox
Problems we will face in future assessed with BusinessRiskTV.com
Working on productivity and profitability for stronger decade ahead. Control the destiny of your business. Change the way you manage business risks to boost business performance and build business resilience.
Help your business grow faster instead of fearing survival
What business risks will your business face over the coming 10 years. How will the 4th industrial revolution impact on your business. How well prepared are you? What things will change in the future.
Fourth Industrial Revolution Latest News Commentary and Risk Review
Preparing for a better future
Develop your risk management systems. Improve governance and compliance. Build stronger business resilience. Increase turnover more profitably.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your email inbox on future business risks
Promote and market your business on BusinessRiskTV for 12 months
Put your business products or services in front of buyers interest in your business offering. Link into your existing sales processes. Increase your revenue streams more profitably. Grow your business faster.
Targeted Marketing Investment To Hit The Potential Buyers You Need To Grow Your Business Faster
Read horizon scanning and risk foresight articles and watch videostream trending on BusinessRiskTV
Holistic business risk management solutions with BusinessRiskTV.com
Improving collaboration on enterprise risk management. Develop your enterprise risk management framework and risk assessment process. Improve your risk monitoring and risk review information systems.
Are you responsible or interested in risk identification assessment and management?
Rethinking and Re-purposing Your Business During Uncertainty
Develop new risk management strategy for your business or enterprise. Bringing together risk management professional and business leaders online to improve risk management practices and outcomes.
Learn what ERM is and how it can benefit your enterprise performance
Enter code #GlobalRisksSymposium
Virtual online attendance at our ERM summits is free to members of BusinessRiskTV. Live stream the ERM summits wherever you are in the world.
Build your enterprise risk management system. Drive improved enterprise performance. Develop your business intelligence and risk knowledge. Improve governance risk and compliance GRC management.
Enterprise Risk Management Trends
Discover a new holistic risk management approach to improve business strategy setting and implementation.
Create practical business management systems to grow a better business faster inline with with your risk management culture.
Improve business outcomes.
Be inspired to improve your business.
Connect with local and global risk management experts.
Network with top business leaders to understand your business problems and find best business risk management solutions quicker.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews on enterprise risk management
Business intelligence articles on BusinessRiskTV.com
Looking for information to inform your business decisions? Protect your business better. Grow faster. Work out practical business solutions on risk insight and business intelligence. Enhance your strategic operational and project decisions.
What is business intelligence and how could it benefit your business?
Optimise your business performance with existing business resources.
BusinessRiskTV
Get an edge over competitors selling your business products or services. Pick the risk analysis tools you prefer to provide better business analysis and market intelligence.
The purpose of business intelligence is to support better business decision making to protect you better and grow your business faster
BusinessRiskTV
Include business intelligence as part of your business risk management process so that your business decisions are better informed.
Understand how your business operates and how you can run it better. Develop risk management insight. Developing better business intelligence will help you more holistically bring all parts of your business together. Make better use of your existing business resources. Become more productive.
Improve your management of your business
Dynamically increase your business flexibility
Reduce unplanned interruptions to business output
Reduce the number of systems used in your workplace to improve productivity and efficiency
Build business resilience
Seize more opportunities to grow faster
Share your business intelligence to receive business intelligence. Reciprocal collaborative online forums to improve business performance.
Access crucial information more easily
Reduce procrastination and make quicker business decisions
Create a competitive advantage for your business
Answer your business questions to overcome barriers to business growth
Learn from others experience of business and reduce need to reinvent the wheel to solve your business problems
Access deep risk insight to develop your business risk management knowledge more easily. Build a more successful business quicker.
More developed business intelligence will give you a competitive edge in a highly competitive marketplace in your country or industry. Making quicker decisions may be essential to win new business or reduce business losses. Make your business decisions knowing those decisions are based on clearer risk insight and knowledge to have more confidence in the outcomes of your business decisions.
Working together and sharing risk information can save you money and time at the same time as providing practical insight into what may work well for your business.
BusinessRiskTV
Having a better view of your present circumstances in business can provide you with the chance to make better choices to improve your future in business.
Subscribe to BusinessRiskTV for free alerts and bulletins on better business management tips advice and support
Promote and market your business on BusinessRiskTV for 12 months
Put your business products or services in front of people who are ready to buy from your type of business. Give your business a competitive edge with BusinessRiskTV services. Increase revenue streams more profitably. Grow faster.
Reach influencers key decision makers and the business leaders who will buy from your business
Read business intelligence and risk knowledge articles and watch videostream trending on BusinessRiskTV
Global economic issues and trends with BusinessRiskTV.com
What are the biggest risks to the global economy?
Although unpredictable lets try and predict the future! What is exciting is that clearly there are many threats particularly from the environment and trade wars. There are also massive opportunities for business leaders who are in control of their own business risks.
What are the biggest threats and opportunities to the world in the new decade?
BusinessRiskTV
Some of the biggest global risks business leaders have little control over. Warfare and mass destruction global inequality between countries and unequal economic development creating mass economic migration global trade wars global pandemics political shift towards popularity driven left or right wing positions and systemic collapse of the financial markets. Contingency planning is the best that business leaders can do to manage most of such global catastrophic risks.
However there are risks business leaders do have the potential to have control over but do not always control such global occurring risks. Global risks falling into this category include deteriorating natural environment and global warming as well as cyber attacks.
Many of the risk management solutions for one global risk can manage the threat and opportunity from another risk without extra investment of time or money.
BusinessRiskTV
BusinessRiskTV is scanning for threats and opportunities to the global economy in the new decade. If you look for it you can still see an abundance of wealth and opportunity globally and locally.
Global Recession?
Putting warfare and mass destruction risk to one side the most likely cause of a global recession is the continuing or deterioration of global trade wars.
The climate threat has come off age! The solutions are already known. However the will is less obvious. The financial services industry particularly banks will probably be the biggest influencers in driving environmental protection. Many banks and investors are refusing to finance coal businesses and are threatening divestment and lack of funding for other fossil fuel businesses. Even the governor of the Bank of England has told pension fund managers to sort out investment in fossil fuel based businesses.
The flip side of this is the opportunity to make money from environmental protection. Existing and developing environmental protection technologies are a real business opportunity. Even if your business does not sell environmental protection products or services your brand needs protecting via the adoption of good environmental protection policy.
The world is drowning in debt and fake money. Government corporate and personal debt. How future generations will cope with the weight of debt when many in the developed world are also going to suffer the effects of demographic time bomb detonation. Quite frightening! However one way to cope with future and present global risks is for governments to invest money in infrastructure particularly 5G communication and utilities. Many of the innovation and inventions are going to rely on power and the internet.Necessity is the mother of invention but with power and faster communication we will be trapped in the past with only a vision of how much better our future could be globally.
Keep up to date with economic issues in the world that could impact on your business objectives
Email editor@businessrisktv.com or complete and submit the form below to receive free email alerts bulletins and global risk reviews.
Promote and market your business on BusinessRiskTV for 12 months
Put your business products or services in front of potential new customers in more innovative ways. Link to your existing sales process from BusinessRiskTV. Develop new income streams more profitably. Grow your business faster.
The global landscape is changing rapidly, with new risks emerging every day. From geopolitical tensions to cybersecurity threats, businesses around the world are facing a complex and constantly evolving set of risks that they must manage in order to survive and thrive. In this article, we will explore some of the most pressing global risks that businesses need to be aware of and offer some strategies for managing them effectively.
Geopolitical Risks
Geopolitical risks are those that arise from political tensions between countries or regions. These risks can take many forms, including trade wars, sanctions, and military conflicts. One recent example of a geopolitical risk is the ongoing trade war between the United States and China, which has had significant implications for businesses around the world.
To manage geopolitical risks, businesses need to stay informed about political developments in the regions where they operate. They should also be proactive in diversifying their supply chains and hedging against currency fluctuations. In addition, businesses can consider partnering with local organisations or governments to gain a better understanding of the political environment and mitigate potential risks.
Cybersecurity Risks
Cybersecurity risks are those that arise from the increasing use of technology and the internet. As businesses become more reliant on digital systems and data, they also become more vulnerable to cyber attacks. These attacks can take many forms, including ransomware, phishing, and malware.
To manage cybersecurity risks, businesses need to invest in robust cybersecurity measures, such as firewalls, encryption, and regular system updates. They should also educate their employees about best practices for online security, such as avoiding suspicious emails and using strong passwords. In addition, businesses can consider purchasing cyber insurance to mitigate the financial impact of a cyber attack.
Climate Change Risks
Climate change risks are those that arise from the impact of climate change on the environment and society. These risks can take many forms, including extreme weather events, sea level rise, and food and water scarcity. The impact of climate change is already being felt around the world, and businesses need to be prepared for the potential consequences.
