Tag: Enterprise Risk Management ERM Systemic Approach To Business Decision Making

Enterprise Risk Management ERM Systemic Approach To Business Decision Making With BusinessRiskTV

Enterprise Risk Management (ERM) is a systemic approach to managing all of an organisation’s uncertainty in order to maximise shareholder value by optimising risk taking. Traditional risk management considers only hazard and operational risks that can affect an organisation. ERM looks at additional risks such as environmental, compliance, financial, and strategic.

ERM is a process that helps organisations identify, assess, and manage their risks. It is not just about avoiding risks; it is also about identifying and taking advantage of opportunities.

ERM can help your organisation in a number of ways, including:

Improving your decision-making: By understanding your risks, you can make better decisions about how to allocate your resources.

Reducing your costs: By identifying and managing your risks, you can avoid costly mistakes and disruptions.

Increasing your profits: By taking advantage of opportunities, you can increase your profits and grow your business.

The Benefits of ERM
There are many benefits to implementing ERM, including:

Improved decision-making: ERM can help you make better decisions by providing you with a more complete understanding of the risks your organisation faces.

Reduced costs: ERM can help you reduce costs by identifying and managing risks before they cause problems.

Increased profits: ERM can help you increase profits by identifying and taking advantage of opportunities.

Improved compliance: ERM can help you improve compliance with laws and regulations by identifying and managing risks associated with non-compliance.

Enhanced reputation: ERM can help you enhance your reputation by demonstrating that you are taking steps to manage your risks.

Improved stakeholder relations: ERM can help you improve stakeholder relations by providing them with information about the risks your organisation faces and how you are managing them.

The Challenges of ERM
There are also some challenges associated with implementing ERM, including:

Cost: ERM can be a costly process to implement and maintain.

Time: ERM can take time to implement and get up and running.

Culture: ERM can be a cultural change for some organisations, and it can take time for people to get used to it.

Resources: ERM requires resources, such as people, time, and money.

Expertise: ERM requires expertise in a variety of areas, such as risk management, finance, and compliance.

How to Implement ERM
There are a number of steps you can take to implement ERM, including:

Create a risk management framework: The first step is to create a risk management framework. This framework should identify the risks your organisation faces, assess the likelihood and impact of those risks, and develop strategies for managing those risks.

Assign responsibility for risk management: Once you have created a risk management framework, you need to assign responsibility for risk management within your organisation. This should include someone who is responsible for overseeing the risk management process and someone who is responsible for implementing the risk management strategies.

Implement risk management strategies: Once you have assigned responsibility for risk management, you need to implement the risk management strategies you have developed. This may include implementing controls, developing contingency plans, and purchasing insurance.

Monitor and review the risk management process: Once you have implemented the risk management strategies, you need to monitor and review the risk management process on an ongoing basis. This will help you ensure that the risk management process is effective and that the risks your organisation faces are being managed effectively.

ERM is a complex process, but it can be a valuable tool for managing your organisation’s risks. By taking the time to implement ERM, you can improve your decision-making, reduce your costs, increase your profits, and enhance your reputation.

Aligning Business with Stakeholders

Aligning Business Decisions with Stakeholder Expectations: A Path to Success

Maximising value by engaging stakeholders in business strategy

In today’s dynamic business landscape, organisations must understand and address the expectations of their stakeholders to foster long-term success. Stakeholders, including customers, employees, investors, and communities, hold diverse interests and exert significant influence on businesses. To thrive in this environment, companies must align their decision-making processes with stakeholder expectations. This article explores key strategies and best practices that enable businesses to navigate stakeholder relationships effectively and make informed decisions that drive mutual value creation.

Understanding Stakeholder Expectations Before aligning business decisions with stakeholder expectations, it is crucial to gain a deep understanding of who the stakeholders are and what they seek from the organisation. Stakeholders can vary greatly depending on the industry and context but often include customers, employees, suppliers, investors, regulators, and communities. Each stakeholder group possesses unique needs, interests, and concerns that influence their expectations.

To understand stakeholder expectations, businesses should engage in ongoing dialogue and collaboration, actively seeking feedback and input. Surveys, focus groups, and open forums can facilitate this process, providing valuable insights into stakeholders’ perspectives and priorities. Additionally, staying attuned to industry trends, market dynamics, and social issues allows organisations to anticipate evolving stakeholder expectations.

Establishing Clear Communication Channels Effective communication is the cornerstone of aligning business decisions with stakeholder expectations. Clear and transparent communication channels ensure that stakeholders are well-informed about organisational decisions, initiatives, and performance. Regularly updating stakeholders on key developments helps build trust, fosters engagement, and mitigates potential conflicts.

Companies should develop a comprehensive communication strategy that encompasses both internal and external stakeholders. Internal communication ensures that employees are aware of the organisation’s goals, values, and strategic direction, fostering a sense of ownership and alignment. External communication, on the other hand, involves sharing relevant information with customers, investors, suppliers, and the broader community to maintain transparency and manage expectations.

Prioritising Stakeholder Engagement Active engagement with stakeholders enables businesses to align their decisions with their interests. Organisations should identify key stakeholders and develop tailored engagement plans to involve them in decision-making processes. By incorporating diverse perspectives, organisations can make well-informed decisions that account for various stakeholder concerns.

Engagement methods can vary based on the stakeholder group and context. For example, customer advisory panels, employee town hall meetings, and investor conferences provide platforms for stakeholders to voice their opinions, share insights, and contribute to decision-making. Engaging stakeholders from the early stages of a project or initiative allows for collaborative problem-solving and the identification of win-win solutions.

Conducting Impact Assessments To align business decisions with stakeholder expectations, organisations must understand the potential impacts and consequences of their actions. Conducting impact assessments helps evaluate how decisions may affect different stakeholder groups and identify potential risks and opportunities.

Assessments can range from social and environmental impact assessments to economic and ethical analyses. For example, evaluating the environmental footprint of a new product launch or analysing the potential social implications of workforce restructuring can inform decision-making and help identify strategies to minimise negative impacts.

Integrating Sustainability and Corporate Social Responsibility Sustainability and corporate social responsibility (CSR) are vital considerations in aligning business decisions with stakeholder expectations. Increasingly, stakeholders expect companies to operate in an environmentally and socially responsible manner. Integrating sustainability and CSR principles into decision-making processes can enhance the organisation’s reputation, attract stakeholders, and drive long-term value creation.

Businesses should adopt sustainable practices throughout their operations, supply chains, and product/service offerings. This includes reducing carbon emissions, implementing ethical sourcing practices, promoting diversity and inclusion, and supporting local communities. By doing so, organisations can meet stakeholder expectations while contributing to a more sustainable and equitable future.

Creating a Culture of Accountability Aligning business decisions with stakeholder expectations requires fostering a culture of accountability within the organisation. This involves clearly defining roles, responsibilities, and performance expectations for employees at all levels. When individuals understand how their actions contribute to the organisation’s overall success and the impact on stakeholders, they are more likely to make decisions that align with stakeholder expectations.

Leaders play a crucial role in promoting accountability by setting a positive example and reinforcing ethical behavior. By recognising and rewarding employees who demonstrate alignment with stakeholder expectations, organizations can reinforce the importance of considering stakeholder interests in decision-making processes.

Monitoring and Measuring Performance To ensure ongoing alignment with stakeholder expectations, organisations must establish robust monitoring and measurement mechanisms. Regularly tracking and evaluating performance indicators allows businesses to gauge their progress in meeting stakeholder needs and identify areas for improvement.

Key performance indicators (KPIs) should be established to measure the organisation’s performance against stakeholder expectations. These can include customer satisfaction scores, employee engagement surveys, sustainability metrics, and financial performance indicators. By analyzing these KPIs, businesses can identify gaps, set targets, and take corrective actions when necessary.

Agility and Adaptability The business landscape is constantly evolving, and stakeholder expectations can change over time. Therefore, organisations must embrace agility and adaptability as core competencies. Being able to respond promptly and effectively to emerging trends and shifting stakeholder needs is essential for maintaining alignment.

Businesses should regularly review and reassess their strategies, goals, and decision-making processes to ensure continued relevance. Engaging with stakeholders and seeking feedback on an ongoing basis can help identify emerging expectations and facilitate timely adjustments.

Aligning business decisions with stakeholder expectations is a critical aspect of building sustainable and successful organisations. By understanding stakeholder needs, establishing clear communication channels, prioritising engagement, conducting impact assessments, integrating sustainability and CSR principles, fostering accountability, and monitoring performance, companies can make informed decisions that drive mutual value creation. Furthermore, embracing agility and adaptability allows organisations to navigate the ever-changing business landscape while maintaining stakeholder alignment.

Ultimately, businesses that prioritise stakeholder expectations as a central driver of decision-making are more likely to build strong relationships, enhance their reputation, and achieve long-term success. By proactively addressing stakeholder needs, organisations can create shared value, fostering a positive impact on society while driving their own growth and profitability.

Empowering Change Champions

How do you empower your change champions?

Change management tips advice and support from BusinessRiskTV

In today’s fast-paced business world, change is the only constant. To stay competitive, organisations must be able to adapt and evolve quickly. But implementing change can be challenging, particularly if employees are resistant to it. This is where change champions come in. Change champions are individuals who are enthusiastic about change and who can motivate others to embrace it. In this article, we will explore how you can empower your change champions to be successful. Read on …

Define the Role of Change Champions

Before you can empower your change champions, you need to define the role they will play. A change champion is someone who is responsible for driving change within the organisation. They are typically individuals who have a strong understanding of the benefits of the change and who can communicate those benefits to others. Change champions may also be responsible for training others on the new processes or technologies and for providing ongoing support to those who are struggling with the change.

It’s important to communicate the role of change champions clearly to everyone in the organisation. This will help to ensure that everyone understands the importance of the role and is aware of who the change champions are. It will also help to prevent confusion or misunderstandings about what the change champions are expected to do.

Select the Right People

The success of your change initiative will depend largely on the people you select as change champions. You need to choose individuals who are enthusiastic about the change and who have the skills and knowledge necessary to drive it forward.

When selecting change champions, consider the following:

Enthusiasm: Look for individuals who are excited about the change and who are passionate about making it happen.
Knowledge: Your change champions should have a strong understanding of the change and its benefits. They should also have a good understanding of the organisation and its culture.
Communication skills: Your change champions will need to be able to communicate the benefits of the change to others. Look for individuals who are effective communicators and who can tailor their message to different audiences.
Influence: Your change champions should be able to influence others and persuade them to embrace the change. Look for individuals who have a good track record of influencing others.

Provide Training and Support

Once you have selected your change champions, it’s important to provide them with the training and support they need to be successful. This may include training on the new processes or technologies, as well as training on how to be an effective change champion.

You may also want to provide your change champions with ongoing support, such as coaching or mentoring. This will help to ensure that they have the resources they need to be successful and that they are able to overcome any challenges they may face.

Give Them Autonomy

Change champions need to have a certain degree of autonomy in order to be effective. They need to be able to make decisions and take action without having to consult with others every step of the way.

Giving your change champions autonomy will help to ensure that they are able to move the change initiative forward quickly and effectively. It will also help to build their confidence and increase their sense of ownership over the change.

Recognise and Reward Them

Change champions are often working behind the scenes, and their contributions may not be immediately apparent to others in the organisation. It’s important to recognise and reward their efforts in order to keep them motivated and engaged.

Recognition and rewards don’t have to be big or expensive. They can be as simple as a thank-you note or a public acknowledgment of their efforts. The key is to make sure that your change champions know that their contributions are valued and appreciated.

