Holistic approach to business planning

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

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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

Better Business Decision Making Faster Business Growth More Corporate Enterprise Success

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

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Set a new course to achieve more business success with a risk based holistic approach to strategic operational and project decisions.

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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.

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Ways to reduce uncertainty in business

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.

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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.

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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.

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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.

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Working to make sure your company seizes growth opportunities

What makes a business sustainable and profitable?

Innovative ways to sustain your business. Identify and seize new business opportunities. Fulfil your entrepreneurial attitude and seize the right opportunities for business growth.

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Decision Making Process

Making better decisions with BusinessRiskTV.com

Learn how to make better decisions at work. Use decision making facts in enterprise risk management process to make better decisions. Network with top business leaders locally and globally to inform your decision making process.

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Strategies For Innovative Thinking

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

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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.

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Business experts share corporate risk management knowledge. Avoid procrastination and make better business decisions. Grow your business faster.

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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.

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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.

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Inform your business decision making process

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Guide To Problem Solving With BusinessRiskTV

Common Biz Problems & Solutions

Common Business Problems: Impediments and the BusinessRiskTV Guide to Problem Solving

Running a business is an intricate endeavour filled with various challenges. From startup ventures to well-established corporations, businesses face a range of problems that can hinder their growth, profitability, and overall success. Recognising and addressing these issues promptly is crucial to ensure the longevity and prosperity of any organisation. In this article, we will explore some common business problems, discuss why they impede businesses, and present the BusinessRiskTV Guide to Problem Solving.

I. Financial Constraints

One of the most prevalent issues faced by businesses is financial constraints. Limited access to capital, cash flow problems, and high operating costs can cripple an organisation’s ability to invest, expand, and innovate. Insufficient funding can prevent businesses from hiring top talent, acquiring necessary resources, and adapting to market changes. Without a strong financial foundation, companies may struggle to remain competitive and sustain their operations in the long run.

II. Lack of Innovation

Innovation is vital for businesses to stay relevant and competitive in today’s dynamic market. However, many organisations face the challenge of stagnation and a lack of innovation. This problem can arise due to a rigid organisational structure, resistance to change, or a failure to allocate resources for research and development. Without a focus on innovation, businesses may fail to keep up with evolving customer demands and technological advancements, ultimately losing their competitive edge.

III. Ineffective Marketing and Branding

Marketing and branding play a significant role in shaping a business’s perception among consumers. However, many companies struggle with developing effective marketing strategies and building a strong brand identity. Inadequate market research, ineffective communication, and a lack of brand consistency can lead to low customer engagement, reduced sales, and difficulty in attracting new customers. Without a robust marketing and branding approach, businesses may fail to differentiate themselves from competitors and struggle to establish a loyal customer base.

IV. Poor Customer Service

Customer satisfaction is paramount to the success of any business. However, poor customer service can drive customers away and damage a company’s reputation. Insufficiently trained staff, unresponsive customer support, and ineffective complaint resolution processes can create negative experiences for customers. This can result in lost sales, diminished customer loyalty, and negative word-of-mouth publicity, all of which can have a significant impact on a business’s bottom line.

V. Operational Inefficiencies

Operational inefficiencies can arise from various factors, including ineffective processes, poor supply chain management, and inadequate resource utilisation. These inefficiencies lead to delays, increased costs, and reduced productivity. Over time, they can result in decreased customer satisfaction, decreased profit margins, and a loss of competitive advantage. Addressing operational inefficiencies is crucial for optimising business performance and ensuring smooth operations.

VI. Human Resources Challenges

Managing human resources can be a complex task for businesses. Challenges such as attracting and retaining top talent, fostering employee engagement, and addressing conflicts within the workplace can impede productivity and hinder organizational growth. Failure to create a positive work culture and provide opportunities for professional development can lead to high turnover rates and a loss of valuable expertise. Investing in human resources and addressing these challenges is essential for building a motivated and skilled workforce.

BusinessRiskTV Guide to Problem Solving

To overcome the common business problems outlined above, the BusinessRiskTV Guide to Problem Solving offers a systematic approach to identify, analyse, and address issues effectively. Here are the key steps of the guide:

Problem Identification: Thoroughly examine your business operations and identify the specific problems hindering growth and success. This could involve conducting surveys, analysing data, and soliciting feedback from employees and customers.