To manage climate change risks, businesses can take a number of steps. They can invest in renewable energy sources and other sustainable technologies to reduce their carbon footprint. They can also develop contingency plans for extreme weather events and other climate-related risks. In addition, businesses can consider partnering with governments and NGOs to address climate change at a systemic level.
Supply Chain Risks
Supply chain risks are those that arise from disruptions to the flow of goods and services. These disruptions can be caused by a variety of factors, including natural disasters, political unrest, and pandemics. The COVID-19 pandemic, for example, has had a significant impact on global supply chains, causing shortages of critical goods and disrupting manufacturing and distribution networks.
To manage supply chain risks, businesses need to develop contingency plans for disruptions, such as alternative suppliers and backup inventory. They should also be proactive in identifying potential risks in their supply chains and implementing measures to mitigate them. In addition, businesses can consider investing in technologies, such as blockchain and IoT, to improve supply chain visibility and resilience.
Financial Risks
Financial risks are those that arise from changes in the financial markets or economic conditions. These risks can take many forms, including fluctuations in exchange rates, interest rates, and commodity prices. They can also be caused by systemic risks, such as a global recession or financial crisis.
To manage financial risks, businesses need to be proactive in monitoring financial markets and economic conditions. They should also develop contingency plans for potential disruptions, such as currency hedging strategies and diversified investment portfolios. In addition, businesses can consider partnering with financial institutions and other experts to gain a deeper understanding of financial risks and opportunities.
Managing global risks is a complex and ongoing process for businesses around the world. By staying informed about emerging risks and implementing proactive measures to mitigate them, businesses can reduce their exposure to potential losses and position themselves for long-term success.
It’s important to recognise that global risks are interconnected, meaning that a disruption in one area can have ripple effects across multiple industries and regions. For this reason, businesses need to take a holistic approach to risk management, considering the potential impact of each risk on their operations and stakeholders.
In addition to the strategies outlined above, businesses can also consider partnering with risk management experts and other organisations to stay informed about emerging risks and best practices for risk management. By taking a collaborative approach to risk management, businesses can better anticipate and manage global risks, while also positioning themselves for long-term success in an ever-changing landscape.
Overall, businesses that are able to effectively manage global risks will be better positioned to thrive in a rapidly changing world. By staying informed, developing contingency plans, and investing in resilience, businesses can reduce their exposure to potential losses and position themselves for long-term success.
Be confident in your business decisions with BusinessRiskTV.com
This will help you to aggressively move toward increased business success. Increasing your risk knowledge does not mean you know everything. It does mean you can trust your ability to figure out the gaps in your business management system.
Increasing business confidence boosts the clarity of vision for your business. It increases your ability to set and achieve business goals.
BusinessRiskTV
Before you can take more risks to achieve more you need to be aware of your risk management capability now. Make more intelligent and informed business decisions with enterprise risk management methodology. Engage your whole business more in achieving your business objectives.
Taking more controlled risks can help your business grow and become more successful faster.
BusinessRiskTV
Tips to make better business decisions faster
Recommendations to fix your business decision making process include:
Engage all levels and all areas of your business in decisions
Use a consistent decision making method across strategic operational and project risks
Train your employees in enterprise risk management methodology and embed it into your business decision making process
Use enterprise risk management to set your business goals
Focus all business decision making on achieving your business objectives.
Understand the risk management culture you currently have and what risk management culture you want
Understand the context of the environment your business has to operate within
Understand the concepts and problems associated with Risk Perception and ensure your risk assessment process accommodates real risks after changing risk perceptions
Developing your risk knowledge requires the building of your business intelligence so you are aware of the internal and external risk factors impacting on your business objectives.
As you become more confident in your judgement managing business threats and opportunities will become easier and quicker. Use enterprise risk management tools and techniques to boost your business performance. Increase your confidence to take more controlled risks to be more successful in business.Identify the risks to benefit your business and take them more confidently. Get your employees to buy into your business objectives and engage fully with your business plans.
Top business mentors and business leaders forum to solve business problems faster
Join our growing networks of business leaders in your country of operation industry of specific type of business risk to develop better business solutions quicker and cheaper.
Global entrepreneurship forum news opinions and reviews on BusinessRiskTV.com
Do you want to or have you founded a business? Want help to build and develop your business? Reduce uncertainty impacting on your success as an entrepreneur. Need an eBusiness mentor to help your business grow faster online?
The next decade is going to be the best decade for entrepreneurs if a couple of pieces of the jigsaw fall into place
BusinessRiskTV
There has been no lack of imagination or invention from people around the world. There has been a lack of entrepreneurship. The big boys have sucked up too much of the investment. People have played it very safe since the financial crisis in 2008. However we feel that the entrepreneurial environment is about to explode in a positive way.
If trade wars around the world particularly between USA China can be resolved then everyone will benefit. It will unblock pent up investment.
Money is actually sloshing about but in safe havens awaiting the right environment to be unleashed. In addition it is historically incredibly cheap to borrow lots more money.
Why is money not being used more productively? Fear! People were burned during the 2008 financial crisis that we are just hauling ourselves out of. If governments around the world invest on infrastructure the future is bright. If trade wars are resolved the future will be even brighter!
The people who act first tend to be the people who reap the rewards of taking risks. If you have a good business idea now is the time to act before someone else does.
Supporting entrepreneurs through good and bad times
eCommerce Support For Entrepreneurs
Develop an online store with BusinessRiskTV. Increase the income streams for your existing business. The more you sell for less the more profit you make.
We work with you to digitally enhance your online income more profitably. This helps your business grow faster and builds business resilience so you are less likely to fail.
Create a valuable business quicker
Expand your brand wider online
Establish your business in your marketplace online
We are creating an entrepreneurial online environment to help entrepreneurs with decision making. Engage in our entrepreneurs forum conference and workshops to:
connect with other business leaders develop your risk knowledge
develop business management skills and
promote and market your business more cost effectively
Listen in and contribute to entrepreneurs workshops and webinars. Sit in at online roundtable discussions. Ask for answers to your business problems. Our risk management experts and your peers may well have already solved your business problem so it is easier for you to do the same quicker and cheaper.
Find a business mentor or business coach to help protect and grow your business faster with less uncertainty
BusinessRiskTV
Tap into the right entrepreneurship forum for your business. Regardless of your country or industry you can find an entrepreneurs forum to help you build a stronger more resilient more successful business.
Subscribe to BusinessRiskTV for free alerts and bulletins on entrepreneurship online events and workshops
Discover the best enterprise risk management tools and techniques to grow your business faster with less uncertainty with BusinessRiskTV.com
How can business leaders make better decisions?
Follow us for analysis of business risk management problems and solutions. Read global risk management solutions reviews and watch video streaming for free live and ondemand. Pick up corporate risk management tips news and reports. Join online enterprise risk management training workshops online roundtable discussions and webinars.
Global risk management solutions reviews on BusinessRiskTV. Our risk management partners showcase their best business risk management solutions. Find the best enterprise risk management solution for your enterprise. Scan the horizon for potential problems and solutions for your business.
Discover latest governance risk and compliance enterprise risk solutions on BusinessRiskTV reviews.
Transform your business for less.
Compare the best risk management services in our online risk management marketplace
Read more about GRC solutions on BusinessRiskTV. Use the latest risk management tools and techniques to manage the risk to your strategic operational and project goals.
Avoid retain spread prevent reduce and transfer risk with more confidence. Manage and sustain your business more easily. Boost your business performance.
BusinessRiskTV
Our network of risk management experts share how to best to manage country and industry risks using their preferred risk management solution. Find out how to minimise threats and maximise opportunities for growth.
Business Risk Management Solutions To Grow Your Business With Less Uncertainty With BusinessRiskTV. CLICK HERE or email editor@businessrisktv.com to find out more.
Build an effective enterprise risk management programme that embeds current best enterprise risk management principles and practices. Upgrade your risk assessment process to fit your business culture and current business marketplace.
Tackle the whole enterprise risks. Pick out specific risks you want to manage better. Flexible enterprise risk management solutions providers. Innovative risk management products and services. Identify manage and evaluate organisational risks better.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your inbox
Get the latest business and economy news opinions and analysis from BusinessRiskTV.com
Global Risk Management Solutions on BusinessRiskTV.com
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.
You may have created a good business but could it be doing better in 2020s? How could you attract more potential new customers to your business? Would expanding your business reach improve your profitability?
Create a new business development strategy for more success in the new decade
BusinessRiskTV
Create innovative new income streams with BusinessRiskTV. Invest with us to stand out more from your competition.
Develop a holistic marketing plan for your products or services to reach and influence the consumers. Your new business development strategy will present your business to more potential customers more cost effectively. Take simple steps to improve your online and offline sales performance.
Partner with BusinessRiskTV to boost your business performance
Help us to understand what you really offer? We can then deliver what you need more cost effectively. Deploy the best marketing strategy for your business. We will help you to engage more with potential new customers.