Communicate Progress

Effective communication is critical to the success of any change initiative. It’s important to keep everyone in the organisation informed about the progress of the change initiative, and this includes your change champions.

Regular communication with your change champions will help them stay informed about the status of the initiative and what they can do to help move it forward. It will also help to build their sense of ownership over the change and keep them motivated and engaged.

When communicating progress to your change champions, be sure to provide regular updates on the status of the initiative, any challenges that have been encountered, and what is being done to overcome those challenges. You should also celebrate any successes or milestones that have been achieved along the way.

Encourage Collaboration

Change champions cannot do it alone. They need the support of others in the organisation to be successful. Encourage your change champions to collaborate with others and to build relationships with key stakeholders who can help to move the change initiative forward.

Collaboration can take many forms, such as working together on a project or sharing best practices and lessons learned. Encourage your change champions to be open to collaboration and to seek out opportunities to work with others.

Continuously Evaluate and Improve

Finally, it’s important to continuously evaluate and improve your change champion program. Regularly assess the effectiveness of your change champions and make adjustments as needed. This may include providing additional training or support, adjusting the roles and responsibilities of your change champions, or selecting new change champions if necessary.

Continuous evaluation and improvement will help to ensure that your change champion program is effective and that your change initiative is successful.

Change champions are critical to the success of any change initiative. By defining the role of change champions, selecting the right people, providing training and support, giving them autonomy, recognising and rewarding them, communicating progress, encouraging collaboration, and continuously evaluating and improving, you can empower your change champions to be successful and drive change within your organisation.

Business Risk Management Planning For 2023

What business leaders need to know when preparing to manage business risks effectively in 2023

Calculated Risk Taking In Business In 2023

As a risk management expert, I can confidently say that taking calculated risks in business is essential for survival and success in the year 2023 and beyond. In today’s fast-paced and constantly evolving business landscape, it is imperative that companies stay ahead of the curve and adapt to new challenges and opportunities as they arise. This often requires taking calculated risks, or carefully considered and planned actions that have the potential to bring about significant rewards.

There are several reasons why taking calculated risks in business is important for survival and success in 2023.

First and foremost, calculated risks can lead to innovation and growth. In a world where competition is fierce and the pace of change is rapid, businesses that are able to think outside the box and take calculated risks are often the ones that are able to stay ahead of the game. By embracing new ideas and approaches, and taking calculated risks to bring them to fruition, businesses can drive innovation and open up new growth opportunities.

Calculated risks can also help businesses stay relevant and competitive in their industry. In today’s rapidly changing market, it is essential that businesses stay up-to-date with the latest trends and technologies, and be willing to adapt and pivot as needed. By taking calculated risks and embracing change, businesses can stay ahead of the competition and maintain their relevance in the market.

Another reason why taking calculated risks is important for survival and success in business is that it can help companies overcome challenges and setbacks. While it is always important to minimize risk as much as possible, it is inevitable that businesses will face challenges and setbacks along the way. By taking calculated risks and being proactive in addressing these challenges, businesses can find creative solutions and bounce back from difficult situations.

Finally, taking calculated risks can help businesses achieve long-term success. While it is important to carefully consider the potential risks and rewards of any action, it is also important to take a long-term perspective and be willing to take calculated risks in order to achieve larger goals and aspirations. By taking calculated risks, businesses can create new opportunities for growth and success that would not have been possible otherwise.

In summary, taking calculated risks in business is essential for survival and success in 2023 and beyond. By embracing innovation and change, staying competitive and relevant, overcoming challenges and setbacks, and taking a long-term perspective, businesses can thrive by taking calculated risks and embracing new opportunities as they arise.

Top 10 business risks to manage in 2023:

Cybersecurity risks: With the increasing reliance on technology and the internet in business, it is essential to protect against cyber attacks and data breaches. This includes investing in robust cybersecurity measures and regularly training employees on how to identify and prevent cyber threats.
Economic risks: Economic instability and recession can have significant impacts on businesses, including reduced demand for products and services, supply chain disruptions, and financial difficulties. It is important for businesses to regularly assess and monitor economic conditions and have contingency plans in place to mitigate potential risks.
Regulatory risks: Changes in laws and regulations can have major impacts on businesses, including increased costs and compliance requirements. It is important for businesses to stay up-to-date on changes in regulations and ensure that they are in compliance to avoid potential penalties and fines.
Reputation risks: A company’s reputation is a valuable asset that can be easily damaged by negative events or negative perceptions. It is important for businesses to actively manage their reputation and address any issues or concerns promptly to prevent reputational damage.
Market risks: Changes in consumer preferences, competition, and market conditions can all pose risks to businesses. It is important to regularly assess and monitor market conditions and adapt strategies as needed to stay competitive and respond to changing conditions.
Financial risks: Financial risks can include things like unexpected expenses, cash flow issues, or difficulty securing funding. It is important for businesses to have strong financial management practices in place and to regularly assess and monitor their financial health to mitigate potential financial risks.
Talent risks: Attracting and retaining top talent is essential for business success. Talent risks can include difficulty finding qualified candidates, high employee turnover, or inadequate training and development. It is important for businesses to have strategies in place to attract and retain top talent, and to provide ongoing support and development for employees.
Supply chain risks: Disruptions in the supply chain can have major impacts on businesses, including delays, increased costs, and reduced quality. It is important for businesses to have contingency plans in place and to regularly assess and monitor their supply chain to mitigate potential risks.
Natural disasters: Natural disasters such as hurricanes, earthquakes, and wildfires can disrupt business operations and cause significant damage. It is important for businesses to have contingency plans in place and to regularly assess and update their disaster preparedness plans.
Political risks: Political instability or changes in government policies can have major impacts on businesses, including changes in regulations and trade agreements. It is important for businesses to stay up-to-date on political developments and have contingency plans in place to mitigate potential risks.

Risk Category	Risk Description
Cybersecurity risks	Protecting against cyber attacks and data breaches
Economic risks	Economic instability and recession
Regulatory risks	Changes in laws and regulations
Reputation risks	Managing and protecting company reputation
Market risks	Changes in consumer preferences, competition, and market conditions
Financial risks	Unexpected expenses, cash flow issues, and difficulty securing funding
Talent risks	Attracting and retaining top talent
Supply chain risks	Disruptions in the supply chain
Natural disasters	Natural disasters such as hurricanes, earthquakes, and wildfires
Political risks	Political instability or changes in government policies

Example of business risk management action plan for leaders for each 2023 business risk in table

Here is a business risk management action plan for leaders for each risk in the table above:

Cybersecurity risks:

Implement robust cybersecurity measures such as firewalls, antivirus software, and secure passwords
Regularly train employees on how to identify and prevent cyber threats
Develop a cybersecurity incident response plan

Economic risks:

Monitor economic conditions and trends regularly
Develop contingency plans to mitigate potential impacts of economic instability or recession
Consider diversifying business operations and sources of revenue

Regulatory risks:

Stay up-to-date on changes in laws and regulations that may impact the business
Ensure compliance with all relevant regulations
Develop contingency plans for potential changes in regulations

Reputation risks:

Monitor and manage company reputation through proactive communication and addressing any issues or concerns promptly
Implement a crisis management plan to address potential reputational risks
Foster a positive corporate culture and values

Market risks:

Monitor market conditions and trends regularly
Conduct market research to understand consumer preferences and competition
Develop strategies to adapt to changing market conditions

Financial risks:

Implement strong financial management practices, including budgeting, forecasting, and risk assessment
Monitor financial health regularly and take proactive measures to address potential financial risks
Develop contingency plans for unexpected expenses or cash flow issues

Talent risks:

Develop strategies to attract and retain top talent, including competitive compensation and benefits packages and ongoing training and development
Foster a positive company culture and work environment to reduce employee turnover
Implement a talent management plan to identify and address any talent risks

Supply chain risks:

Monitor and assess supply chain risks regularly
Develop contingency plans to mitigate potential supply chain disruptions
Consider diversifying sources of supplies and vendors

Natural disasters:

Develop a disaster preparedness plan and regularly assess and update it as needed
Implement measures to protect against potential damage from natural disasters, such as backup power sources and securing important documents and equipment
Train employees on disaster response protocols

Political risks:

Monitor political developments and changes in government policies that may impact the business
Develop contingency plans to mitigate potential political risks
Consider diversifying business operations and sources of revenue to mitigate potential impacts of political instability.

Why business leaders need to create their own business risk management action plan to manage these key business risks facing their business in 2023

Business leaders are faced with a multitude of risks in today’s rapidly changing business landscape, and it is essential that they have a plan in place to manage these risks effectively. A business risk management action plan is a strategic approach to identifying, assessing, and mitigating potential risks that may impact the business.

Creating a business risk management action plan is important for several reasons. First and foremost, it helps leaders anticipate and prepare for potential risks that may arise. By identifying and assessing potential risks, leaders can develop strategies to mitigate or eliminate these risks before they become a problem. This proactive approach can help prevent significant disruptions to business operations and protect the long-term viability of the company.

A business risk management action plan also helps leaders prioritise their risk management efforts and allocate resources accordingly. By understanding the potential impacts and likelihood of different risks, leaders can prioritize their efforts and allocate resources to the areas that will have the greatest impact on the business.

Another reason why business leaders need to create a business risk management action plan is that it helps to build resilience and adaptability within the organisation. By regularly reviewing and updating the action plan, leaders can ensure that the business is continuously adapting to changing circumstances and able to weather any potential storms that may arise.

Finally, a business risk management action plan helps to promote transparency and accountability within the organisation. By clearly outlining the steps that will be taken to mitigate risks, leaders can foster a culture of transparency and accountability, which is essential for building trust with stakeholders and customers.

In conclusion, business leaders need to create a business risk management action plan to effectively manage the key business risks facing their business in 2023 and beyond. This strategic approach helps to anticipate and prepare for potential risks, prioritize risk management efforts, build resilience and adaptability, and promote transparency and accountability within the organization. By taking a proactive and structured approach to risk management, business leaders can protect the long-term viability of their company and ensure its success in an uncertain and rapidly changing business landscape.

Who should be preparing a risk management action plan to manage business risks in 2023?

A risk management action plan should be prepared by business leaders and key decision-makers within the organisation. This typically includes the CEO, CFO, and other top executives who have the authority and responsibility to implement risk management strategies. In some cases, the board of directors may also be involved in the development and implementation of the risk management action plan.

In addition to senior leadership, it is also important for other key stakeholders within the organisation to be involved in the risk management process. This may include department heads, team leaders, and individual employees who have relevant knowledge and expertise. Engaging a diverse group of stakeholders in the risk management process can help to identify a wider range of potential risks and ensure that the risk management action plan is comprehensive and effective.

It is also important to involve external advisors and experts, such as risk management consultants or legal experts, in the development of the risk management action plan. These individuals can provide valuable insights and guidance on industry-specific risks and best practices for risk management.

Overall, the development of a risk management action plan should involve a collaborative effort across the organization, with input and involvement from senior leadership, key stakeholders, and external advisors. By bringing together a diverse group of individuals, businesses can create a comprehensive and effective risk management action plan that helps to mitigate potential risks and protect the long-term viability of the company.

How can you get help to prepare your business risk management plan and implement a more effective risk management strategy to boost your business resilience and performance?

Our network of enterprise risk management experts can help you. Email editor@businessrisktv.com for more information.

Subscribe to BusinessRiskTV for free

Subscribe click here

Click on subscribe button to subscribe for free via your preferred social media App; or subscribe for free to our business risk management newsletter by emailing editor@businessrisktv.com

What will the business world be like in 2023

What are the things business leaders need to know in 2023?

Pro Risk Managers exploring world of business risks and risk management solutions to survive 2023 and boost own business performance through and out of recession

Discover what you should really be worrying about in your business if you want to be really successful in business.