Root Cause Analysis: Determine the underlying causes of the identified problems. Look beyond surface-level symptoms to identify the core issues impacting your business. Use tools such as the “Five Whys” technique to delve deeper into the root causes of the problems.

Prioritisation: Prioritise the identified problems based on their potential impact on the business and the feasibility of addressing them. Focus on tackling the most critical issues first to maximise the positive impact on your organisation.

Collaborative Approach: Involve key stakeholders, including employees, managers, and customers, in the problem-solving process. Embrace diverse perspectives and encourage open communication to gain a comprehensive understanding of the problems and potential solutions.

Solution Generation: Brainstorm potential solutions to address the identified problems. Encourage creativity and innovation during this stage. Consider both short-term fixes and long-term strategies that align with your business goals.

Evaluation and Selection: Evaluate each potential solution based on its feasibility, cost-effectiveness, and alignment with your business objectives. Select the solutions that are most likely to deliver positive results and address the root causes of the problems effectively.

Implementation: Develop a detailed action plan for implementing the selected solutions. Assign responsibilities, set deadlines, and allocate necessary resources. Communicate the plan to all stakeholders and ensure everyone is aligned and committed to the implementation process.

Monitoring and Evaluation: Continuously monitor the progress of the implemented solutions and evaluate their effectiveness. Use key performance indicators (KPIs) to measure the impact of the solutions on your business. Make adjustments as needed to optimise the outcomes.

Continuous Improvement: Problem-solving should be an ongoing process. Regularly review your business operations, gather feedback, and seek opportunities for improvement. Foster a culture of continuous learning and adaptation within your organization.

Common business problems can impede an organisation’s growth and success. However, by recognising these challenges and implementing effective problem-solving strategies, businesses can overcome these obstacles and thrive. The BusinessRiskTV Guide to Problem Solving provides a structured approach to identify, analyse, and address problems systematically, empowering businesses to make informed decisions and drive positive change. By prioritising problem-solving and embracing a culture of continuous improvement, businesses can overcome challenges, enhance their competitiveness, and pave the way for long-term success.

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Tackling the risks that matter to businesses

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Business performance can improve faster tackling business risks holistically rather than individually. Discover the best ways to tackle the biggest risks to your business. Is your business properly prepared with effective risk management tools and techniques.

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Take more confident steps to tackle increased business risks. Read and watch videostream on practical risk management suggestions for the key risks that matter to your business performance. Address the key risk in your business more cost effectively and profitably.

Redesign your risk management plan to detail new strategies for dealing with key risks specific to your business. Focus your existing resources on the issues that will build strongest business resilience.

Businesses of every kind in every sector and every country seizing business opportunities to grow faster with less uncertainty. Risk affects all areas of your business. Manage those risks better for heightened business success.

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UK Online Shop Front Experts

Creating new income for your business in the UK online

Start selling online today. Access help to customise your online shop. We will help you create your own bespoke online shop front. Pick the support package you want to sell more online quickly and cheaply.

Our online store builder service has everything you need to sell more online with little technical knowledge. Learn how to start an online store with help from BusinessRiskTV. Our service makes it easy to start and grow online sales.

Quickly present your digital shop front to more potential customers online. Showcase your business products or services for greater small business success. Grow your business faster with BusinessRiskTV support.

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Tap into online sales spend with our help and support. Use our innovative eCommerce ideas to sell more profitably. Protect your cash flow and increase sales whilst staying fully in control of the money from increased sales.

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Our professional assistants will take what you offer and present it to more potential customers so you make more sales with little extra cost.

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UK Productivity Problem

UK productivity crisis and tips to improve productivity with BusinessRiskTV.com

Productivity in UK contracted at the fastest annual pace since 2014 during the second quarter according the Office for National Statistics ONS. The UK economy is amazing at creating jobs but bad at working efficiently. UK productivity has been lower over the past decade than at any time in the 20th Century according to ONS.

Output per hour worked fell 0.5 percent year on year in the second quarter.

Office for National Statistics ONS

Working more efficiently is critical to sustainably lift the UK standard of living. The UK has innovative energetic people working in the economy. Why are innovative ways of doing things not being embedded in the workplace to boost UK productivity? We can change the way we do things but we need to work at it instead of doing what we have always done.

Working inefficiently is not a new thing for the UK. Many employers in UK see investing in new machinery equipment or buildings as too risky and too expensive compared to employing labour which can be cut without much cost and little risk.

The geopolitical risks and global slowdown does not make business leaders in UK confident enough to invest in their future today. However even in these difficult times there are opportunities to invest for future growth with less uncertainty.