Grow Your Business Faster With Less Uncertainty With BusinessRiskTV.com
Develop a new business development strategy for greater success in business
Are you looking for faster business growth? BusinessRiskTV can work with you connect you with more new potential customers.
Scan the horizon to see what risks may impact on your business objectives. Connect with others to stay ahead of the game. Use other business leaders experience of risk to inform your business decision making. Protect and grow your business with less uncertainty.
Subscribe to BusinessRiskTV for latest BI Risk Intelligence and global risk insight to your inbox for free
Follow BusinessRiskTV for free business risk management insight, risk knowledge and business intelligence. Understand global risks better. Inform your business decision-making for free. Network with business experts locally and globally to solve business problems quicker and cheaper.
Global risk insight to inform business decision making. Risk aware business intelligence to avoid mistakes and seize opportunities. Risk management expertise creates BI risk intelligence to reduce uncertainty and increase business confidence. Want to protect your business and pick the best opportunities for growth? BusinessRiskTV online business management community can help you overcome barriers to business success faster. Identify assess and control business risks better. Manage strategic operational and project risks in consultation with other business leaders and risk management experts.
Country risk experts
Industry risk experts
Innovative global risk insight and risk knowledge sharing
Avoid reduce transfer or accept risks in the right combination for your business. Understand the context with which you have to manage business risks.
BusinessRiskTV business connections and networking services can help your business grow faster with less uncertainty
Connect and engage with other business leaders and risk management experts online wherever you are in the world with WiFi connection
Gain risk insight into key critical risks impacting on your business objectives. Tap into risk management expertise more easily. More cost effectively address risk management problems. Evaluate business risks holistically. Connect with risk experts and collaborate in risk sharing workshops. Our risk expert network have a wide risk of risk management experience collectively. Shared solutions can be more cost effective.
Unleashing the Power of Global Networking: Advantages for Businesses
In today’s interconnected world, businesses are increasingly recognising the significance of global networking. Building connections and fostering relationships across borders has become a crucial strategy for organisations seeking growth, innovation, and a competitive edge. In this article, we will delve into the numerous advantages that global networking offers to businesses of all sizes and industries. By leveraging the power of connectivity, businesses can unlock new opportunities, gain valuable insights, and expand their reach on a global scale. Read on to discover how global networking can propel your business to new heights.
Enhanced Collaboration and Knowledge Sharing: Global networking opens the doors to collaboration with individuals and organisations from diverse backgrounds, cultures, and expertise. By connecting with professionals worldwide, businesses can tap into a vast pool of knowledge, insights, and perspectives. This exposure to different ideas and approaches fosters innovation and creativity within organisations.
Moreover, global networking provides opportunities to participate in conferences, seminars, and industry events, where experts and thought leaders share their expertise. These interactions enable businesses to stay updated with the latest trends, technologies, and best practices, enhancing their competitiveness in the global market.
Access to New Markets and Business Opportunities: One of the most significant advantages of global networking is the ability to access new markets and expand business opportunities beyond borders. By establishing connections with international partners, businesses can gain valuable insights into local markets, consumer preferences, and cultural nuances. This knowledge allows organisations to tailor their products or services to meet the specific needs of diverse markets, increasing their chances of success.
Furthermore, global networking provides a platform for businesses to showcase their offerings to a wider audience. Through cross-border collaborations, joint ventures, or strategic partnerships, companies can enter new markets with reduced risks and enhanced market knowledge. This enables them to tap into untapped customer segments, diversify their revenue streams, and drive sustainable growth.
Building a Stronger Brand and Reputation: Global networking offers businesses the opportunity to build a stronger brand and reputation on a global scale. By connecting with influential individuals and organisations, companies can enhance their visibility and credibility within their industry and beyond. Positive endorsements and collaborations with reputable international partners can significantly impact a business’s brand image and attract new customers.
Additionally, active participation in global networking events, industry forums, and online communities allows businesses to showcase their expertise, thought leadership, and unique value propositions. This exposure positions them as industry leaders and trusted authorities in their respective domains, further strengthening their brand reputation.
Recruitment of Global Talent: Global networking provides businesses with access to a vast talent pool from around the world. By establishing connections with professionals and organisations internationally, companies can tap into a diverse range of skills, experiences, and perspectives. This enables them to recruit top talent from different cultural and educational backgrounds, bringing fresh ideas and innovative approaches to their teams.
Moreover, global networking facilitates the identification of potential partners, suppliers, and collaborators who can contribute to a business’s growth and success. By connecting with like-minded professionals, businesses can build strategic relationships that foster innovation, create synergies, and drive mutual growth.
Global networking has emerged as a vital tool for businesses seeking growth, innovation, and success in the global marketplace. By leveraging the advantages of global networking, businesses can enhance collaboration, access new markets, build a stronger brand, and recruit top talent from around the world. Embracing a global mindset and actively participating in networking activities can open doors to unprecedented opportunities and pave the way for long-term success.
In an increasingly interconnected world, businesses cannot afford to operate in isolation. Establishing and nurturing global connections allows organisations to stay ahead of the curve and adapt to the rapidly changing global business landscape. Whether it’s through attending international conferences, leveraging online platforms, or forging partnerships with organisations worldwide, businesses can harness the power of global networking to propel their growth.
The advantages of global networking for businesses are undeniable. From enhanced collaboration and knowledge sharing to accessing new markets and business opportunities, building a stronger brand and reputation, and recruiting global talent, the benefits are vast. Embracing a global networking mindset is no longer a luxury but a necessity in today’s hyperconnected world.
To make the most of global networking, businesses should actively seek opportunities to connect with professionals, industry experts, and potential partners on a global scale. They can explore online networking platforms, join industry-specific communities, participate in international events and conferences, and establish strategic partnerships with organisations in different countries.
However, it’s essential to approach global networking with a genuine intent to build meaningful relationships and provide value to others. Networking is not just about self-promotion; it’s about establishing mutually beneficial connections and fostering a collaborative ecosystem.
By capitalising on the advantages of global networking, businesses can expand their horizons, tap into new markets, stay abreast of industry trends, and unlock innovation. In this fast-paced and interconnected world, building a strong global network is a powerful asset that can set businesses apart from the competition and pave the way for sustained success.
So, don’t wait any longer. Start exploring the world of global networking and unlock the limitless opportunities it offers to take your business to new heights of success in the global marketplace. Embrace the power of connectivity, foster collaborations, and position your business as a global player in your industry. The possibilities are endless when you dare to connect, engage, and grow on a global scale.
Collaboration in Crisis: Are You Leveraging Your Network? In times of crisis, your network can be your greatest asset. How do you collaborate with industry peers to manage risks? Share your best practices for leveraging relationships and fostering a culture of collaboration in crisis management. BusinessRiskTV.com #networkcollaboration #CollaborationNetwork #Collaboration #BusinessRiskTV #ProRiskManager
What is global risk?
What is global risk? Find out more about global risks to your business on BusinessRiskTV.
Create your own digital video strategy to promote and market your business more profitably with BusinessRiskTV.com
Grow your brand audience and business online. Use your own marketing videos to attract more customers. Ask us to create your videos or send us your videos.
Build BusinessRiskTV into your video strategic plans to develop your business faster
BusinessRiskTV
Make your video marketing budget go further.
Make your video marketing more cost effective.
Videos tend to boost business conversation rates. More people click on video than words or even images. People may even share your video to create even more potential new customers.
Videos can tell a better story about your brand and what your business offers.
Sell your brand easier and cheaper
Better Business Performance With BusinessRiskTV
Integrate engaging videos into your marketing campaigns
Promote and market your brand. Get your videos in front of more potential new customers.
Video marketing is highly effective at engaging new people in your business
Create and distribute valuable relevant and consistent business information to attract and retain a clearly defined audience for your country or industry. Drive profitable customer action and business growth.
You will find related risk management articles and videos to develop your risk knowledge and business intelligence to improve your business decision making process
Create a video and we will help you get your message across to more people in your target market
Whether you own or manage a business or just have something to say get in touch with us so we can put you in touch with others.
Read citizen journalist articles and watch citizen journalist videos online
Video journalism does not have to be the preserve of the privately educated elite on mainstream media.
We can help you drive what you are passionate about belief in or are concerned about. Create your own video and send it to us. If we like it we will promote it.
Unlock faster business growth with BusinessRiskTV.com
Taking more risks to achieve more success comes down to risk knowledge and business intelligence. A lack of risk knowledge leads to increased fear. This can result in missed opportunities to grow faster.
What are the potential costs of taking more risks?
What are the potential benefits of taking more risks?
How will taking more risks benefit your business?
What are the alternatives?
How much better would your business perform if the best case scenario came true?
What are the worst outcomes that could happen if you took extra risks and how could you reduce the risk?