Explore new better ways of doing things in your business

Discover better ways to manage your business. Find out what you don’t yet know about your key business risks that threaten your business success in future or are obscuring new business opportunities for your business.

Get to know about what really matters for your increased business success, or even survival

Find out what you do not know about your business performance key risk indicators and key control indicators. Overcome poor business performance.

Reflect on past experiences of good and bad business risk management. Accept responsibility corporately and individually for business risk management performance.

360 feedback is critical to learning from your business mistakes and identifying business improvement actions. Involve key people inside and outside of your business to engage your whole workforce in the development of a new business risk management strategy to improve your business success in future. Work better together to take in-house the responsibility of improving your business. We can help mentor your new business risk management strategy, but ultimately success or failure is in your hands.

Learn from your mistakes and the mistakes of other business leaders

We learn from our mistakes. We learn more from failure than from our successes. They don’t always have to be our own mistakes. Sure, learn from your own mistakes but also learn from other business leader mistakes. To boost your business success also learn from the successes, skills and experiences of other business leaders.

How are decisions made in your business?
Do you involve everyone in the decision-making process to ensure you use every last drop of good and bad experiences to improve your business?
How do you leave no stone unturned in the pursuit of your business survival and prosperity?

Develop real life business knowledge and business intelligence to improve your business performance. Solve your real life problems in your business now with business solutions that will work better for your business.

You can do it!
You can afford it!
You can’t afford not to!

Discover why you can afford the changes you need to make to your business. Identify how you can afford business changes. Understand better why you need to change to improve your business.

Join us online to collaborate on mutual business growth through perhaps the most difficult time since the last world war.

join us now

Want free risk management news reviews and deals click here; or email editor@businessrisktv.com to subscribe for free risk management newsletter

What should you be worried about as business leader in 2023?

The things business leaders should be worried about if you want to really be successful in business

Here are some things business leaders should have in mind when deciding where to deploy finite money time and energy:

Market trends and competition: Keeping an eye on market trends and understanding the competitive landscape can help business leaders make informed decisions about the direction of their company.
Customer needs and satisfaction: Understanding and meeting the needs of customers is critical for any business. This can involve gathering feedback, analysing customer data, and continuously improving products and services to meet changing customer needs.
Financial performance and sustainability: Business leaders should be mindful of the financial health of their company and strive to achieve profitability and financial stability. This may involve setting financial goals, monitoring financial metrics, and making strategic financial decisions.
Employee satisfaction and retention: Happy and engaged employees can drive business success, so it is important for business leaders to prioritise employee well-being and create a positive work culture. This can involve offering competitive benefits, promoting professional development, and fostering a positive engaging work environment.
Legal and regulatory compliance: Businesses must operate within the bounds of the law and adhere to any relevant regulations. This can involve ensuring that business practices and processes are compliant with laws and regulations, and staying up to date on any changes to legal or regulatory requirements.
Innovation and growth: Business leaders should be proactive in seeking out opportunities for growth and innovation. This can involve developing new products or services, entering new markets, and finding ways to differentiate the business from competitors.

More ways to protect and grow your business faster

BusinessRiskTV Business Risk Management Club Membership

Enterprise Risk Management Magazine BusinessRiskTV ERM Magazine

Business Experts Hub BusinessRiskTV Pool Of Business Risk Experts

What will be business world be like in 2023

Global Economic Tsunami

Protect your business better with BusinessRiskTV

Economic Forecast 2024

Risk Management for Business Leaders in the Face of Lower Economic Growth and a Softening Jobs Market in the USA, EU, and UK in 2024

Keith Lewis 6 November 2023

The global economy is facing a number of headwinds in 2023, including the ongoing wars in Ukraine and Gaza, high inflation, and rising interest rates. These factors are expected to lead to lower economic growth and a softening jobs market in the United States, European Union, and United Kingdom in 2024.

Business leaders need to be prepared for these challenges and take steps to mitigate the risks to their businesses. In this article, we will provide an overview of the economic outlook for 2024 and offer advice on risk management for business leaders.

Economic Outlook for 2024

The International Monetary Fund (IMF) (before taking into account war in Gaza) has forecast that global economic growth will slow to 3.2% in 2024, down from 3.6% in 2023. This is the slowest pace of growth since the global financial crisis in 2009.

The IMF expects the US economy to grow by 1.7% in 2024, down from 2.3% in 2023. The EU economy is expected to grow by 1.9% in 2024, down from 2.6% in 2023. The UK economy is expected to grow by 1.0% in 2024, down from 2.2% in 2023.

The slowdown in economic growth is expected to lead to a softening of the jobs market. The IMF expects the unemployment rate in the US to rise to 4.0% in 2024, up from 3.7% in 2023. The unemployment rate in the EU is expected to rise to 7.0% in 2024, up from 6.7% in 2023. The unemployment rate in the UK is expected to rise to 4.5% in 2024, up from 4.2% in 2023.

Risk Management Advice for Business Leaders

In light of the economic outlook, business leaders need to be prepared for the following risks:

Lower demand for goods and services: As economic growth slows, consumers and businesses are likely to spend less. This could lead to lower sales and profits for businesses.
Softening jobs market: As the unemployment rate rises,businesses may have difficulty finding and retaining qualified workers. This could lead to higher labour costs and disruptions to operations.
Rising interest rates: Central banks are raising interest rates in an effort to combat inflation. This could make it more expensive for businesses to borrow money and invest in growth.
Supply chain disruptions: The ongoing war in Ukraine (and new war in Gaza) and other factors have caused disruptions to global supply chains. This could make it difficult for businesses to obtain the materials and components they need to produce their goods and services.

Business leaders can take a number of steps to mitigate these risks, including:

Diversify their customer base and product mix: This will help to reduce their reliance on any one customer or product line.
Invest in technology and automation: This can help to improve efficiency and productivity, and reduce labor costs.
Lock in long-term contracts with suppliers: This can help to mitigate the risk of supply chain disruptions and price increases.
Build up their cash reserves: This will give them a financial cushion to weather any downturns in the economy.

In addition to these general risk management measures, business leaders should also consider the specific risks that are relevant to their industry and sector. For example, businesses in the retail and hospitality sectors may be more vulnerable to lower consumer spending. Businesses in the manufacturing sector may be more vulnerable to supply chain disruptions.

By taking the necessary steps to manage risks, business leaders can increase their chances of success in 2024 and beyond.

Specific Risk Management Strategies for Different Industries

In addition to the general risk management measures outlined above, there are some specific strategies that business leaders in different industries can take to mitigate the risks of lower economic growth and a softening jobs market in 2024.

Retail: Retail businesses can focus on increasing sales through online channels, offering discounts and promotions, and improving customer service. They can also reduce costs by streamlining their operations and negotiating better deals with suppliers.

Hospitality: Hospitality businesses can focus on attracting and retaining tourists, offering special packages and promotions, and improving the customer experience. They can also reduce costs by streamlining their operations and negotiating better deals with suppliers.

Manufacturing: Manufacturing businesses can focus on increasing productivity, reducing costs, and diversifying their product mix. They can also mitigate supply chain risks by building

Will you be unscathed from, or even benefit from, global financial tsunami?

A global economic tsunami is breaking. The impact will increase substantial in 2023. This global economic tsunami was triggered in spring of 2020. An economic atomic bomb was set-off deliberately, accidentally or carelessly by central banks and national governments around the world to protect businesses from Covid pandemic. The medicine has proven to be worse than the illness. Perhaps if the medicine was moderated the global financial tsunami we are just starting to suffer from would not have been created. Instead the world become addicted and then seemingly oblivious to the impeding danger of uncontrolled money printing and quantitative easing QE and cheap money swamping the global economy.

How likely is a global economic collapse?

The best we can hope for is a long deep depression not short shallow recession. If we are lucky we will avoid global economic collapse. However, it is probably 60:40 that a global economic collapse will happen. We are in a bad place from which we can recover at present, but poor decision-making from here will turn a bad situation into a global economic collapse.

How did we get here?

Central banks slashed interest rates to near zero and even negative in some countries and printed fake money out of thin air professionally called QE. Once the sluice gates were opened and cheap to free money was splashed everywhere, inflation was inevitable – too much money and too little supply after supply chains were cut or severely restricted. Our central bankers and politicians tried to convince us printing more money in two years than has ever been printed ever before was creating just transitory inflation spikes. However, the runaway money printing has created difficult to control embedded inflation caused largely by business leaders profiteering. Business profits in 2021 2022 are off the scale and now employees want their share to compensate for loss of income in real terms against inflation and we are facing a winter of discontent at best in some countries, and in others, riots in the streets.
The next phase following increased business profits and resentful employees wanting higher pay will morph into business cuts and increased layoffs including rising unemployment and higher business closures.
The global economic tsunami is hitting some shores already. In Cryptoland we have seen the collapse of the second biggest crypto exchange or marketplace in the world. In the Bankingland firms like Credit Suisse could yet collapse. In the global financial tsunami in 2008 Lehmann Bros bank collapsed and was a high-profile casualty of the financial sector self-induced global financial crisis. Credit Suisse is a much bigger bank than Lehmann Bros bank. The collapse of Credit Suisse would induce global economic collapse. In the 2008 global financial tsunami, banks like Royal Bank Of Scotland RBS were considered too big to fail and became UK government owned (something like 87% owned). Slowly RBS is being sold off by the UK government but some 14 years later RBS has still not recovered. In fact, it kinda never recovered as it has been rebranded as Natwest bank. The RBS bank brand “too big to fail” washed away in the global financial crisis of 2008. Which big financial sector brands will be washed away by the global financial tsunami 2022?
Retail investors, the little people, are like the people you see in real tsunami videos. They have been running about, bemused by the water initially disappearing from the beach or port. Retail investors have bought assets in 2021 2022 thinking that this is a buying opportunity that could setup up their investment for life. In fact, 2023 will be the buying opportunity of a life for investing in your future after the tsunami has wiped out money zombie companies unable to access cheap money any more. The remaining businesses will be on offer at sale prices. Retail investors have been or are about to be wiped out. S&P500 companies will make very little profit in 2023, if any, and their capitalisation will fall still further than a bad 2022 has hit share values. Institutional investors will hoover up cheap stocks and benefit in 2025 when shares will skyrocket once again, but many retail investors will have drowned in the global financial tsunami.
Propertyland will be a slower burn, or partial drowning, in that some parts of world will go under into negative territory whilst other parts of the world will tread water for a year or two before recovering. Property prices are falling in some parts of the world. Some parts will experience a property price correction, but others will suffer property price collapse.
Manufacturingland and Retailland are further inshore from the beach. When the global financial tsunami breaks in 2023 many businesses will simply be washed away never to recover. Others will rebuild and prosper with less competition to eat into profit.

Some politicians in the likes of USA try to tell you that inflation is no biggy! That should really be interpreted as the tsunami wave to hit in 2023 is no longer 100 feet high – it’s only 90 feet high! Will such a drop protect your business?

In fact, whilst official inflation figures may well drop slightly in 2023, some inflation like food inflation is unlikely to fall and could even increase as the effects of things like war in Ukraine, less fertilisation of the soil due to cost of fertilsers and policymakers restricting farmers from farming for climate protection reasons feed into the food supply chain in 2023.

How do we dig ourselves out of this hole we dug for ourselves or how does your business stop itself from falling into the hole with everyone else?

Relief from inflation will not happen until 2024 – if ever. It is unlikely that we will ever undershoot central bank interest rate targets of 2 percent ever again, or at least for decades.