The efficiency of the UK workforce is measured in output per worker and the UK has been working inefficiently more or less since the financial crisis. This is understandable. After you have had your fingers burned you can become more risk averse through fear you will be burned again.

However if you deploy holistic enterprise risk management decision making strategy it can help reduce uncertainty impacting negatively on business objectives and productivity. You can become more successful more quickly for longer with enterprise risk management strategy.

Output per worker in UK has for years been worse than the rest of the G7 advanced economies who we should compare the UK against. We are working harder to grow than the rest. We need to work smarter and more efficiently to grow the UK economy sustainably. Each UK business needs to work smarter and more efficiently to grow faster for longer.

Looking at UK productivity compared to other countries does not mean the UK is failing. It does mean it is working inefficiently and UK businesses need to change how they do business to be more successful quicker for longer.

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All types of risk management tips advice and support on BusinessRiskTV.com

Could you help business leaders and help yourself at the same time? You can with BusinessRiskTV. Join our panel of enterprise risk management experts. Network with your peers and risk management experts to boost your business performance. Pick up tips to overcome barriers to business growth.

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Threat and opportunity management

Exploiting Opportunities Mitigating Threats Cost Effectively With BusinessRiskTV

An effective enterprise risk management framework and risk assessment process will identify assess and manage your enterprise risks.

Your enterprise risk management system should help you ensure enterprise risk awareness to mitigate threats and seize new business opportunities.

Control the impact of uncertainty on your business objectives. Create and development new opportunities for business growth. Focus limited business resources on key limiting issues holding your business back. Build business resilience.

Our holistic risk management approach to business decision making can help you develop a new risk based business strategy for greater success. Combat key business threats. Create new profitable revenue streams.

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We need to invest money in old ideas and new

Do you want to invest in your business future today

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Our future is here. We need to invest hard cash into the money innovative ideas that are just seedlings. In addition we need to invest money on old ideas that have legs but no backers. There are enormous opportunities for business and economic growth. Trouble is that we are still trying to make the obsolete ideas work for us now.

 

Business Change and Transformation For the Better

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Risk Events

BusinessRiskTV Risk Management Events online help for business leaders to grow business faster with less uncertainty

Did you want to understand the threats and opportunities you are or will face?

BusinessRiskTV Risk Events will help inform your risk management decision making. Make better decisions with less uncertainty.

Join us at free risk management events. BusinessRiskTV free online Risk Events are aimed at business leaders. Our risk management experts will help business leaders overcome barriers to success.

Come to our online risk events armed with any questions specific to your business needs as you like. Pick up free business risk management advice wherever you are in the world with a WiFi signal.

To confirm your interest and receive alerts to future Risk Events subscribe to BusinessRiskTV for free today.

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Who Is BusinessRiskTV

BusinessRiskTV was created by Keith Lewis as a hub for business leaders to connect with business management experts and other business leaders to solve business problems quicker.

With BusinessRiskTV you can pick up free business risk management tips advice and support. Our risk management tools and facilities provide various ways to gain support when making important business decisions wherever you are in the world.

Get a quiet nights sleep knowing that your business is better protected and more likely to grow faster with less uncertainty

BusinessRiskTV

Come back time and again for the latest business risk management news headlines opinions and reviews.

How can BusinessRiskTV help your business

With our support uncertainty will have less of a negative impact on your business. Be more positive about future of your business.

It is our mission to help protect your business better and help you grow it faster more profitably for longer. Without making the right decisions at the right time you expose your business to losses and may miss opportunities for business development.

We have a range of services to help you. Most of them are free. We are constantly evolving our range of services to keep you covered. You develop a more holistic approach to business problem solving for a greater chance of more success.

  • Sell More In UK Online. We can help you with ecommerce solutions to sell more profitably and safely online.
  • Sell More Overseas. We can help you sell more in overseas marketplaces more profitably and safely.
  • Collaborate and network online with top business leaders and risk management experts for free. Find best ways to protect and grow your business faster.

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Introduction

  • The importance of problem-solving in business contexts.

Understanding the Significance of Problem Solving

  • Explore why effective problem-solving is crucial for a business’s success.
  • Discuss how it can lead to better decision-making and innovation.

How Your Company Approaches Problems

  • Explain your company’s problem-solving philosophy and principles.
  • Highlight the emphasis on collaboration and cross-functional teams.