How bad would it be if the worst case scenario risk event materialised?
What would your business look like in 5 years if your risk decisions were taken?
Assessing the risks incorporating both upside and downside risks will enable you to make more balanced business decisions to improve performance.
Risk Appetite and Risk Tolerance
Negativity bias means in part we focus more on stopping bad things from happening than creating the environment for great good things to happen. For example, we focus on stopping climate damage instead of investing money in better natural environment. We spend more money to risk control instead of seizing new business opportunities which create risk but also create more rewards for risk takers.
Welcome the threats in the 2020s as they bring opportunities
Embrace the opportunities in the new decade but be risk aware about the threats that come with the opportunities to grow. Work together with our network of business leaders and risk management experts to finish the 2020s better than you started.
Taking Risks To Achieve More In Business With BusinessRiskTV
Subscribe to BusinessRiskTV for freezing alerts and bulletins to your email inbox on how to grow your business faster with less uncertainty
Risk leadership theory and practical risk management advice with BusinessRiskTV.com
Pick up risk management tips. Read risk management articles and view videos. Network with top risk management thought leaders locally and globally to solve your risk management problems quicker and cheaper.
Managing business risks better with BusinessRiskTV
Global and local business management trends with BusinessRiskTV.com
Emerging trends in business management debated risk analysed and risk controls reviewed. What emerging trends in business management must you know about today? Consumers and business decision makers have easy access to business intelligence so business leaders need to use business intelligence more in risk management strategy setting to grow faster. Due to the rapidly changing business environment and increased nationalism it may be better to have shorter supply chains. Alternatively restructure your supply chains to embrace new cost saving opportunities in supply.
Spot emerging trends before your competitors to protect your business better and grow business faster
BusinessRiskTV
Fully adopt new technology to react faster and lower business costs. Evolve more business from existing customers by engaging customers more in your business. Redfine they way you do business to do more business.
Identify and understand emerging risks better to inform your decision making quicker. Keep up to date with global and local trends in your industry and country. Tap into our risk management experts networks to solve business problems faster and cheaper.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews on emerging trends in business management
Promote and market your business on BusinessRiskTV for 12 months
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #EmergingTrendsInBusinessManagementMarketing
Put your products or services in front of new people already interested in your type of business offering before your competitors do.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Emerging Trends In Business Management Directory
Want to list your business on our Emerging Trends In Business Management Directory?
Are you running any deals discounts or special offers on emerging trends in business management you want more people to know about to grow your business faster?
Could you write an advertorial on emerging trends in business management to promote your business products or services whilst informing our readers?
Reach more new customers with BusinessRiskTV.
Click on Register Now or email editor@businessrisktv.com entering code #EmergingTrendsInBusinessManagementDirectory
Growing your business online with BusinessRiskTV. Learn how to grow a business online. Pick up how to grow business tips. Take advantage of free marketing tools. Create an online advertising strategy to boost your online sales and business growth.
Develop a more cost effective advertisers online strategy. Pick up practical tips to grow your business faster online.
BusinessRiskTV
Diversify your income streams to make your business more profitable. Reach more new customers. Expand the audience viewing your products or services. Engage people online in your business brand.
Small business owners entrepreneurs and leaders of SMEs check out our innovative ways to grow your business faster. Do you want to grow your business without spending a lot of money.
Better Business Performance With BusinessRiskTV
Find out how to expand a business online
Generate new business by growing your potential customer base. Find business mentors to help advise on your business expansion. Discover new ways to meet the demands of the savvy business leader or cost sensitive consumer. No need to spend lots of money to attract new customers online.
Advice from risk management experts with BusinessRiskTV.com
Conversation about risk management. Networking with your peers and risk management experts may short circuit identifying what your business should do to overcome business problems. Talk to our network of business management experts to find out what they think is the best thing to do for your business. Tune in online to watch our risk experts responding to other business leader questions to see if you can glean some tips for your business to adopt.
Use the skills and experience of our network of business management experts to inform your business decision making process
BusinessRiskTV
Use BusinessRiskTV as a business resource to develop your risk knowledge and business intelligence.
Connect with risk management experts online with BusinessRiskTV.com
Subscribe to BusinessRiskTV for free risk management alerts and bulletins to your email inbox
Network with business leaders looking to grow business faster with less uncertainty on BusinessRiskTV
Find out about upcoming online risk management networking events
By subscribing to BusinessRiskTV you will receive alerts and bulletins to your inbox of upcoming events to join from anywhere with Wifi. Discuss your business issues with business management experts.
Subscribe to BusinessRiskTV.com for free
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new people already interested in your type of business offering before your competitors grab your potential online sales.
Find out how to promote your business locally and globally
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Advantages of risk taking in business with BusinessRiskTV.com
Business success normally only comes for those who take a few risks. However taking more risks does not automatically exposing your business to unacceptable risks necessary to beat the competition.
Open your business up to new business development opportunities and manage the risks that flow from this better
BusinessRiskTV
You might there are better ways to do what you already do in business or find ways to do new things to grow faster.
Risk Appetite and Risk Tolerance
Subscribe to BusinessRiskTV for free alerts and bulletins to your email inbox
Business Risk Insight and Business Intelligence with BusinessRiskTV.com
Do not get nervous get prepared! Being better prepared will give you more risk insight. Having a better handle on your business risk profile will give you more confidence. Taking more risks with confidence will increase chances of improve business performance and better business results.
Do not press the panic button
Understanding your business risk profile better will enable you to identify analyse assess and manage business threats and opportunities for greater business resilience and success. Stay calm with risk management knowledge and business intelligence. Know what you do when you need to do it whatever the business environment throws at your business.
Reduce anxiety about making key business decisions and do not let fear of risks stop you or make you procrastinate
BusinessRiskTV
Use our business risk watch service to look ahead at enterprise risks that may impact on your business objectives. Share risk exposure and risk event knowledge with BusinessRiskTV network.
Read our risk reviews of developments in risk management practices. Understand what is increasingly vital to your business success in future. Manage risk in the business better.
Subscribe to BusinessRiskTV for free alerts and bulletins on business risks and risk management practices
Enterprise risk management tools and techniques with BusinessRiskTV.com
Different business problems require a different set of skills or experience to overcome. A business problem in your industry or country facing your business may require a different solution from the solution used by your competitors. Indeed a different business solution that fits your business problem may actual reap faster growth or better business protection.
One size does not always fit all
BusinessRiskTv
When looking for a solution to your business problem
be flexible
take a more risk based holistic risk management approach
use the right risk management tools and techniques that fit your business culture and attitude to business risk.
Connect with BusinessRiskTV risk expert network to find the answers to your business questions.
BusinessRiskTV Business Risk Management Solutions
Doing the same things as your business has always done without success is a definition of business madness. Find new innovative ways to help your business grow faster with less uncertainty.
Connect with our local and global risk management experts to find the solution to your business problem
Learn effective leadership skills with BusinessRiskTV.com
Develop leaders in your business. Build your business intelligence for better business decision making. Become more proficient at enterprise risk management ERM. Improve your expertise and business competence. Finesse your risk management process. Understand your readiness to take more risks to achieve more in business. Be more savvy with your risk knowledge. Use latest risk management techniques.
Use risk management experts to help you make right choices.
Subscribe to BusinessRiskTV for free alerts to upcoming online leadership development courses
Ways mindfulness can improve your work performance
Maximise your performance by restoring your mind and body with mindfulness techniques. Focus your mind and body on the most difficult task at the beginning of your working day. Do not try to do everything when you start work. Assess what is the most important thing to do to achieve your objectives and do it. This may not be the most urgent thing that needs doing.
Doing what is most important is better for you in long run than doing most urgent things.
BusinessRiskTV
Your business performance may come down to your attitude to risk. However focusing your resources on managing risks better could allow you to embrace business risks more build resilience and achieve better results.
Mindfulness can help you shift your response to business risks.
Be more relaxed that your business risks are under control.
Encourage a positive risk management culture.
Be more creative and innovative.
Improve decision making.
Encourage more responsible attitude to all stakeholders affected by your business activities
Rebalance your risk management process to take more holistic business risk management decisions. Optimise your business performance.
Subscribe to BusinessRiskTV for free alerts and bulletins on business enterprise risk management principles and best practices
Help to complete your own business risk assessment to be better prepared for your future
Understanding your business risk profile is an important step to making better risk based business management decisions. Identify the threats and opportunities your business faces now or will do in future. Assess the risks of this uncertainty to your business objectives. Your resulting business risk profile will help you make better business decisions. Focus your limited business resources on the risks which will bring you greatest reward of business resilience and business growth.
Enterprise Wide Risk Assessment For Faster Business Growth With Best Use Of Business Assets
Profiling your business risks will help you to stop wasting time and money. You can also use your business risk profile to monitor the impact or lack of impact on your business performance.