You will need to set your business strategy to navigate a more difficult year in 2023 than 2022 was. Certain things outside of your control could dramatically make life easier in 2023 than can be realistically anticipated just now. Russia and Ukraine could agree a peace deal in 2023 for example. Santa is unlikely to bring this before the end of 2022 and there is little sign that 2023 will bring peace to these countries or the rest of the world. Even if the fighting was to stop now, the global economic pain will continue throughout 2023.

What is within your control to manage the risks to your business in 2023?

Get help to identify assess and manage your business risks in 2023 and beyond. Email editor@businessrisktv.com for more information or follow us via your favourite social media account click here.

Global Economic Tsunami

Importance of decision making in business

Keys to better decision making with BusinessRiskTV

How can we make faster and better business decisions?

Use our business risk management tools and techniques to inform your business decision making.

follow businessrisktv

How to improve decision-making in business

Access unbiased independent business risk information in your business risk management process.
Identify assess and understand your best business opportunities and threats to your business assets.
Prioritise your limited resources of time and money to focus your business energy on those issues most likely to bring you success in business.
Waste less time on trivial, low-risk or unimportant things related to your business objectives.
Gain risk insight knowledge and business intelligence to improve your business decision-making.
Make better decisions and act on what do you have decided upon quickly.

Make sure that decision-makers are accountable for their risk analysis, decisions and actions. overcome your false risk perceptions with better risk analysis and learn to stop analysis paralysis holding your business back.

Importance of decision making in business

How can leaders improve decision-making

How to improve decision-making in an organisation with BusinessRiskTV

How to improve decision-making in business

Successful business leaders:

Identify the internal and external risk factors driving the key risks impacting negatively and positively on your business objectives.
Evaluate options with best perception of risks and establish prioritisation of limited business resources where best outcomes can be anticipated.
Navigate risks and uncertainty proactively.

Formalise your decision-making process so you can monitor your good and bad decisions to learn lessons you can act upon to improve your business performance through better business decisions.

Guide your business through the coming uncertainties of your business environment

Create a better more certain future today with help from free subscription to BusinessRiskTV.

Follow businessrisktv

Your strategic operational and project decisions will create or destroy your future success in business

Cost effective decision-making in dynamic business environment requires business leaders to understand key business risks. Rethink what will be critical to your success in business.

The fast-paced complex nature of the business world means business leaders must have confidence in their decision-making processes and practices to ensure they make the best decision possible at the right time. Often the right decision is required sooner than later.

Decision-making can be worked on to improve your risk management skills. You need to know how your leadership decisions will impact on your business, preferably before you implement your decision.

BusinessRiskTV can help know more before you act.

How can leaders improve decision-making

Embracing uncertainty in business

Overcoming the difficulties of managing uncertainty with BusinessRiskTV

How can a business grow in uncertain times

Can you shape your business destiny:

Is your business prepared for any change in business climate?
Do you have a business plan recognising opportunities to grow through any crisis of fortune?
What is your strategy for growing through uncertain times?

Subscribe to business risk alerts, news, analysis, review and solutions.

Follow businessrisktv

Work on the best strategy for your business in these highly uncertain times

Get help to grow in a business environment which is hard to predict, but through which you need to navigate.

Decision making under uncertainty

Procrastination or failing to take risks can be as damaging as taking calculated risks to achieve business objectives. The uncertainty in business environment is not going to go away. Waiting for the right time may mean you wait forever and it still works out badly for your business.

A recession, even a depression, can be a good tome to beat your competition through business growth

A global recession is coming. It may even turn into years of depression. You may need to rethink your business during the uncertainty that comes during the bad months, perhaps years, ahead.

Work with us to learn how to succeed in uncertain times

We connect with business leaders to manage the risks during heightened uncertainty. The threats to your business have rarely been greater. However, the riskiest business environments create the best tomes for faster business growth.

Follow businessrisktv

Embracing Risk in Business: Overcoming Failure and Breaking the Status Quo Trap

If you want success in business you have to take risks and know that if you made bad decisions Plan B, C or D will enable you to recover and still move forward.

In the dynamic world of business, success often hinges on the ability to take risks and make informed decisions. Entrepreneurs and business leaders know that to achieve significant growth, they must step out of their comfort zones and embrace uncertainty. This article explores the importance of risk-taking in business and how it can lead to success. Additionally, we will discuss the strategies to overcome failure, the perils of the status quo trap in decision-making, and the impact of risk on the decision-making process.

Why is risk important in business?
1.1. Driving Innovation and Growth
1.2. Seizing Opportunities in a Competitive Market
1.3. Navigating Uncertainty and Adapting to Change
1.4. Attracting Investors and Stakeholders
1.5. Learning and Personal Growth
How do you overcome business failure?
2.1. Accepting Failure as a Learning Opportunity
2.2. Analysing and Understanding the Root Causes of Failure
2.3. Reevaluating and Adjusting Strategies
2.4. Cultivating Resilience and Perseverance
2.5. Seeking Mentorship and Learning from Others’ Experiences
2.6. Leveraging Failure for Future Success
The Status Quo Trap in Decision-Making
3.1. Defining the Status Quo Trap
3.2. Recognizing the Dangers of Complacency
3.3. Assessing the Cost of Inaction
3.4. Overcoming the Status Quo Trap
3.5. Encouraging a Culture of Innovation and Change
How Does Risk Affect Decision-Making?
4.1. Rational vs. Irrational Decision-Making
4.2. Understanding Risk Appetite and Tolerance
4.3. Weighing Potential Gains and Losses
4.4. Mitigating Risks through Analysis and Planning
4.5. Balancing Risk and Reward
4.6. Incorporating Risk Management Strategies

To achieve success in business, it is imperative to recognise the significance of risk-taking and the role it plays in driving growth, innovation, and adaptability. Overcoming failure requires resilience, a willingness to learn from mistakes, and a commitment to constantly improve. Moreover, breaking free from the status quo trap empowers decision-makers to challenge conventional thinking and embrace change. By understanding the interplay between risk and decision-making, entrepreneurs can make informed choices that lead to positive outcomes and propel their businesses forward.

Remember, success in business isn’t about avoiding risks altogether but rather about managing and mitigating them effectively. Embrace the unknown, learn from failures, and dare to challenge the status quo — for it is through these actions that true success can be achieved.

Promoting your business

Reach influencers key decision makers and the business leaders who will buy from your business

Risk Based Approach To Business Success

Manage your business better with more confidence

Risk based approach in business management. The benefits of risk-based approach include a better understanding of what is really important for your business success. Assess and manage your business risks better.

Identify the key risks for your business to ensure you know what you need to focus your mind and money on.
Take action to maximise your ability to maintain and boost your business performance.
Monitor your progress towards your business objectives in a systematic way to minimise gaps and protect against changing risk exposure.
Make best use of your limited assets and resources to avoid wasted money and effort.
Develop a flexible business management strategy to better manage the dynamic world of business.

Think more systematically about your business development.

How do you use risk based approach in business

Find out more about free business risk management newsletters and Risk Alerts for your country and industry. Engage with like-minded business leaders to grow your business faster with less uncertainty. Develop your business risk management skills and knowledge with online risk management training courses and workshops.

Subscribe to businessrisktv for free risk alerts and Risk newsletters

Risk-Based Approach To Business Success

You don’t need to know all the answers you just need to know where to get all the answers

BusinessRiskTV Business Experts Hub

Business questions and answers

Question Answer Online Service. If you do not know the answer, we know someone who does! Get connected to the best people who can help you in your industry or country.

What are the most important questions a business should answer?

Follow businessrisktv

Finding answers to your questions

Business Experts Hub

Our business experts and business leaders on our experts hub have the answers to your questions. Avoid the pain of making your own mistakes in business. Instead learn the lessons from other peoples mistakes and experiences in business.

It’s okay is you don’t have all the answers

Use risk management experts to help you make right choices

You can’t be expected to know everything you need to know in business. Knowing what you don’t know is the first key step in finding the best best solutions for your business problems.

How to find the answers to your key business risk management questions

Subscribe to BusinessRiskTV to register for BusinessRiskTV free alerts to upcoming news reviews and online risk management workshops.

Email editor@businessrisktv.com

Overcoming Choice Paralysis with BusinessRiskTV Business Experts Hub

Choice paralysis is a consequence of too many choices. Every business leader gets the rewards or penalties they have earned from the choices they make in their business.

There are disadvantages of having too many choices. It is impossible for every choice in front of you to maximise the return in your investment of time and money. We help you to increase the likelihood of success deriving from your business decisions and maximise the size of the benefits coming from your business decisions.

Paralysis can be a consequence of having too many choices
BusinessRiskTV

The benefits of too many choices are that you have before you an amazing opportunity to grow your business faster. We help you to pick the best opportunities and make the best opportunities deliver the best results for your business.

Learn how to deal with choice overload in business

Find ways to grow faster and protect your business better

Contact businessrisktv now to start To make better busineSs choices today

You don’t need to know all the answers you just need to know where to get all the answers

Taking No Risk Is The Biggest Risk To Your Business

Are you looking to boost your business performance

If your business risk management strategy is to not take risks it is likely that your business will die quickly or slowly, but fail it will. The consequences of not taking risks in business is that your risk control costs will make your business uncompetitive in your marketplace, or you will miss business opportunities to grow faster. The risk of doing nothing is an inevitable death of your business. Intelligently taking more risk can mitigate the risks not working out and boost the return on your investment of time and money in your business. Take a business risk with more confidence with BusinessRiskTV.

Supporting Entrepreneurs and Intrapreneurs

The biggest risk is taking no risk at all

Business leaders have to take risks to survive and prosper in their chosen marketplace. This does not mean business leaders should be reckless. It just means they need to be mindful of the key business risks that do impact on the objectives of the business.

Failing to plan does mean you are planning to fail. However even the best laid business plan can fail when exposed to the vagaries of the business marketplace. Your business risk management plan needs to be flexible and it needs regular reviewing to ensure it is working efficiently.

Business Coaching Services

The best risks to take are the ones you can direct into your favour. Luck will always play its part in risk taking, but you can take risk with confidence if you have the right risk management process embedded in your business decision-making.

Why taking no risk is the biggest risk

The world of business is changing at an ever faster rate. Children born today will do jobs that have not even been invented yet.

It is often said that me learn more from our mistakes than from our successes. Not taking risks may mean you make fewer mistakes, but you may also miss the opportunities to grow faster from ways you could not have envisaged prior to taking a risk. Taking a known risk, even if you don’t know all the possible outcomes, can teach you something that can drive your business forward faster. Without business risk there is no innovation in business. Being good at taking risks means you can optimise your business performance.

Upgrade Your Business Today

Subscribe to businessrisktv for free

Enter code #RiskManagement

Taking No Risk Is The Biggest Risk To Your Business

The Risk Expert BusinessRiskTV Business Risk Experts

Risk management news analysis and review with BusinessRiskTV business risk experts

BusinessRiskTV The Risk Expert service to protect and grow your business faster with less uncertainty. Pick the best risk expert for your country or industry to solve your business problems faster and better.

Ask an expert for the answer to frequently asked questions.
Work with risk experts to boost your business income.
Overcome key threats to your business plans more easily and more cost effectively.

Understand your key business risks. Improve your business performance. Sleep more easily knowing you have reduced uncertainty impacting on your business.

Subscribe for free alerts and updates on latest risk management tips News and reviews

Subscribe to businessrisktv for free

Enter code #TheRiskExpert

Enterprise Risk Management Magazine

BusinessRiskTV Enterprise Risk Management ERM Magazine

Read enterprise risk management articles to help inform your business decision-making. Keep up to date with latest business risk management news and reviews.