The Problem-Solving Process

  • A step-by-step breakdown of your company’s problem-solving process.
  • Detail each stage, from problem identification to solution implementation.

Leveraging Data and Analysis

  • Emphasise the role of data-driven decision-making in problem-solving.
  • Discuss how your company utilises data to understand problems better.

Encouraging a Culture of Innovation

  • Fostering an innovative culture contributes to effective problem-solving.
  • Examples of successful innovations resulting from this approach.

Adapting to Change and Challenges

  • Illustrate how your company tackles unexpected challenges through problem-solving.
  • Highlight the flexibility and adaptability of the process.

The Impact of Problem-Solving on Business Growth

  • Case studies or success stories showcasing the tangible impact of problem-solving.
  • Discuss how problem-solving contributes to overall business growth.

Feedback and Continuous Improvement

  • Emphasise the importance of feedback loops in the problem-solving process.
  • Explain how your company continuously improves its approach based on feedback.
  1. Conclusion
    • Summarise the key points discussed.
    • Reiterate the value of problem-solving for your company’s growth and success.
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  • Virgin Atlantic long haul specialists
  • Short haul aviation business which has fallen on hard times due to short term financial issues but should not be terminal
  • Energy aviation and rail business

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Flybe is being bought by a consortium including Virgin Atlantic and Stobart Group. Inadequate business development at the old Flybe a weaker pound and higher fuel costs all led to the near extinction of Flybe. Flybe shareholders will receive 1p a share and the new consortium saving Flybe from extinction will invest 100 million pounds in the new project. It will operate under the Virgin Atlantic brand.

The consortium saving Flybe is called Connect Airways. Flybe describes itself as Europes largest regional airline.

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Collaborative working is the future for sustainable business growth

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  • Control the risks holding your business development back.

Recognise that you do have opportunities to improve your business and what you need to do to make them work well regardless of the business or economic environment.

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Create a business risk management plan after identifying key threats and opportunities for your business: PESTLE example

A business risk management plan for a business leader in the UK could include the following:

  1. Political risks:
  • Monitor changes in government policies and regulations that may affect the business
  • Assess the potential impact of political instability on the company’s operations and supply chain
  • Develop contingency plans for disruptions caused by political events
  1. Economic risks:
  • Monitor economic indicators such as GDP growth, inflation, and interest rates
  • Assess the potential impact of economic downturns on the company’s revenue and profitability
  • Develop strategies to mitigate the effects of economic fluctuations on the business
  1. Social risks:
  • Monitor changes in consumer behavior and preferences
  • Assess the potential impact of social trends on the company’s products and services
  • Develop strategies to adapt to changes in consumer demand
  1. Technological risks:
  • Monitor advances in technology that may disrupt the company’s business model
  • Assess the potential impact of technological innovations on the company’s competitiveness
  • Invest in research and development to stay ahead of technological changes
  1. Legal risks:
  • Monitor changes in laws and regulations that may affect the business
  • Assess the potential impact of legal changes on the company’s operations and compliance costs
  • Develop strategies to mitigate legal risks, such as insurance or implementing compliance programs
  1. Environmental risks:
  • Monitor changes in environmental regulations and standards
  • Assess the potential impact of environmental factors on the company’s operations and supply chain
  • Develop strategies to mitigate environmental risks, such as implementing sustainable practices or investing in renewable energy.

Note: PESTLE Analysis is a framework for assessing the external factors that may affect a business. It is a useful tool for identifying potential risks and opportunities for a business.

PESTLE BUSINESS RISK PLAN

Risk Type Key Considerations Potential Impact Mitigation Strategies
Political risks Changes in government policies and regulations Disruptions to operations and supply chain Monitor political developments, develop contingency plans
Economic risks Economic indicators such as GDP growth, inflation, and interest rates Reduced revenue and profitability Monitor economic indicators, develop strategies to mitigate effects of economic fluctuations
Social risks Changes in consumer behavior and preferences Reduced demand for products and services Monitor social trends, develop strategies to adapt to changes in consumer demand
Technological risks Advances in technology that may disrupt business model Loss of competitiveness Monitor technological developments, invest in R&D to stay ahead of changes
Legal risks Changes in laws and regulations Increased compliance costs and legal liabilities Monitor legal developments, implement compliance programs and insurance
Environmental risks Changes in environmental regulations and standards Negative impact on operations and supply chain Monitor environmental developments, implement sustainable practices and invest in renewable energy.
PESTLE BUSINESS RISK PLAN

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Treat your enterprise risks better. Avoid reduce transfer or accept risks more holistically more cost effectively.