Prepare for and manage key business risks your business faces today and tomorrow. Learn from past business risk management events your business experienced or other businesses experienced so you do not have to.
Make sure all your employees know your critical business risks. Create a more effective business risk management framework to allocate responsibilities and accountability for managing business risks.
Your business risk profile should not be a one off exercise. It should not just sit in a file with a to do list ticked. Use your own business risk to mitigate potential threats and maximise business development opportunities. Holistically manage the whole business with the best use of available existing business resources.
Enterprise risk management methodology should be applied to strategic operational and project uncertainties. Inform your decision making process with the whole picture not just part.
Subscribe to BusinessRiskTV for free alerts and bulletins to protect your business better and grow faster
Problem solving meetings and innovative business solutions with BusinessRiskTV.com
More Efficient and Effective Business Decisions
Structure management meetings to make real decisions. Make progress do not maintain status quo. Move your business forward with a meeting. Make sure your decision making meeting works well for your business.
Having too many meetings decreases productivity. A boost to productivity can be facilitated by reducing the number of meetings and making each one held more venues for better decision making. Manage meeting process better and keep meetings short.
Academics from the University of Malmo in Sweden say meetings provide an outlet for people at work to show off their status or to express frustration.
BBC Report
Managers should have clearly defined roles and accountability that they have agreed to and these should be directly linked with the strategic operational and project objectives of the business.
Just because you have manager in your job title does not mean the best thing for the business is to be in meetings constantly. Especially if at the end of a meeting not decision has been taken on the subject of the meeting.
However the BBC report says that the professor things meetings are good because they allow the business to assert power and direction over those attending the meeting. Surely meetings should be about engaging all those attending the meeting in solving a specific problem or problems the meeting has been called to address. Address means there must be decisions taken on how to resolve the issues raised otherwise they are just talking shops and can actually be more destructive than constructive.
If dissatisfaction with the business is to be allowed it should be in the understanding that you bring a solution to the problem you are complaining about not just a problem.
Find ways to grow faster and protect your business better
Effective meetings can produce better business decisions. Not all decisions made at a meeting will be good decisions. Having decided a meeting is needed make sure the potential benefit from the meeting is not missed.
Make sure ever attendee properly prepares for the meeting. Make sure what decision needs to be made is clear before the meeting and what is expected from attendees.
Make sure it is clear that people are attending not to talk about the problem but to make a decision on a specific issue.
There maybe more than one option to consider and decide on the best decision. Make sure the options are clear before the meeting.
Make sure there is a written meeting agenda and a clear idea of what decisions are needed. Make sure all attendees are suitable informed about the meeting subject matter. Send out agenda before meeting.
Holding short meetings are better than long ones. Shorter meetings should help focus minds on the key issues at hand. Short meetings can focus the energy in the room on finding business solutions not issuing direction or showcasing managerial power.
Our online breakfast meetings are highly focused on finding best business risk management solutions for your business
For anyone who has in interest in enterprise risk and risk management : explore the challenges and rewards faced by all risk managers
Our Global Risks Symposium saves time and money finding the best business management solutions for business leaders within a country or industry. Find the best risk management solution for your specific business problem. Our risk experts and your peers find practical solutions to most business issues.
Enter code #GlobalRisksSymposium
Subscribe to BusinessRiskTV for free alerts and bulletins on latest business risk management tips
Subscribe to BusinessRiskTV for free alerts and bulletins on the latest business threats and opportunities for growth to your inbox
Understand business risks. Explore the key factors that lead to successful business. Apply the relevant risk management measures. Take the risk first before the competition clicks on.
Click on Like Button to follow us on your favourite social media App; or subscribe for free enterprise risk management newsletter by emailing editor@businessrisktv.com
Risk Appetite and Risk Tolerance enter code #RiskAppetite
There are a number of key factors that led to successful business. Successful business leaders understand that being in business is about managing the risks from change. Unsuccessful business leaders tend to blame their failures on economic climate changes and their successes on their brilliant business management skills!
The UK retail sector is suffering major painful changes. Tens of thousands of jobs have been lost as major retailers collapsed or contracted. Yet the UK retail marketplace has some examples of major retailers bucking this trend blamed on the UK economy by unsuccessful retail business managers.
By applying their risk management knowledge successful businesses can act quicker and with more confidence it will work out
BusinessRiskTV
Not taking risks is not an option for most business leaders. However many risk factors coming together can appear daunting. Enterprise risk management looks at the big picture and helps you identify the steps to a better business in future.
Find out how to improve your chances of business success with BusinessRiskTV. Take calculated risks to help your business grow faster with less uncertainty. Embrace change and the risks to your business.
Business risk assessment elements should fit your business culture. Some people do not like numbers. Some do. Your business risk assessment template should reflect the culture of your organisation.
A business risk assessment is a systematic process that helps organisations identify, evaluate, and prioritise risks that may impact their operations, financial performance, and reputation. It is an essential tool for managing risk and ensuring the long-term viability of a business.
There are several key elements that a business risk assessment should include:
Identifying the risks: The first step in the risk assessment process is to identify the potential risks that the business may face. This can include internal risks, such as operational inefficiencies or employee misconduct, as well as external risks, such as market changes or natural disasters.
Evaluating the risks: Once the risks have been identified, the next step is to evaluate their potential impact on the business. This includes considering the likelihood of each risk occurring, as well as the potential consequences if it does.
Prioritising the risks: After evaluating the risks, the next step is to prioritise them based on their potential impact on the business. This will help the organisation focus its resources on the most significant risks and develop strategies to mitigate them.
Developing risk management strategies: Once the risks have been prioritised, the next step is to develop strategies to mitigate them. This can include implementing control measures to prevent or reduce the likelihood of risks occurring, or transferring the risk to another party through insurance or other means.
Monitoring and reviewing the risks: The risk assessment process is ongoing and should be regularly reviewed and updated to ensure that it remains relevant and effective. This includes monitoring the risks and identifying any new or emerging risks that may have arisen since the last assessment.
In summary, a business risk assessment should include the following key elements:
Identifying the risks
Evaluating the risks
Prioritizing the risks
Developing risk management strategies
Monitoring and reviewing the risks
Every business faces risks that could be a threat to its success
The business leaders who are better prepared for these risks and have a cost effective risk management plan and business strategy are more likely to be more successful.
Enterprise Wide Risk Assessment For Faster Business Growth With Best Use Of Business Assets
Develop a suitable risk assessment process to assist with your risk management plan preparation. Review your existing risk management process to ensure it is fit for purpose in a rapidly changing marketplace. Successful entrepreneurs have a good strategic operational and project risk management attitude and business culture that is flexible enough to cope with any economic environment.
There are numerous factors that can contribute to the success of a business. Here are some key factors that are often considered critical for building and maintaining a successful business:
Clear Vision and Strategy: A successful business requires a clear vision and a well-defined strategy. This includes setting goals, defining the direction of the business, and developing a roadmap to achieve those goals.
Market Research and Understanding Customer Needs: Understanding the market and identifying customer needs are essential for success. Conducting thorough market research, identifying target customers, and tailoring products or services to meet their needs is critical in building a successful business.
Strong Leadership: Effective leadership is crucial for the success of any business. It involves providing direction, making decisions, motivating employees, and fostering a positive work culture. Strong leadership skills help in guiding the business through challenges and achieving the desired outcomes.
Financial Management: Proper financial management, including budgeting, cash flow management, and financial planning, is vital for the long-term success of a business. Sound financial management practices help in ensuring that the business remains financially stable and can weather economic uncertainties.
Quality Products or Services: Delivering high-quality products or services is essential for building a loyal customer base. Providing value to customers and consistently meeting or exceeding their expectations builds trust and helps in retaining customers, which is critical for the success of any business.
Effective Marketing and Branding: Successful businesses understand the importance of effective marketing and branding. Creating a strong brand presence, developing marketing strategies to reach the target audience, and promoting products or services effectively can lead to increased visibility, customer acquisition, and revenue growth.
Innovation and Adaptability: In today’s dynamic business environment, innovation and adaptability are crucial for success. Successful businesses continuously innovate, adapt to changing market trends, and find new ways to stay relevant and competitive in the market.
Efficient Operations and Processes: Streamlining operations and processes can improve efficiency, reduce costs, and enhance customer satisfaction. Implementing effective systems and processes, optimising the supply chain, and leveraging technology can lead to improved productivity and operational excellence.
Talented and Engaged Workforce: A skilled and motivated workforce is vital for the success of any business. Hiring and retaining top talent, providing opportunities for growth and development, fostering a positive work culture, and promoting employee engagement can lead to higher productivity and overall business success.