Risk Reviews By Country and Industry

Exploring Industry Risk Factors Including Emerging and Developing Risk Analysis and Risk Management

Discover what’s new in your industry with BusinessRiskTV articles, webinars and workshops.

Sell Internationally Online With BusinessRiskTV

Sell more in your own country or discover new business development opportunities in other countries on BusinessRiskTV.

The Risk Expert Live

Business Threats and Opportunities Live

Engage with risk experts to solve your business problems.

Business Risk Management Training

Risk Management eLearning and mLearning

Business Networking Online

Get connected on BusinessRiskTV.com

Connect with business leaders locally and globally online.

The Risk Expert BusinessRiskTV Business Risk Experts

Business Survival Tips Advice and Support With BusinessRiskTV

How do you ensure your survival in business

How do you survive and prosper in business?

Discover new ways to implement your business ideas and innovations. Identify and manage better the key problems facing your business.

Follow businessrisktv

Business Survival Strategies and Tactics

Connect with key business leaders and business management experts to find the secrets to solving your business problems. Find out how to help your business survive current and future business risks. Be more confident about your ability to survive any risk event.

How do you ensure business survival

Improve your business risk management plan with help from BusinessRiskTV risk management experts.

Protect your business assets better. Use your available business resources more efficiently to make your money go further.

Top Business Survival Tips

What are secrets in business?

Develop your business risk management knowledge and skills to more easily achieve your business objectives with BusinessRiskTV.

Prevent your business succumbing to known and unknown business threats.
Review your business costs to develop more business resilience.
Develop contingency plan to continue regardless of risk events.

Standing still May threaten your business survival. You therefore need to identify cost effective ways to grow your business faster.

Survival Strategies In Marketing

Reach out to new customers online today tomorrow and more sustainably with more affordable business marketing and advertising strategies.

Subscribe to BusinessRiskTV for free to receive alerts on latest business risk analysis and ways to manage risks better

Subscribe to businessrisktv for free today

Find new ways to survive and prosper with BusinessRiskTV

Business Survival Tips Advice and Support With BusinessRiskTV

The greatest risk is not taking one

You do not need to leap into the dark

Taking Risks To Achieve More In Business With BusinessRiskTV

Supporting More Informed Decision-Making

Do not manage your business from the stand point of fear of business risks. Overcoming fear in business starts with improving your ability to inform your decision-making. With less risk information you have more uncertainty. Increased uncertainty increases negative impact on your business objectives.

Success normally comes from taking controlled risks not hunkering down, crossing fingers or hoping it will work out for you

Guide To Business Enterprise Risk Management ERM

Risk Appetite and Risk Tolerance

Even if you do not seek business risks, they will find you! Risk taking is part and parcel of the job description of business leaders. Most business leaders seek greater rewards from their business. Greater rewards normally come from taking on more risk. Taking on more risk does not automatically mean you need to take on a higher level of risk. If you control the risks you take on the net level of risk can remain the same, but the rewards can be greater.

See The Road Ahead More Clearly With BusinessRiskTV

Learn how to improve your business decision-making capability to boost your business performance

Increase the chance of success in business by improving the quality quantity and speed of your decisions. Improve your decisions by improving the risk information at your disposal and the risk management tools and techniques you use to help you make decisions.

Contact us for more information on upcoming online workshops Webinars and networking opportunities to help you understand and manage risks better

Taking More Business Roisk More Confidently More Profiably

Risk Management Corporate Governance and Regulatory Compliance GRC Insight

Importance Of Risk Taking In Entrepreneurship

Importance Of Risk Taking In Business

Risk Management Online

Grow Faster With Less Uncertainty With Risk Management Online News Opinions Reviews and Risk Analysis

How to make better more informed business decisions with BusinessRiskTV

The greatest risk is not taking one

Risk Management Decision Making

Manage your business risks more proactively

Inform your options in business decision-making. Explore your perception of real risks to your business. Concentrate your resources on best business opportunities.

Identify the sources of threats to your business objectives
Use tools and processes to assess the risks to your business
Manage strategic operational and project risks better

Define what the significant risks to your business objectives are. Risk management can help you take sound business decisions to build your business resilience to grow your business faster with less uncertainty. Manage the risks that could present a barrier to your business survival or continued business growth. Evaluate the adequacy of your business risk management plan and risk management process.

Taking Risks To Achieve More In Business With BusinessRiskTV

Minimise the key threats better and seize best business opportunities more easily with greater returns.

Celebrate Your Online Business Growth With Pro Risk Manager

Strategic Decision Making For Business

How to make better strategic decisions for your business if you are business leader

Maximise Your Business Success: Proven Strategies for Better Strategic Decision-Making for Business Leader

Making better strategic decisions for your business can be challenging, but it is essential for its success. Business leaders play a crucial role in creating and executing strategies that drive growth, competitiveness, and profitability. Here are a few tips to help you make better strategic decisions for your business:

Start with a clear vision: Having a clear vision of where your business is headed is critical. It helps you set your priorities and make decisions that align with your goals. Make sure your vision is realistic, achievable, and inspiring.
Gather data and insights: Gather data on your market, customers, competitors, and your own performance to inform your decision-making. Use tools like market research, customer surveys, and data analytics to get insights into the trends and patterns affecting your business.
Consider multiple options: Don’t limit yourself to a single strategy. Instead, consider multiple options and weigh their pros and cons. Encourage your team to bring new ideas to the table and consider them seriously.
Seek feedback from key stakeholders: Before finalizing a decision, seek feedback from key stakeholders, including employees, customers, partners, and suppliers. Their input can help you make informed decisions that take into account the perspectives of those who are affected by them.
Create contingency plans: Anticipate potential risks and prepare contingency plans to minimize their impact. This helps you mitigate risks and be prepared for any eventualities that may arise.
Stay flexible: The business environment is constantly changing, so be prepared to adjust your strategy if necessary. Stay open-minded, monitor the situation closely, and be ready to pivot when circumstances require it.
Communicate effectively: Effective communication is critical to the success of any strategy. Ensure that everyone understands the strategy and their role in executing it. Regularly communicate progress, changes, and updates to keep everyone informed and engaged.

In conclusion, making better strategic decisions for your business requires a combination of vision, data, collaboration, contingency planning, flexibility, and effective communication. As a business leader, it’s up to you to set the tone and lead by example in making informed, strategic decisions that drive your business forward.

Maximise Your Business Success: Proven Strategies for Better Strategic Decision-Making for Business Leader

Subscribe to BusinessRiskTV for free

Get your businessrisktv news today

This Will Fundamentally Change The Way You Look At Risk

Stop looking to reduce risk and instead make your business plans under a risk-based approach to business decision making with BusinessRiskTV

How can business leaders change business performance with a more risk based approach to business management?

Are you interested in boosting your business performance? Do you use online resources to improve your knowledge of business risks impacting on your business objectives? Do you want to make your business more profitable?

Follow businessrisktv

Do you want us to help your business grow faster

Look at risk as a positive for your business. Manage the threats better. Seize new business development opportunities quicker and enhance the benefits arising from risk taking.

Around BusinessRiskTV

Risk Profile v Risk Appetite – Risk tolerance vs risk appetite is important to understand. If you do not know what your risk profile is you cannot manage your business risks better. Could you increase your appetite for risk to achieve more business success? What is your risk tolerance?
How To Grow Business Faster Business Tips – Grow business faster with BusinessRiskTV. Use practical business growth tips. Thing how do I grow my business fast? Need how to grow business tips. Use latest business tips and marketing tools. Our business growth experts work with our Online Selling Partners providing tips for business growth. Learn how to grow your business fast with BusinessRiskTV. Pick up tips on how to grow business faster. Connect with our business growth experts and partners. Save money and time to become more profitable and other latest business tips from BusinessRiskTV.
iso 31010 Risk Management and Risk Assessment Techniques Guidance – Do you know where to focus our resources to protect and grow your business? iso 31010 risk assessment tools and techniques can help you identify assess and control critical risks to your business. Understand your business risks better with iso 31010 risk assessment awareness. Mitigating Threats Maximising Returns From Business Opportunities
Understanding and Managing Risk Better – A better way to manage business enterprise risk. Risk management courses distance learning. Develop better business risk management plan. Discover best enterprise risk management online training courses for your needs. Risk management courses UK and overseas. Join like minded senior managers executives and risk management practitioners. Learn how to manage business enterprise risk management risks better. Save money and time with BusinessRiskTV. Search for tips on developing your improved business risk management plan.

Get In Touch

Are you interested in growing your business faster? Do you use the internet to attract new customers. Do you want to sell more online? Do you want us to help your business grow faster online?

Submit a question. Share your views and experiences. Please include a contact number if you are willing to speak to us. You can get in touch in the following ways:

Whats App Click Here
Tweet @HolisticRiskMgt and @ERMuk
Email editor@businessrisktv.com
Instagram BusinessRiskTV
Pinterest BusinessRiskTV
YouTube BusinessRiskTV

Enterprise Risk Management ERM Video Consultations Online

Grow your business with less uncertainty impacting on your business objectives with BusinessRiskTV.com

BusinessRiskTV Enterprise Risk Management Consulting. Quickly easily find the solutions to managing enterprise risks better. Connect online with top enterprise risk management experts to overcome business challenges. Improve your approach to business decision making process.

Improve your risk management knowledge and business intelligence
BusinessRiskTV

Connect with top business thought leaders locally and globally to protect your business better and grow faster.

Enter code #EnterpriseRiskManagementConsultingFirms

Find out more about enterprise risk management ERM video consultation online with BusinessRiskTV

Complete and submit the form below and enter code #ERMonlineconsulting.

Enterprise Risk Management Consulting and Training

What are risk experts saying about the threats and opportunities in business now or on the horizon.

Keep up to date with latest enterprise risk management news opinions and reviews.

Enterprise Risk Management Expert Mentors

Enterprise Risk Management ERM Consulting and Training — Overcome business problems more easily with BusinessRiskTV.com

Enterprise Risk Management Virtual Classroom Training and Online Virtual Events

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.

Cheap ways to promote your business — Find out how to promote your business locally and globally. **CLICK HERE** for more information on business marketing. .

Link into your existing sales process directly from BusinessRiskTV or use our eCommerce solutions to increase your sales cash flow and profit

Increase the sources of your revenue streams with more sustainability. Grow your business faster with BusinessRiskTV.

Marketplaces	Exhibitions
Cost Reduction	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #EnterpriseRiskManagement #RiskManagement #ERM #ERMonline #ERMtraining #ERMconsulting #EnterpriseRiskConsulting #EnterpriseRiskManagementConsulting

Enterprise Risk Management ERM Video Consultations Online

ERM training courses with BusinessRiskTV

Enterprise Risk Management ERM training courses and consulting services with BusinessRiskTV.com

ERM online courses. ERM online solution and inclassroom ERM workshop training classes. Develop your enterprise risk management knowledge and skills. Boost your business performance. Build your business resilience. Our enterprise risk management ERM training courses are practical hands on training designed for managers professionals consultants internal and external auditors. Manage enterprise wide risk management better to help boost enterprise performance.

Enterprise Risk Management ERM Online Solution and Courses With BusinessRiskTV

Discover latest upcoming ERM online courses with BusinessRiskTV. Enhance your business performance by reducing the impact of uncertainty on your business objectives.

Enter code #ERMonlinecourses

Enterprise Risk Management Workshop

Enterprise risk management training workshops are available online and inclassroom near you. Choose between distance learning or in the flesh face to face training to suit your learning preference.

Business uncertainty now is not worse. However business uncertainties do change. Managing internal and external risk factors is complex but does not need to be complicated. ERM should be used to set your business strategy not just manage the uncertainties that come out of your business strategy.