Improve your risk assessment process to manage risks to you enterprise

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Improve the whole business with proactive integrated holistic enterprise risk management ERM

A risk based approach can improve all business functions. Improving each function will grow your whole business faster. Stop your business management being driven by events. Take control of your own destiny. Get ahead of the game.

Engage your employees more productively. Reward better proactive risk management solution suggestions. Maybe your current way of managing risk is not the best way.

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Looking at the costs of failure of governance. Good governance can be expensive but not compare to the cost of governance failure.

 

The risk of enterprise failure increases with inadequate governance risk and compliance processes

There are many examples of the biggest firms in the world collapsing due to bad risk management practices. Good corporate governance risk and compliance systems build business resilience and can improve business performance.

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Managing Business Rules

There are several techniques that can be useful for managing business rules in an organisation. Here are some recommendations:

Documenting business rules: One of the most important techniques for managing business rules is to document them in a clear and concise manner. This can include using a variety of formats such as decision tables, flowcharts, and natural language descriptions.

Centralising business rules: To avoid inconsistencies and duplication of effort, it is advisable to centralise the management of business rules. This can be done using a dedicated software tool or a repository that stores the rules and makes them accessible to relevant stakeholders.

Version control: It is crucial to keep track of changes to business rules over time, especially when multiple stakeholders are involved. Version control techniques such as branching and merging can help in managing changes to business rules.

Testing and validation: Business rules should be tested and validated thoroughly to ensure their accuracy and effectiveness. This can be done using a variety of techniques such as unit testing, integration testing, and user acceptance testing.

Auditing and monitoring: Regular auditing and monitoring of business rules can help to identify any potential issues or areas for improvement. This can be done using automated tools or through manual reviews.

Governance and ownership: Establishing clear governance and ownership of business rules is essential to ensure that they are being managed effectively. This can include assigning ownership to specific individuals or teams and establishing processes for reviewing and approving changes to business rules.

By following these techniques, organisations can effectively manage their business rules and ensure that they are aligned with their business objectives and regulatory requirements.

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Managing uncertainty is a daily business dilemma. Business leaders have internal and external risk factors driving uncertainty in business. Often this uncertainty can lead to poorer business performance or even catastrophic business failure.

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Leaders can manage uncertainty in various ways. Some bury their head in sand. Others adopt a belts and braces approach to risk control incurring imbalanced costs to benefits.

We can not guarantee you greater business success. We can help inform your business decision making process. You will be more likely to make better business decisions.

When facing doubts or uncertainty many business leaders turn to their gut instinct. Rolling the dice may turn up the result you are aiming for. This may work for you. However better risk management information may enable you to choose a different path. Or it may over procrastination to drive forward growth with more confidence. Not making a decision can be as bad as instinctively shooting off blindly.

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BusinessRiskTV industry risk management forum enables members to contribute to BusinessRiskTV. Active members around the world contribute articles and videos to help grow their business faster with less uncertainty to help inform readers industry business risk management decision making.

  • Boost your sales more profitably
  • Increase your network of business contacts
  • Protect your business uncertainty negatively impacting on your business

If you want an innovative flexible way to grow your business faster and build business resilience join and contribute to industry risk management forum today.

Members of the BusinessRiskTV business risk management club collaborate to reduce corporate threats and increase business growth opportunities through

  1. business networking with key business decision makers locally and globally
  2. improved risk assessment via better business intelligence
  3. reduced cost of risk control via deals discounts and special offers

Build a more successful and sustainable business more easily with BusinessRiskTV Industry Risk Management Forum.

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Join the BusinessRiskTV Industry Risk Management Forum and receive FREE business risk alerts bulletins and latest business risk news to stay ahead of your competition.

The Forum is free to join. Then you choose whether you want to contribute to BusinessRiskTV to promote your own business and inform online readers. You pay an annual membership fee to regularly contribute to BusinessRiskTV and promote your business interests cost effectively.