Customer Relationship Management: Building strong customer relationships is crucial for long-term success. Providing excellent customer service, maintaining open lines of communication, addressing customer feedback, and building customer loyalty are key factors that contribute to the success of a business. These are some of the key factors that can contribute to the success of a business. However, it’s important to note that success is multifaceted and can vary depending on the industry, market, and individual circumstances. It’s essential to carefully plan, execute, and continuously adapt to changing circumstances to achieve long-term business success.
Strategic Partnerships and Networking: Collaborating with strategic partners and building a strong network can provide valuable opportunities for business growth. Strategic partnerships can help access new markets, share resources, and leverage complementary strengths, while networking can lead to new business leads, partnerships, and valuable industry insights.
Risk Management: Successful businesses recognize the importance of managing risks. This includes identifying and mitigating potential risks, having contingency plans in place, and being prepared to handle unexpected challenges. Effective risk management can help protect the business from potential setbacks and ensure its resilience.
Flexibility and Adaptability: Business environments can change rapidly, and successful businesses are agile and adaptable. Being open to change, willing to pivot when necessary, and embracing innovation can help a business stay ahead of the competition and navigate through uncertainties.
Continuous Learning and Improvement: Successful businesses are always learning and improving. Keeping up with industry trends, staying updated with technology, and seeking feedback from customers and employees can provide valuable insights for making informed decisions and driving continuous improvement.
Strong Customer Focus: Putting the customer at the center of the business is crucial for success. Understanding customer preferences, delivering excellent customer experiences, and building customer loyalty can lead to repeat business, positive word-of-mouth, and a strong brand reputation.
Ethical and Responsible Business Practices: Operating with integrity, practicing ethical business standards, and being socially responsible can build trust and credibility with customers, employees, and other stakeholders. Demonstrating responsible business practices can contribute to long-term success and sustainability.
Resilience and Persistence: Building a successful business is not always easy, and setbacks and failures are inevitable. Successful businesses demonstrate resilience, learn from failures, and persist in the face of challenges. Perseverance, determination, and the ability to bounce back from setbacks are key traits of successful entrepreneurs.
Long-term Planning and Goal-setting: Having a long-term vision and setting realistic goals is important for business success. Long-term planning allows for strategic decision-making, resource allocation, and monitoring progress towards achieving business objectives.
Adapting to Digital Transformation: In today’s digital age, successful businesses embrace digital transformation. This includes leveraging technology for automation, digital marketing, data analysis, and online presence to stay competitive and meet changing customer preferences.
Monitoring and Measuring Key Performance Indicators (KPIs): Successful businesses monitor and measure key performance indicators (KPIs) to track progress, identify areas for improvement, and make data-driven decisions. Regularly analysing KPIs provides insights into the health and performance of the business and helps in making informed decisions.
In conclusion, building and maintaining a successful business requires a combination of various factors. It’s important to have a clear vision, understand the market and customer needs, demonstrate effective leadership, manage finances wisely, deliver quality products or services, market and brand effectively, innovate, and adapt to changing environments. Additionally, building a strong team, managing risks, focusing on customer satisfaction, practicing responsible business ethics, and being resilient and persistent are key factors that contribute to long-term business success.
Improve your risk management process. Mitigate threats or seize new opportunities more quickly. Simplify your enterprise risk management ERM process.
Introduce a framework for your business to use an enterprise risk assessment process to reduce uncertainty. Make quick well informed business decisions. Take a systemic risk based approach to manage enterprise risks more effectively.
Use an enterprise risk management business strategy to inform your decision making process
BusinessRiskTV
Adopt an holistic approach to business risk management. Develop your risk knowledge and improve your risk management capability. Better business decision making will build long term business resilience regardless of the economic environment. Develop a more structured approach to making business decisions.
Enhance strategic operational and project decision making with enterprise risk management ERM
BusinessRiskTV
Increase your ability to prioritise your business resources for best effect on your business objectives.
Subscribe to BusinessRiskTV for free alerts bulletins and reviews on enterprise risk management
Holistic business solutions with BusinessRiskTV.com
Holistic approach in business management. Develop an holistic business plan for your business. Making business decisions after holistic risk management process completed. Enterprise risk management ERM principles and practices to improve business performance. Network with top business leaders locally and globally to protect business better and grow faster.
An holistic approach in business management will protect your business better and grow faster for longer more resiliently with less uncertainty
BusinessRiskTV
The holistic business approach we advocate uses the principles and practices of enterprise risk management methodology in ISO 31000. Create an holistic business plan to build a more resilient business regardless of the economic environment.
Seize and develop new business opportunities
Protect your business more cost effectively
Maximise the return on your existing assets to perform more efficiently and successfully
Reduce the impact of uncertainty on your business objectives. Pick better business objectives that are really achievable more easily. Build on the value of your business. Improve business results with faster business growth and development.
Our holistic business approach reviews the whole business. When you know where you really stand then you can set a course for where you want to get to. Tap into the risk knowledge of your peers locally and globally to overcome business hurdles quicker easier and cheaper. Change your business decision making process.
Holistic Approach To Business Development
Find ways to grow faster and protect your business better
Upgrade your risk management systems and capability with BusinessRiskTV and its network of risk management experts and business leaders. Deliver improved continuously sustainable business results.
Review and reset a holistic approach in business risk management strategy for your business
BusinessRiskTV
Set a new course to achieve more business success with a risk based holistic approach to strategic operational and project decisions.
Promote and market your business on BusinessRiskTV for 12 months
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #HolisticRiskManagementMarketing
Put your holistic business solutions in front of more people already interested in your type of business offering. Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Enterprise Wide Risk Assessment
Email editor@businessrisktv.com to find out more about an holistic approach to business planning
Business management consulting services on BusinessRiskTV.com
Discover how to grow business faster with less uncertainty. Business risk management consulting services focusing on key critical threats and opportunities for growth for your business. Make better strategic operational and project risk management decisions. Correct the direction of your business for greater success in business.
Fulfil the potential of your business with our experts tips advice and support. Discover how to grow your business faster with less uncertainty.
BusinessRiskTV
Sustain your business for the long term. Build business resilience regardless of economic environment. Be more successful despite the business environment not because of it.
Our network of risk experts will supply industry or country expert risk management knowledge and experience. They understand your business opportunities and challenges.
Collaborate with our risk experts to achieve more in business. Be more successful in future.
BusinessRiskTV
Design a new strategic development plan for your business. Find out more about our consulting services. Find the best consultant for your business on BusinessRiskTV. Their deep country and industry knowledge can provide quick risk management insight to overcome hurdles cheaper and more profitably.
How To Reduce Uncertainty In Business
Subscribe to BusinessRiskTV for free alerts and bulletins on business risk management to aide your decision making process
You will find related risk management articles and videos to develop your risk knowledge and business intelligence to improve your business decision making process
How To Reduce Uncertainty In Business With BusinessRiskTV
Put your products or services in front of new people already interested in your type of business offering.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit. Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Creative and innovative thinking with BusinessRiskTV.com
Develop innovative thinking skills and process for your business. Find new and innovative ideas to help your business grow faster.Learn about strategies to help develop innovative thinking.
Develop a more innovative business to create a competitive advantage
BusinessRiskTV
Creative thinking for practical benefits will help your business grow faster. Learn techniques for generating new ideas. Connect with top business leaders around the world to help you.
Identify and seize new business opportunities.
BusinessRiskTV
Subscribe to BusinessRiskTV for free alerts and bulletins on innovative ideas to protect and grow your business
Subscribe to BusinessRiskTV for free alerts and bulletins on upcoming webinars and risk expert panel questions and answers
Business experts share corporate risk management knowledge. Avoid procrastination and make better business decisions. Grow your business faster.
Network with our community of business experts to help protect your business and grow it faster with less uncertainty
Find risk management consultants you need for your business. Our business risk management experts can answer your questions provide advice and provide risk insight.
Our experts panel online events are designed to help your business grow faster. Access good business risk management advice on the risks in your country and industry. Develop and protect your business better. Find answers to questions about your own business risks. Ask the experts.
Do you need advice from an expert?
In the world of business, making the right decisions can be the difference between success and failure. Business owners must be able to weigh the potential risks and rewards of each decision before taking action. But with so many variables to consider, making good business decisions can be a daunting task. Fortunately, BusinessRiskTV.com is here to help. In this article, we’ll explore the importance of good business decisions and how BusinessRiskTV.com can help you make them.
Why Good Business Decisions are Important
Making good business decisions is essential for the long-term success of any company. Here are a few reasons why:
Maximising profits: Good business decisions can help you maximise your profits by identifying opportunities to cut costs, increase revenue, and improve efficiency.
Mitigating risks: Every business decision involves some level of risk. Making good decisions can help you identify and mitigate potential risks, reducing the likelihood of financial losses.
Building trust: Making good decisions can help build trust with customers, employees, and investors. By demonstrating your ability to make sound decisions, you can inspire confidence in your stakeholders and build a positive reputation for your company.