Adopting an holistic enterprise wide approach to business risk management enables an enterprise to focus all resources more cost effectively on the key risks that matter to maximise business development opportunities.

Use our ERM training to understand the principles practices and enterprise wide risk assessment process to inform strategic operational and project risk management. Enhance your risk knowledge and business intelligence to integrate threat mitigation and seize new business development opportunities.

Set and achieve business objectives easier and with less uncertainty
Improve your enterprise wide risk assessment process
Understand ERM theory and practice so your can embed ERM in your organisation
Explore your risk culture appetite for risk and risk tolerance
Build the right risk management framework and risk assessment process for your enterprise

Overcome the challenges to implementing and establishing an ERM programme that works for your enterprise.

BusinessRiskTV.com Risk Management Workshops

Subscribe to BusinessRiskTV for alerts bulletins and reviews on enterprise risk management ERM training courses

Complete and submit the form below and enter code #ERMtraining.

Read articles and watch videostream on Enterprise Risk Management ERM

Tap into enterprise risk management training ERM research and ERM guidance.

Enterprise Risk Management Training Workshops Online

#BusinessRiskTV #ERMtraining #ERMconference #ERMmagazine #ERMonline #ERMsolutions #ERMworkshops #EnterpriseRiskManagement #RiskManagement

ERM training courses with BusinessRiskTV

Enterprise risk management theory and practice

Understand enterprise risk management and firm performance improvements on BusinessRiskTV.com

Objectives of Enterprise Risk Management ERM

Enterprise risk management theory and practice can help to boost your business. Are you interested in enterprise risk management theory and practice? Keep up to date with latest enterprise risk management theory and practice news opinions and reviews. Network with enterprise risk management experts and top business leaders locally and globally.

Enter code #EnterpriseRiskManagement

Enterprise risk management theory and practice is an holistic approach to business decision making. It is designed to make the best use of business resources.

Achieve enterprise objectives more easily and cost effectively by reducing the impact of uncertainty.
Improve business decision making when looking at business strategy operational management and project management.
Engage the whole workforce in the task of making the enterprise a success.

Learn strategies to develop collaboration with enterprise risk management development within your business. Create an efficient risk management framework and risk assessment process you can communicate clearly to all employees to embed ERM more effectively.

Enterprise risk management creates value for all stakeholders in the enterprise including customers employees management team and owners.

Assess enterprise threats opportunities and their impact on enterprise objectives to use existing resources more cost effectively to achieve success more quickly and easily with less uncertainty.
BusinessRiskTV

Subscribe to BusinessRiskTV for free enterprise risk management ERM alerts bulletins and reviews to your inbox

subscribe for free

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new ways to protect and grow your business faster with BusinessRiskTV

Guide To Enterprise Risk Management

In today’s dynamic and interconnected business landscape, managing risks has become an essential aspect of successful enterprise management. Organisations face a wide range of risks, including financial, operational, strategic, and reputational risks, which can significantly impact their ability to achieve objectives and thrive in a competitive environment. Enterprise Risk Management (ERM) provides a comprehensive framework and process for identifying, assessing, and mitigating these risks to ensure sustainable growth and resilience. This article serves as a guide to understanding and implementing ERM within organisations.

Understanding Enterprise Risk Management:

Enterprise Risk Management is a strategic approach that enables organisations to proactively identify, assess, and manage risks across all levels and functions. It involves the systematic integration of risk management practices into an organisation’s decision-making processes, governance structure, and operations. ERM goes beyond traditional risk management, which often focuses on isolated risks, by considering the interdependencies and cumulative effects of risks on an enterprise-wide basis.

Key Components of Enterprise Risk Management:

a. Risk Identification: The first step in ERM is identifying and cataloging all potential risks that may affect the organisation. This involves gathering information from various sources, including internal stakeholders, external experts, industry reports, and historical data. The goal is to create a comprehensive risk register that captures both known and emerging risks.

b. Risk Assessment: Once risks are identified, they need to be assessed in terms of their likelihood of occurrence and potential impact. This step involves qualitative and quantitative analysis to prioritise risks based on their significance. Risk assessment techniques may include scenario analysis, sensitivity analysis, and probabilistic modeling.

c. Risk Mitigation: After assessing risks, organisations develop risk mitigation strategies to reduce the likelihood or impact of identified risks. These strategies may involve implementing controls, transferring risks through insurance or contracts, accepting risks within predetermined tolerance levels, or avoiding risks altogether by changing business practices or diversifying operations.

d. Risk Monitoring and Reporting: ERM is an ongoing process that requires continuous monitoring of risks to ensure their effectiveness. Organisations should establish clear risk indicators and thresholds to detect changes in risk levels and trigger appropriate actions. Regular reporting on risk exposures, mitigation efforts, and performance against risk objectives is essential to keep stakeholders informed and accountable.

e. Risk Culture and Communication: ERM is most effective when risk management becomes an integral part of an organisation’s culture. This involves fostering a risk-aware mindset among employees, encouraging open communication about risks, and embedding risk management practices in daily operations. Effective communication channels should be established to facilitate the flow of risk-related information across all levels of the organisation.

Benefits of Enterprise Risk Management:

Implementing ERM brings several benefits to organisations:

a. Improved Decision Making: ERM provides decision-makers with a holistic view of risks, enabling them to make informed choices that align with the organisation’s risk appetite and strategic objectives. By considering risk factors, organisations can avoid costly mistakes and capitalise on opportunities.

b. Enhanced Resilience: ERM helps organisations become more resilient in the face of uncertainties and disruptions. By systematically managing risks, organisations can better anticipate and respond to potential threats, minimising their negative impact and quickly recovering from adverse events.

c. Competitive Advantage: Effective ERM enables organisations to differentiate themselves by demonstrating strong risk management practices to customers, investors, and regulators. This can enhance their reputation, attract new business opportunities, and improve access to capital.

d. Regulatory Compliance: ERM assists organisations in complying with applicable laws, regulations, and industry standards. By proactively managing risks, organisations can identify compliance gaps and take corrective actions to avoid penalties and reputational damage.

e. Cost Optimization: ERM helps organisations optimise resource allocation by identifying areas of inefficiency, waste, or excessive risk-taking. By streamlining processes, eliminating redundancies, and aligning risk management efforts, organisations can reduce costs and improve operational efficiency.

Implementing Enterprise Risk Management:

To successfully implement ERM, organisations should consider the following steps:

a. Leadership Commitment: Senior management should demonstrate a strong commitment to ERM and actively champion its adoption throughout the organisation. This includes allocating resources, defining roles and responsibilities, and fostering a risk-aware culture.

b. Risk Governance: Establish a clear governance structure for ERM, with defined roles, responsibilities, and reporting lines. Designate a risk officer or risk management team to oversee the ERM process and ensure its integration into decision-making at all levels.

c. Risk Framework: Develop a risk management framework tailored to the organisation’s specific needs and industry context. This framework should outline the key components of ERM, including risk identification, assessment, mitigation, monitoring, and reporting.

d. Risk Assessment and Prioritisation: Conduct a comprehensive risk assessment to identify and prioritise risks based on their potential impact and likelihood of occurrence. This assessment should involve input from relevant stakeholders and utilise appropriate risk analysis techniques.

e. Risk Mitigation Strategies: Develop and implement risk mitigation strategies that align with the organisation’s risk appetite and strategic objectives. These strategies should be tailored to address specific risks and may involve a combination of controls, risk transfer mechanisms, and process improvements.

f. Integration with Business Processes: Embed risk management practices into existing business processes and decision-making frameworks. This includes integrating risk considerations into strategic planning, project management, performance evaluation, and budgeting processes.

g. Training and Awareness: Provide training and awareness programs to educate employees about ERM principles, methodologies, and their role in managing risks. Foster a culture of risk awareness, where employees are encouraged to report and escalate potential risks.

h. Continuous Monitoring and Improvement: Establish a system for ongoing risk monitoring and reporting. Regularly review and update the risk register, assess the effectiveness of risk mitigation measures, and identify emerging risks. Continuously improve the ERM process based on lessons learned and feedback from stakeholders.

Overcoming Challenges in Enterprise Risk Management:

Implementing ERM can present challenges, but organisations can overcome them with proper planning and execution:

a. Organisational Silos: ERM requires collaboration and information sharing across different functions and departments. Breaking down silos and fostering cross-functional communication is essential for effective risk management.

b. Resistance to Change: Resistance to change can hinder the adoption of ERM. Organisations should invest in change management efforts, addressing concerns, and providing training and support to employees.

c. Data and Information Management: ERM relies on accurate and timely data and information. Organisations should establish robust data management systems, ensure data integrity, and leverage technology solutions for data collection, analysis, and reporting.

d. Risk Appetite Alignment: Aligning risk appetite across the organisation can be challenging. Clear communication and dialogue between senior management and relevant stakeholders are crucial to establish a shared understanding of risk tolerance and strategic objectives.

e. Evolving Risk Landscape: The risk landscape is continuously evolving, with new risks emerging and existing risks evolving. Organisations should stay updated on industry trends, regulatory changes, and emerging risks to ensure the relevance and effectiveness of their ERM practices.

Enterprise Risk Management is a strategic imperative for organizations to navigate the complexities and uncertainties of the modern business environment. By adopting a comprehensive ERM framework, organisations can proactively identify, assess, and mitigate risks, enabling them to make informed decisions, enhance resilience, and gain a competitive advantage. Successful implementation of ERM requires leadership commitment, a robust governance structure, integration with business processes, and a risk-aware culture. Overcoming challenges and continuously improving the ERM process will contribute to long-term success and sustainability in today’s dynamic business landscape.

#BusinessRiskTV #EnterpriseRiskManagement #ERM #RiskManagementNews #RiskManagementReviews #EnterpriseRiskManagementTraining

BusinessRiskTV Enterprise risk management theory and practice

Your guide to enterprise risk management ERM

Enterprise wide risk management on BusinessRiskTV.com

Register for guide to enterprise risk management alerts bulletins and reviews of online enterprise risk management events webinars and discussions

Guide to enterprise risk management. Manage dynamic business risk better. #ERMtv to help guide you through enterprise risk management implementation and enterprise risk management theory and practice. Join our online business enterprise risk management forum. Discover the latest ways to manage enterprise risks better. Network with enterprise risk management experts to find better solutions to your business risk management problems. Inform your business management processes. Minimise the impact of threats on business objectives. Seize new business development opportunities with less uncertainty. Boost business resilience and grow faster.

Build resilient enterprise risk management ERM system to identify analyse and manage key risks to your business objectives. Build more confidence in your business decision making processes to survive and prosper in dynamic business environment.

Create a clear enterprise risk management framework to understand what risks you face and who is responsible for managing those risks well.

Upgrade your risk assessment process. Monitor and review your risk management decisions.

How To Manage Risk In Business enter code #RiskManagementOnlineMembership

Enter code #RiskManagementOnlineMembership

Promote and market your own enterprise risk management related products or services on BusinessRiskTV for 12 months

Put your ERM products or services in front of buyers interested in enterprise risk management.

Link into your existing enterprise risk management product or services sales process from BusinessRiskTV.

Increase your income streams more profitably and sustainably. Grow your business faster.

#ERMtv

Watch enterprise risk management live and on demand videostream to inform your business decision making process. Enterprise risk management guidance tips advice and training online.