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Key benefits of BusinessRiskTV Industry Risk Management Forum and reasons to join and contribute today

  1. Free to join. There is no cost to join the forum. Once you join you also have the option of contributing to BusinessRiskTV to better market promote and advertise your business. In addition you will have increased access to discussions workshops and executive training to better protect your business. You are in control of what to do next after you join the club for free.
  2. Free business intelligence to inform your decision making to build your business resilience. Forum members receive free news alerts and bulletins. Our risk watch service scans the horizon for emerging risks and analyses business risk trends. You can attend online discussions workshops and executive training sessions.
  3. Safe and secure. All payments are made through Paypal an independent third party online payment service which stops us receiving full details of your banking or payment details so you are protected by Paypals security systems.
  4. Build your online profile and connections to grow your business faster. BusinessRiskTV has an impressive online profile to connect you with local and global business risk management experts and new sales for your business.
Industry Risk Factors

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FAST GROWING LOCAL AND GLOBAL BUSINESS RISK MANAGEMENT CONNECTIONS

BusinessRiskTV has already built up an impressive bank of like minded business leaders and business risk management consultants for club members to tap into for business tips advice and support.

The BusinessRiskTV Industry Risk Management Forum is carefully expanding its reach to help business leaders to better protect and grow their own businesses and careers.

BusinessRiskTV Industry Risk Management Forum is NOT just a talking shop. It is a business growth hub to practically accelerate members revenue streams. It is business accelerator where everyone has the same interest in seeing the businesses build resilience regardless of economic environment.

Industry Risk Factors

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You are in control of your relationship with us

In addition to controlling your own business risks better you are in total control of how you use BusinessRiskTV and how much you want to contribute to it to increase your own business growth.

You are always in control of your subscription to BusinessRiskTV Industry Risk Management Forum. You can choose to remain on the free membership and still receive free business intelligence and risk knowledge. Or you can regularly contribute to the content and thus increase your own business profile and business growth.

We are in it for the long term and look forward to working with members for sustainable mutual benefit. If you want to stop your membership you can at any time. We are looking forward to you working with us to help your business grow faster.

Examples of business intelligence and business growth features on BusinessRiskTV

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Frequently Asked Questions FAQs

  • Is BusinessRiskTV Industry Risk Management Forum free to join and how does BusinessRiskTV make money? It is free to join now to receive free alerts bulletins and business risk news. If you want to contribute to BusinessRiskTV by becoming a Member you pay an annual fee. BusinessRiskTV also accepts donations to support free independent business risk management news broadcasting and business risk management research. In addition businesses pay us one off fees to promote market and advertise their business products and services.
  • Am I tied into the BusinessRiskTV Industry Risk Management Forum? It is free to join the forum. If you want to contribute to BusinessRiskTV there is a membership fee. You are free to leave the club at anytime. You will not be entitled to a refund of the annual membership fee but will not be tied to renew your membership.
  • How long does membership last? 12 months renewable annually.
  • I do not know anything about online business marketing and development? That is one of the great strengths about being in the Industry Risk Management Forum. You simply join now and then we will email you to find out what you need to do to grow your business faster. We will then go away and start your marketing and promotion campaign. We will design post and update your contributions to promote your business. Our team of enterprise risk experts and business risk advisers help protect and grow your business faster.
  • How fast will my business grow? It is impossible to say. It depends on how well we can work together to get the most from your existing business development tools and initiatives. The potential is there for massive gains but the value of your membership fee could be worthless if we fail to work well together. That is why our members should always diversify our marketing options to maximise the likelihood of increasing sales. We will guide you on the diversification options based on our discussions on what you offer and when. You are not putting all your business development eggs in one basket but the affordable membership fee expands the likelihood of your business growing faster.
  • How often can my business contribute to BusinessRiskTV? Contribution levels is based on hours it takes to produce and publish each contribution. You will be buying 56 hours of work to produce and publish your contributions each year.
  • Does my business need to contribute regularly to BusinessRiskTV? No. The more you contribute the more you promote your own business interests and increase the chances of faster business growth.
  • My business marketplace is not in UK so can I still join and contribute to BusinessRiskTV? YES! The Club is open to any business selling legal and morally acceptable products and services. Legal is legal but morally acceptable comes down to our own opinion as to what is morally acceptable. Areas include Europe USA Canada Latin America Australia and Asia Pacific.
  • Is paying my membership fee safe? Yes. Your membership fee will be paid via Paypal a global independent payment provider who have their own safe and secure payment systems. We will never see your full payment details as these are retained by Paypal who will transfer your membership fee to our Paypal account.
  • What is the annual membership fee? This will vary depending on how many members we have. As the number of members increase so will the annual membership fee so get in quick to keep your membership fee low!
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