Improving innovation: Good business decisions can lead to innovative ideas and solutions, helping your company stay ahead of the competition.
How BusinessRiskTV.com can Help
BusinessRiskTV.com is an online platform designed to help businesses manage risks and make informed decisions. Here are some of the ways BusinessRiskTV.com can help you make good business decisions:
Risk Management Tools: BusinessRiskTV.com provides a wide range of risk management tools to help you identify, assess, and mitigate potential risks. These tools can help you make informed decisions based on data-driven insights.
Expert Advice: BusinessRiskTV.com provides access to a network of experts in various industries. These experts can offer valuable insights and advice on how to make informed business decisions.
Industry Insights: BusinessRiskTV.com provides access to a wealth of industry insights and data. By staying up-to-date with the latest trends and developments in your industry, you can make informed decisions that give you a competitive edge.
Training and Education: BusinessRiskTV.com provides training and education resources to help you and your team improve your decision-making skills. By developing your ability to make informed decisions, you can improve the overall performance of your company.
Examples of Good Business Decisions
Let’s take a look at some real-world examples of good business decisions:
Apple’s Decision to Focus on Design: In the early 2000s, Apple made the decision to focus on design, creating products that were both aesthetically pleasing and functional. This decision helped Apple differentiate itself from competitors and build a loyal customer base.
Netflix’s Decision to Move into Original Content: In 2013, Netflix made the decision to move into original content, producing shows like House of Cards and Orange is the New Black. This decision helped Netflix reduce its reliance on licensed content and establish itself as a major player in the entertainment industry.
Amazon’s Decision to Invest in Technology: Amazon has consistently invested in technology, from its early days as an online bookseller to its current position as a leading e-commerce and cloud computing company. This decision has helped Amazon stay ahead of the competition and maintain its position as a market leader.
Coca-Cola’s Decision to Expand into New Markets: Coca-Cola has a long history of expanding into new markets, from its early days in the United States to its current position as a global brand. This decision has helped Coca-Cola maintain its position as one of the world’s most recognisable brands.
Ford’s Decision to Introduce the Model T: In 1908, Ford made the decision to introduce the Model T, a car that was affordable and easy to produce. This decision revolutionised the automobile industry, making cars accessible to the average person and transforming transportation as we know it.
These examples demonstrate the importance of making good business decisions and the impact they can have on a company’s success.
Making good business decisions is essential for the long-term success of any company. By identifying and mitigating potential risks, maximising profits, building trust, and improving innovation, good business decisions can help companies stay ahead of the competition and achieve their goals.
BusinessRiskTV.com is an online platform designed to help businesses manage risks and make informed decisions. By providing access to risk management tools, expert advice, industry insights, and training and education resources, BusinessRiskTV.com can help companies make informed decisions that drive their success.
So if you want to make good business decisions, turn to BusinessRiskTV.com. With its wealth of resources and expert guidance, you can make informed decisions that help your company achieve its goals and thrive in today’s competitive business landscape.
Subscribe to BusinessRiskTV for free UK business and the economy alerts and bulletins notifications
UK economic forecast next 5 years. Global business and economy experts opinions analysis and review of best guess for UK economy. Network with top business leaders and risk management professionals to help you make better more informed business decisions.
Businesses in the UK will grow over the next 5 years. Will your business be one of them. Not all businesses in UK will grow. The UK business leaders which take the right decisions to protect and grow their business will grow their business regardless of the UK economic future.
What of the future? Economic growth not contraction. The fundamentals of the UK economy are strong. Can your business exploit the opportunities for growth that are ahead?
Recommended articles and videos trending on BusinessRiskTV
Is printing money a Ponzi scheme designed to bail governments out and create asset bubbles to make rich richer and poor poorer?
The claim that printing money by western central banks is a Ponzi scheme is a controversial one. Some economists argue that it is true, as printing money can lead to inflation, which erodes the value of money saved by citizens and investors. Others argue that printing money can be a necessary tool to stimulate economic growth, and that the negative effects of inflation can be managed.
Here are some of the potential consequences of printing money:
Inflation: When the government prints more money, it increases the amount of money in circulation. This can lead to inflation, as people have more money to spend and demand for goods and services increases. Inflation can make it more expensive to buy goods and services, and can erode the value of savings.
Devaluation of the currency: If the government prints too much money, it can lead to the devaluation of the currency. This means that the currency will become worth less in terms of other currencies. This can make it more expensive for businesses to import goods and services, and can make it more difficult for people to travel abroad.
Unintended consequences:Printing money can also have unintended consequences. For example, it can lead to asset bubbles, as people invest in assets in the hope that their value will increase. This can lead to a financial crisis if the asset bubble bursts.
It is important to note that the effects of printing money can vary depending on the specific circumstances. For example, the effects of printing money during a recession may be different from the effects of printing money during a period of economic growth.
In conclusion, the claim that printing money by western central banks is a Ponzi scheme is a complex one. There are both potential benefits and risks associated with printing money, and the effects can vary depending on the specific circumstances.
Ask The Experts On The UK Economy and Business Prospects For Free
Find out when the next live business management expert panel is hosted on BusinessRiskTV. Subscribe to BusinessRiskTV for free alerts and bulletins.
Find ways to grow your business faster more resiliently and with less uncertainty
Our innovative approach to business growth will help your business grow faster regardless of the UK economic outlook. Some businesses always grow and there is no reason it could not be your business.
Help to grow your business faster
Sure there is uncertainty about the UKs economic future. When has there been certainty? The key is to find ways to grow whatever the economic future or at least protect your business so it is resilient and survives.
There are undeniable challenges ahead for UK business leaders. Identify them assess their impact on your business and set a risk management plan and strategy for business resilience.
Product recall experts protecting customers and brands on BusinessRiskTV
Find out more about the latest product recalls. Discover how to protect your business or life. Identify risks and understand how you are exposed.
Want all the latest product recall risk management news and product risk analysis for your country and industry? Sign up to our BusinessRiskTV newsletter, Business Risk Alerts and Business and Economic Risk Reports email editor@businessrisktv.com or follow us on your favourite social media account.
Explore risk management problems and solutions. Do you work in risk management, or need more growth with less uncertainty? Are you interested in enterprise-wide business solutions for your business problems, or looking to save money and time on business risk management? Do you want to connect with enterprise risk management experts or other buyers of enterprise risk management services? Subscribe for free to BusinessRiskTV now email editor@businessrisktv.com now or follow us on your favourite social media account now.
Subscribe to BusinessRiskTV Product Recall Alerts and Bulletins
Promote and market your business on Product Recalls Risk Management
Business Marketing Solutions From BusinessRiskTV
30th April 2020 Another 55000 Washing Machines in UK Homes Should Stop Being Used and Need Repairing or Replacing Owing to a Fire Risk
An extra 21 models have been added to the list of 524000 Hotpoint and Indesit washing machines being recalled. Whirlpool owns the washing machine brands. The product recall programme was ongoing despite coronavirus restrictions. The total number of models affected is 66.
About 20 percent of the Hotpoint and Indesit washing machines sold since 2014 are affected by a safety fault and need to be recalled.
BusinessRiskTV
79 fires are thought to have been caused by an overheating door locking system in the washing machine. The fault develops over time according to Whirlpool.
Owners of Hotpoint and Indesit washing machines bought since October 2014 will need to enter the model and serial number of their appliance found inside the door or on the back to see if it is one of those affected. Those who have previously checked and been given the all clear may need to check again due to the new models with faults added to fault affected list. Slots for a modification or replacement machine are available straight away.
All owners affected by the recall are entitled to a replacement washing machine or a repair to their existing appliance without charge but there is no offer from the company of a refund. They should stop using it until an engineer has checked it if necessary restrict its use to a cold wash.
4th March 2020 Toyota Motor Corp Recalling 3.2 Million Vehicles Worldwide To Address Fuel Pump Issue That Could Result In Engines Stalling.
Dealers will replace the fuel pumps with new ones.
Owners have complained of rough engine running engine not starting and loss of power while driving at low speeds.
21st November 2019 Fiat Chrysler Recalling 700000 sport utility vehicles SUVs worldwide due to faulty electrical connection could prevent engine starts or contribute to a stall
The automotive product recall covers 2011 to 2013 model year for Dodge Durango and Jeep Grand Cherokee SUVs. Fiat Chrysler are unaware of any injuries or accidents related to the fault and will notify owners at a later date when they will be able to schedule repairs at car dealerships.
Most of the vehicles being recalled are in USA. The rest are spread around the world including but not limited to Canada and Mexico.
20th July 2019 Dangerous Tumble Dryer Product Recall
Whirlpool is launching a full recall of any remaining fire prone tumble dryers. For 4 years now Whirlpool have resisted calls to recall tumble dryers when the fault emerged.
Tumble dryer brands affected include Hotpoint Indesit Creda Swan and Proline bought between April 2004 and September 2015 in UK.