Business Economy Live Digital Programming enter code #ERMtv

Read guide to enterprise risk management articles and videostream trending on BusinessRiskTV

Prepare Your Business For The Fourth Industrial Revolution

Risk Management Guidance — Guide to Risk Management Principles and Practices with BusinessRiskTV.com

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new innovative ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #EnterpriseRiskManagementGuide #ERMguide #RiskManagementGuide #GuideToRisks #RiskManagement #EnterpriseRiskManagement #Compliance #ERM #Governance #Risks #GRC

BusinessRiskTV Your guide to enterprise risk management ERM

Sharing of business intelligence to give you an edge

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

Risk Insights BusinessRiskTV Global Risk Insight

Business Intelligence BusinessRiskTV How To Use Business Intelligence

Risk Knowledge BusinessRiskTV Importance Of Knowledge Management

Want to maximise your profit?

The more confident you become in your business risks the faster you will make decisions

Risk Executive Grapevine

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #BusinessIntelligence #RiskIntelligence #BusinessKnowledge #RiskKnowledge #RiskManagement #EnterpriseRiskManagement #GRC #Governance #Risk #Compliance

BusinessRiskTV Sharing of business intelligence to give you an edge

The more confident you become in your business risks the faster you will make decisions

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.

Promote and market your business on BusinessRiskTV for 12 months

Put your business products or services in front of people interested in your business offering.

Link in to your existing sales process from BusinessRiskTV. Increase your income streams and sales. Boost your profit.

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #BetterBusinessDecisions #RiskKnowledge #BusinessIntelligence #BI #EnterpriseRiskManagement

BusinessRiskTV The more confident you become in your business risks the faster you will make decisions

Financial success always beats other stakeholder interests?

Incorporating all stakeholders interests in business decision making with BusinessRisk.com

Do you want financial success in terms on capital value increase and dividend increases? Are you prepared to sacrifice the interests of other stakeholders to achieve this? Is long term business sustainability less important than short term financial success?

You can be very financially successful and still fail. When financial success is pursued at the expense of other stakeholders interest you have a recipe for catastrophic failure eventually.

Responsible Investing with Environmental Social Governance ESG Risk Analysis

Shareholders and customers are stakeholders in the business performance not just senior management team. Pushing for bonuses at the expense of other stakeholders interests has always resulted in catastrophic losses.

Pick a more balanced risk management strategy for the benefit of all stakeholders

The financial crisis in 2008 is the most recent near systemic collapse due to poor senior management team business decisions. The senior management teams were very good at creating extra value for themselves which will have long term benefits but their customers and shareholders in the financial crisis of 2008 have lost big time and many have yet to recover lost business value.

The sad fact is that shareholders or rather their representatives pension and investment fund managers have accepted and fuelled the poor decision making of senior management teams by being part of the problem. They have misrepresented big business owners long terms interests by allow senior management teams to get away with bad business decision making that only interests the senior management teams not shareholders or customers.

Better Business Decision Making Faster Business Growth More Corporate Enterprise Success

Find ways to grow faster and protect your business better

Senior management teams are not taking enterprise risk management methodology onboard. Too often they pay lip service to the principles and practices of enterprise risk management.

Poor risk management cultures continue to dominate
Poor compliance standards are being accepted and even encouraged
Systemically poor risk management practices flourish on basis of a level playing field. They are doing it to make money so so should we

Enterprise risk management practices and processes need to be improved to prevent future catastrophic systemic collapses in business.

Adopt enterprise risk management methodology to improve your business performance

Guide to better business protection with BusinessRiskTV

Governments and self regulating bodies need to drive business improvements with carrots and sticks. Personal accountability at board level is necessary before good enterprise risk management practices will be embedded. If business leaders cannot see the wood from the trees than they need to be forced to open their eyes.

Short term greed is prevalent within our corporate structures. If our oversight by governments and professional bodies do not pull their their fingers out then economic and social catastrophes lie ahead in the next decade.

There is more to business than short term profit maximisation. However too many business leaders do not hold to this view. Their greed will take us closer to the cliff edge if they are not forcefully stopped.

Plan for long term business resilience

Do our business leaders and politicians really understand corporate risks and how this will impact on society?

Do they care? Too often the answer must be no. So they must be made to care by other people in our capitalist society. Capitalism is the best system on which to base our future but it should not be left to greedy people to rape the good that comes from capitalism.

Profit maximising corporations are not the flagships of capitalism. There is more to business life than profit. Reconciling business priorities is not easy. It is made easier with enterprise risk management principles and practices. Develop a more successful stakeholder management strategy for your business with BusinessRiskTV.

Creating business value is not just about creating more profit but we can make you more profitable too
BusinessRiskTV

Use better stakeholder management to drive future success and growth for the long term.

Subscribe to BusinessRiskTV for free alerts and bulletins from top business thought leaders locally and globally

contact us for more information on holistic enterprise risk management approach to business management with businessrisktv

Promote and market your business on BusinessRiskTV for 12 months

Reach influencers key decision makers and the business leaders who will buy from your business

Read management articles and view videostream

Develop a more holistic enterprise risk management approach to business management for long term business success.

Future planning for business success with BusinessRiskTV

Holistic approach to business planning

Fundamentally change your approach to business management

How do you determine your key business risks

Dig the well before you are thirsty

Different locks must be opened with different keys

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #360BusinessClub #HolisticRiskManagement #EnterpriseRiskManagement #RiskManagement #PoliticalRisksForum #BusinessClub #InBusiness #Stakeholders #Sustainability #DecisionMaking #Leadership #Culture #FutureOfWork #StakeholderInterests

BusnessRiskTV Financial success always beats other stakeholder interests?

Emerging trends in business management

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.

Emerging Trends in Business Management

Future Of Work Trends

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

Enter code #EmergingTrendsInBusinessManagement

Beat Your Competitors To New Business Growth with BusinessRiskTV

Grow Your Business With Us

Discover How To Beat The Competition In Sales

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

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

BusinessRiskTV #EmergingTrendsInBusinessManagement #EmergingTrends #EmergingTrendsInManagement #RiskMag #RiskMagazine #RiskManagementMagazine #EmergingRisks #HorizonScanning #RiskTrends #RiskWatch #BusinessIntelligence #BI #SupplyChains #BusinessManagement #EmergingTrendsInBusinessManagementMarketing #EmergingTrendsInBusinessManagementDirectory

BusinessRiskTV Emerging trends in business management

The best time to plant a tree was 20 years ago and the second best time is right now

Overcoming procrastination with BusinessRiskTV.com

Procrastination is one of the biggest risks business leaders face. Putting business decisions off until tomorrow is delaying success and future growth. The best time to act to improve your business performance is now.

Manage out the uncertainty of your business decision making process to make better decisions quicker to improve business performance faster
BusinessRiskTV

If you do not make the decision presented to you at least you can say it was not your fault it went tits up! Right? Maybe but your procrastination may be impeding your business performance.

With procrastination you are not managing business risks. You are just delaying the management of risks. Face up to your business risks today!

Many business leaders procrastinate on business risks because they think that risk events will not affect their business or that they have commercial insurance so are adequately protected from business risks. Simply effectively burying head in sand will not change a thing about your business risks. Commercial insurance may provide some money when you really need it however most business risks are uninsured or uninsurable even when you have an insurance policy!

Why procrastination is bad for your business

If you are leading your business and you are a procrastinator you may well miss business growth opportunities. Worse you maybe threatening the survival of your business should a risk event occur and you buried your head in the sand leaving your business unable to cope with the consequences of the risk event materialisation.

A big drain on your business success could be having business planning meetings without actually making changes to the business. Decide what is best and act with more confidence with enterprise risk management ERM!
BusinessRiskTV

Too often business leaders take comfort in talking about changes to the business but do not like the responsibility or accountability arising from actual actions to change the business. It is easy to talk a good game!

Stop avoiding the tough decisions in business

Initiate the changes necessary to improve your business performance. Accomplish more with your existing business resources and stop making excuses or blaming others! Take action and stop procrastinating. Take the right risks for your business success in future.

Deferring business decisions frustrates most people in your business. Confident business leaders assess the risks and become action takers proactively putting in place cost effective risk management controls.

Get ahead of your competition before the opportunity for business growth disappears for your business
BusinessRiskTV

You may think your procrastination is not damaging your business. Chances are it is in one way or another.

Subscribe to BusinessRiskTV for free alerts and bulletins from top thought leaders on business management

contact us for more information on enterprise risk management and discover innovative ways to better protect and grow your business with BUSINESSRISKTV

Promote and market your business on BusinessRiskTV for 12 months

Celebrate Your Online Business Growth With Pro Risk Manager

Read articles and watch videostream trending on BusinessRiskTV

Find out from business experts

Leadership Disruption

Focal Point Risk Leadership Risk Management Development Training

Risk Management Leadership Conference Risk Management Training

Our Business Risk Management Services Corporate Risk Solutions For Business Leaders

Marketplaces	Exhibitions
Save Money	Risk Magazines

#BusinessRiskTV #BusinessPreparation #BusinessPlanning #Procrastination #Leadership #BusinessLeaders #RiskManagement #RiskManagementProcess #BetterDecisions #BusinessContinuity #EnterpriseRiskManagement

BusinessRiskTV The best time to plant a tree was 20 years ago and the second best time is right now

A single conversation with a wise man is worth a month study of books

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

Enter code code #ConversationAboutRiskManagement

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.

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new ways to protect and grow your business faster with BusinessRiskTV

#BusinessRiskTV #Networking #RiskExperts #BusinessExperts RiskManagementExperts #RiskNetwork #BusinessProblems #RiskManagement #RiskManagementNetwork

BusinessRiskTV A single conversation with a wise man is worth a month study of books

You must enter the tigers den to catch his cubs

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

subscribe to businessrisktv for free

Promote and market your business on BusinessRiskTV for 12 months

Celebrate Your Online Business Growth With Pro Risk Manager

Read articles and watch videostream trending on BusinessRiskTV

Key factors that lead to successful businesses

Do you overvalue your current business decision making ability and undervalue an alternative enterprise risk management process?

No Such Thing As Bad Economic Environment Just Bad Business Planning

Risk Radar BusinessRiskTV

Business Magazine BusinessRiskTV Business Risks

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #RiskTaking #RiskTakers #DecisionMaking #Leadership #Innovation

BusinessRiskTV You must enter the tigers den to catch his cubs

A blind horse always frightens itself

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.

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

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #RiskProfile #RiskInsight #RiskKnowledge #BusinessPreparation #ImproveBusinessPerformance #BetterBusiness #GetPrepared #UnderstandingRisk

BusinessRiskTV A blind horse always frightens itself

Develop better business leader skills

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

Enter code #LeadershipDevelopment

Develop effective leadership skills

Corporate Business Enterprise Risk Management Training Conference for Leaders

#BusinessRiskTV #BetterBusiness #BusinessDevelopment #BusinessLeaders #Leadership #LeadershipSkills #EffectiveLeadership #Leaders #LeadershipDevelopment

BusinessRiskTV Develop better business leader skills

Key factors that lead to successful businesses

Why will your business be successful?

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.

like button

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.

Enter code #RiskTolerance

What a business risk assessment should include

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.

Marketplaces	Exhibitions
Deals	Risk Magazine

Factors for successful business

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.

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #Success #DecisionMaking #RiskFactors #SuccessfulBusinesses #BusinessSuccess #RiskTakers #RiskTaking #BusinessLeaders #LeadershipSkills #EnterpriseRiskManagement

BusinessRiskTV Key factors that lead to successful businesses

Do you overvalue your current business decision making ability and undervalue an alternative enterprise risk management process?

Benefits of enterprise risk management

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

Promote and market your business on BusinessRiskTV for 12 months

Marketplaces	Exhibitions
Deals	Risk Magazine

#BusinessRiskTV #EnterpriseRiskManagement #RiskManagement #DecisionMaking #BusinessDecisions

BusinessRiskTV Do you overvalue your current business decision making ability and undervalue an alternative enterprise risk management process?