BusinessRiskTV
For more information on what to do if you bought a tumble dryer call 0800 151 0905 or visit CLICK HERE. Check if your tumble dryer is affected. If it is on the product recall list stop using it and unplug it immediately.
Options for tumble dryer owners include:
Obtain a free replacement dryer with no extra charges for collection or disposal of the old machine
Get a free one hour modification of the old machine
Take a discounted upgrade to a higher specification model than the free replacement
Obtain a partial refund of up to 150 pounds with owners of older machines getting less than those with newer ones
If your tumble dryer has already been modified as a safety upgrade you may not be able to take advantage of above options but call the helpline to double check.
#UKfiresafety
20th July 2019 Volvo Product Recall 500000 Worldwide
Volvo car manufacturer has concerns of fire risk. A plastic part of the engine can melt and deform and in extreme cases catch fire.
The product recall affects some cars made in the past five years. Volvo will contact affected customers.
There have been Volvo car fires as a result though no one has been injured.
BusinessRiskTV
Volvo has reported how many fires have occurred as a result of the defect. The product defect affects cars from the models years 2014 to 2019 with four-cylinder diesel engines.
Car owners have been told that vehicles are safe to use if the car is not currently showing signs of a problem including engine warning light coming on lack of power from engine or an unusual smell.
Subscribe to BusinessRiskTV business risk management news bulletin to inform your decision-making.
Subscribe to BusinessRiskTV.com for free
Why is risk management in the news today? Latest business risk management news headlines opinions and business reviews. Top business videos live and on demand. Pick up tips advice and support to inform your business decision making process. Network with key business risk management thought leaders around the world.
Subscribe to BusinessRiskTV Business Risk News for free to receive alerts and bulletins
Promote and market your business on BusinessRiskTV for 12 months
Put your products or services in front of new people already interested in your type of business offering before your competitors do.
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #Marketing
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Business Risk News : if your objective is freedom and success you will need objectivity, clarity and independence of thought from your news source to discover freedom and success in business. The wider news media is useless to you as it has its own agenda. If your recognise that this is the real truth and understand why that impacts on your ability to make your business a success then you will want to come back to BusinessRiskTV Risk News more often for help to inform your better decision making process to achieve success in business with less uncertainty. Don’t let yourself be brainwashed by the agenda of others not aligned to your business objectives.
Enterprise risk management tools and solutions on BusinessRiskTV
Partner with BusinessRiskTV Influencer Marketing services. Collaborate with BusinessRiskTV to get your business risk management business noticed more. Make your influencer marketing budget go further to increase revenue.
Maximise your return of investment in your marketing and advertising with BusinessRiskTV.
BusinessRiskTV
Develop the right content to showcase your business products and services. BusinessRiskTV moves away from the traditional term of influencer. We work with key business risk management influencers in country risks and industry risks as well as holistic risk management influencers.
We team up with top business risk management influencers to promote your business interests in an ethical and transparent way.
Understand risks facing your business better
Make your brand stand out in a positive way
Helping brands and influencers build lasting partnerships
Use Influencer Marketing to enhance your brand communication
BusinessRiskTV immerses itself in business risk management trends. We build connections with the top business thought leaders around the world. Helping your brand join the conversation at the right time. Promote your brand in the best way.
Improving risk management process and culture with BusinessRiskTV
Top business risk experts share risk management tips advice and support. We look forward to connecting more risk experts with business leaders. Solve business problems faster and more profitably with BusinessRiskTV.
Receive email alerts to upcoming events workshops and online risk management discussions to manage risks better.
Network with key business leaders around the world to improve the way you manage risks
Continual risk management learning opportunities on BusinessRiskTV. Access support via our expanding online resources of risk knowledge webcasts and other free risk management material. We support your own agenda for continued professional development.
Improve your risk management capability risk knowledge and business risk management culture with BusinessRiskTV risk experts.
Improve your customer satisfaction
Boost business performance
Share risk management knowledge
Work together with BusinessRiskTV to achieve your own business objectives.
Brand awareness marketing and business strategy development with BusinessRiskTV. Awareness campaign ideas.
Ways to increase your brand awareness and visibility online
Awareness campaign ideas. How do you intend to create brand awareness online? Brand awareness ideas from BusinessRiskTV will grow your business and build business resilience. Want to get your business noticed online more? Pick up brand awareness campaign ideas. Increase online sales. Present your products or services in front of more new potential customers. Make sure your brand awareness ideas are converted into new sales that make a profit.
Learn how to develop a brand With BusinessRiskTV help tools and and techniques enter code #BrandAwarenessIdeasBrand Awareness Campaign Ideas With BusinessRiskTV.com enter code #BrandAwarenessIdeas
Increase online sales. Get your brand known locally and globally. Raise your brand awareness ideas to grow your business faster. Awareness campaign ideas.
Without effective brand awareness your business could lose out on sales your competitors have won. Consumers and businesses only have a limited amount of money to spend and if they spend their scarce resource because they found your competitor and not you then you lose. Learn here how to make your business stand out online and become more successful.
Several of the biggest retailers in the UK have collapsed or nearly collapsed due in a large part to failure to have an appropriate increase brand awareness strategy
BusinessRiskTV
There are a number of straightforward ways you can build your brands reputation online. From social media marketing strategies to better Search Engine Optimisation SEO. Learn how to increase online sales faster cost effectively. Determine the right social media channels for your brand and develop a new brand awareness strategy.
Subscribe for free to learn how to increase brand awareness online
Increasing online sales is of growing importance to SMEs and large businesses. The shift from the High Street to the web continues unabated. Bricks and mortar businesses also need to explore how to increase brand awareness. Simply relying on what has worked for you in past may not be enough to survive in future.
Subscribe for free to learn how to increase brand awareness online entering code #BrandAwarenessIdeas
Promote and market your business on BusinessRiskTV for 12 months
Find out how to promote your business locally and globally. CLICK HERE or email editor@businessrisktv.com entering code #BrandAwarenessIdeas
Put your products or services in front of new people already interested in your type of business offering.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Business marketing ideas and eCommerce solutions with BusinessRiskTV.com
Online Business Development Ideas
Develop an innovative strategy to grow your business presence online. If you do not have a massive budget to grow your business online subscribe to BusinessRiskTV. Improve your online profile.
How To Grow Online Sales With BusinessRiskTV. CLICK HERE or email editor@businessrisktv.com entering code #Marketing
Our innovative internet marketing ideas can help grow your business faster online. No marketing experience is needed
Put your business products or services in front of new people already interested in your type of business offering.
Link into your existing online sales process direct from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit.
Increase the sources of your revenue streams more sustainably. Grow your business faster with BusinessRiskTV.
Subscribe to BusinessRiskTV to find out how to grow online sales
Subscribe to BusinessRiskTV to find out how to grow online sales enter code #GrowMyBusiness
Maximising Your Business Growth: Insider Strategies and Tactics from Industry Leaders
Maximising your business growth tips: sharing insider strategies and tactics from industry leaders to help you take your business to the next level.
Identify your target market.
Before you can start growing your business, you need to know who your target market is. This will help you tailor your products or services to meet the needs and wants of your ideal customer. To identify your target market, consider factors such as demographics, location, and interests.
Set clear goals and objectives.
In order to grow your business, you need to have a clear direction and plan in place. This means setting specific, measurable, achievable, relevant, and time-bound (SMART) goals and objectives. Having clear goals and objectives will help you stay focused and motivated as you work towards growing your business.
Invest in marketing and advertising.
Marketing and advertising are crucial to getting the word out about your business and attracting new customers. Consider investing in both traditional and digital marketing efforts, such as social media, email marketing, and content marketing.
Focus on customer satisfaction.
Happy customers are key to driving business growth. Make sure to prioritise customer satisfaction by providing high-quality products or services, responding to customer inquiries and complaints, and continuously seeking ways to improve the customer experience.
Diversify your revenue streams.
Diversifying your revenue streams can help protect your business from economic downturns and provide multiple sources of income. Consider offering new products or services, partnering with other businesses, or exploring alternative revenue streams such as licensing or franchising.
By following these insider strategies and tactics, you can take your business to new heights of growth and success. Remember to always keep your target market in mind, set clear goals and objectives, invest in marketing and advertising, focus on customer satisfaction, and diversify your revenue streams.
How to grow your business
Boost Your UK Business Revenue
Struggling to grow your UK business? This article reveals the critical link between revenue growth and business survival. Discover the top 5 threats to your business when revenue stagnates and learn proven strategies to overcome them. From deepening customer relationships to expanding market reach and driving sales and marketing effectiveness, this guide empowers you to take control of your business’s future. Join our Business Development Ideas LinkedIn group for free expert advice and networking opportunities. Don’t let stagnant revenue hold you back – unlock your business’s full potential today!