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
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.

Holistic Approach In Management

Benefits Of Enterprise Risk Management ERM enter code #HolisticApproachInBusiness

Governance Risk and Compliance Framework

Develop an holistic approach to business management with BusinessRiskTV

Subscribe to BusinessRiskTV for free alerts bulletins and reviews on holistic approach in business risk management solution

contact us for more information on holistic approach in business management and discover innovative ways to improve your business performance

Enter code #HolisticBusinessSolutions

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

Marketplaces	Exhibitions
Deals	Risk Magazine

Discover better ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #HolisticApproachInBusiness #HolisticBusinessSolutions HolisticSolutions #HolisticRiskManagement #EnterpriseRiskManagement #RiskManagement #HolisticRiskManagementMarketing

Holistic approach to business planning

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.
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

CONTACT US FOR MORE INFORMATION ON BUSINESSRISKTV CONSULTING SERVICES

Enter code #RiskConsulting

Reduce Uncertainty in Business

Risk Insight Risk Knowledge Business Intelligence BusinessRiskTV

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

How to reduce uncertainty in business with BusinessRiskTV

Enterprise Risk Management Best Practices Explored Online With BusinessRiskTV.com

Promote and market your business on BusinessRiskTV for 12 months

Find out how to promote your business locally and globally

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.

Marketplaces	Exhibitions
Deals	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #ConsultingServices #ConsultancyServices #BusinessConsultants #BusinessConsultancy #ManagementConsultants #ManagementConsultancy #BusinessCoach #RiskExperts #BusinessExperts #HowToReduceUncertaintyInBusiness

Ways to reduce uncertainty in business

How to solve business problems effectively

Business problem solving tools from BusinessRiskTV.com

View Marketplace For Business Experts

How to solve business problems effectively. Problem solving tools and techniques to help your business grow faster and more resiliently. Find out how to solve your business problems. Network with top risk leaders. Learn how to solve business problems online.

Enter code #SolvingBusinessProblems

Promote and market your business consultancy or problem solving business on BusinessRiskTV for 12 months

Find out how to promote your business locally and globally

Put your products or services in front of new people already interested in your type of business offering before your competitors grab your potential sales.

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.

Read business management articles and view videostream trending on BusinessRiskTV

Management Consultants and Business Coaches

International Risk Specialists

Innovation Lab

Strategic Foresight Consultants

Live Business Chat Online

Marketplaces	Exhibitions
Deals Discounts	Risk Magazine

Discover new ways to protect and grow your business faster with BusinessRiskTV

#BusinessRiskTV #BusinessSolutions #SolveBusinessProblems #ProblemSolving #BusinessTips #BusinessAdvice #BusinessHelp #HowToSolveBusinessProblems #SolvingBusinessProblems

BusinessRiskTV How to solve business problems effectively

Find out from business experts

Business Expert Advice With BusinessRiskTV.com

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.
BusinessRiskTV

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.

Enterprise Risk Management Expert Panels Online

Do you need advice from an expert?

Good Business Decisions

BusinessRiskTV.com helps decisions

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.

Enter code #BusinessExperts

Promote and market your business on BusinessRiskTV for 12 months

Find out how to promote your business locally and globally

Read risk management articles and watch videostream trending on BusinessRiskTV

Ask The Experts

Sharing Risk Knowledge and Building Risk Management Professionalism

Making Better Business Decisions

Ways To Grow Your Business Faster

Online Networking

Marketplaces	Exhibitions
Deals	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #BusinessExperts #RiskExperts #RiskManagementExperts #RiskManagement #EnterpriseRiskManagement

BusinessRiskTV Find out from business experts

Interested in speaking as a country or industry or specific type of risk expert

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.

Importance Of Risk Taking In Business

Subscribe to BusinessRiskTV for free alerts and bulletins to upcoming panel discussions and debates

Enter code #RiskPanel

How To Manage Risk In Business BusinessRiskTV Manage Business Risks Better

Business risk management with BusinessRiskTV.com

Subscribe to BusinessRiskTV.com for free

Identify evaluate and manage business risks better. Discover management of risks tools and techniques. Analyse evaluate and control internal and external risk factors. Tips and advice on the best ways for a business to manage risk impacting on business objectives.

Why is business risk management important? Protect and grow your business faster with less uncertainty impacting on business objectives.
BusinessRiskTV

Learn how to manage enterprise risks better. Inform your risk management process. Improve your risk management system. Read our guides to business risk management.

Enterprise Risk Management Training: Looking to boost your business growth? Want to protect your business for significant losses? Think your business could do better with existing resources?

Connecting Business Leaders Locally and Globally

Get connected on BusinessRiskTV.com

More Connected With BusinessRiskTV: Want to learn from others business mistakes or successes? Looking to use tried and tested business plans for business growth and business protection? Need an easily accessible forum to learn how to improve your business performance?

Finding the latest best risk management products and services can be time consuming or unfruitful. We make easier.

Searching for what you need to inform your business decision making process is free. Come back often to find the best risk management products and services. Pick up the business risk management news headlines opinions debate and business reviews.

BusinessRiskTV Business Risk Watch

Be better prepared and more cost effectively manage business risks. Treat risks to your business to achieve more with less uncertainty.

Enterprise Risk Management Services On BusinessRiskTV

Help others to manage common business risks better.

Become Manage Business Risks Better sole sponsor for 12 months

Business leaders do not always have the marketing budget to promote their business. We provide a range of online marketing options for businesses to fit most budgets so you can promote your business products or services for longer.

Paypal is an independent third party payment system provider. We will never see your full payment details. Pay with your credit or debit card and be protected by Paypals secure systems.

Sponsor Manage Business Risks Better for 12 months

When Paypal tell us your sponsorship fee has cleared to our account we will

Email you to get your logo or image an link it to your business website
We will also ask for more information about your business to create a business review to promote your business
We will include all your preferred contact details to make it easy for new potential customers to buy from you instead of your competitors

Alternatively CLICK HERE to find other ways of promoting your business more cost effectively.

Reinventing Your Thinking Reinvent Your Business Stay Positive

Understand where your business really is and where it has the potential to go to with BusinessRiskTV

Business reinvention with BusinessRiskTV

Change management thinking to a more balanced risk approach to threats and opportunities. Reinvent your business risk management model. Work with top thought leaders in the world of business thinking.

Evaluate your current business situation
Make more informed business decisions on how to proceed
Think about your appetite and business risk tolerance when considering what you want to achieve

The business marketplace is always changing. What people and business leaders want or expect changes. Change your business thinking to respond with more confidence. Proactively manage potential future risks better today.

Step guide to reinventing your business with BusinessRiskTV

Our guide to reinventing your business. Start with your risk management culture. Identify your management team risk appetite and risk tolerance. Identify your corporate tolerance to risk. The key to your business reinvention is your risk culture. You can then change your

risk management principles
risk management framework and
risk assessment process

This will help you deploy a risk management plan that works better for your business.

Develop a new business model for today and tomorrow
BusinessRiskTV

Overcome resistance to become a more forward thinking business with stronger resilience. Build greater business success with less uncertainty. Get ahead of the current business curve.

First step to reinventing a business

How To Grow Your Business Online Presence — How To Grow Online Sales With BusinessRiskTV.com

Subscribe for free to find out more about the steps to reinventing your business model

Refresh your thinking and that of your business management team. Focus your resources on whats important to your business success. Manage the significant uncertainties impacting on your business objectives.

Subscribe for free to find out more about the steps to reinventing your business

Managing Uncertainty Better

Understand your business risks to manage your key business risks better with BusinessRiskTV

How do leaders manage uncertainty in business better

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.

We are developing a business risk management hub to help inform your leadership team. Reduce the impact of uncertainty on your business success.

Various risk management identification tools and techniques will bring emerging risks to your attention
Our Partners analysis country and industry risks
Inform your attitude to risk and take a more balanced risk based approach to business management

Our free enterprise risk management resources provide a free risk insight to the risks that matter to your business prosperity and even survival. Develop your risk knowledge for free.

Join in our online risk management discussions workshops and training sessions to hone your risk management skills and ability.

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.

Dealing with uncertainty better can help you navigate around pitfalls your competitors fall into. Help guide your business to greater success with less uncertainty. Manage uncertainty more cost effectively.

Leaders can use risk management principles and practices to take the next step towards success with more confidence.
Leaders can prepare themselves and their business to face the uncertain business environment to control threats and seize new business opportunities.
Leaders must learn to manage uncertainty better but they need not do this alone

Free subscription to BusinessRiskTV can support your business improvement plans.

Subscribe to BusinessRiskTV for free for tips advice and help to manage uncertainty better

Meet the challenges to your business with more confidence. The world is facing growing uncertainty. Adjust your business strategy to account for the significant risks impacting on your business objectives.

Join more than 27000 people interested in better enterprise risk management.

Read business risk management articles relevant to your enterprise.
Watch videos to inform your business decisions making.
Pick up ideas from top business thought leaders to grow your business faster with less uncertainty.

Subscribe for free to receive alerts to latest risk management news opinions and reviews.

Subscribe to BusinessRiskTV.com for free

Executives Behaving Badly

Learn what not to do and why as well as what you should be doing with BusinessRiskTV

Corporate Misbehaviour Is A Misnomer

Corporate or enterprise entities do not make mistakes or create a bad business culture executives do. Illegal unethical or bad business practices arise because that’s the way executives want a company to achieve corporate objectives. Executives may or may not consider their business practices as bad or unethical but the result is the same corporate misbehaviour.

iso 31000 Enterprise Risk Management Framework Principles Best Practices

Understanding corporate misbehaviour

It may be a pointless waste of money undertaking a business health check if the executives are going to be unreceptive to the final risk management report, or simple pay lip-service to the outcomes.

Find out how to protect your business better and build business resilience with BusinessRiskTV

Many CEOs know what game needs to be played with enterprise risk management ERM before they can return to their own agenda for the business. Internal or external risk management audits can just play into the CEO’s attitude to risk management. Such executives short-term philosophy seems to rely on the hope that the shit doesn’t hit the fan during their time as CEO and whatever happens after they move on is not a concern for some incumbent CEOs.

Much of executive misbehaviour, and therefore corporate misbehaviour, is a direct result of executive pay and associated benefits. Misdirecting executive pay and rewards drives most if not all catastrophic corporate collapses. Before the collapse poor executive pay and rewards strategies poison business innovation and employee motivation.

To anticipate which companies will survive sustainably you could look at how executives are rewarded. It is the single biggest driver of corporate culture and long-term success, or not as the case maybe.

Executive managers cause corporate scandals, corporate scandals are not externally driven. The proximate cause of the corporate scandal or collapse doesn’t start further down the organisation nor does it start from outside the company. CEO bad behaviour is normally the proximate cost or the catalyst for corporate collapse.

Corporate Scandals

Corporate scandals aren’t a surprise to most executives, never mind the CEO. They take the level of risk they think is required to achieve their business objectives. They roll the dice and sometimes it pays off and sometimes it doesn’t.

Taking Risks To Achieve More In Business With BusinessRiskTV

For example, many in the banking and finance industry look upon the financial crisis as an external risk that impacted on their business strategy. No, or little, blame can be placed at the bankers door! It was all the other bankers and financers who were at fault for their share price collapse, mass redundancies and lost business opportunities – not their fault as their business was doing just fine until the financial crisis tsunami hit their business.

Such egotistical responses stem from either self preservation, or lack of care for their part in the near global systemic financial collapse of the banking and financial sector and the very near global anarchy which would have ensued. Politicians, who were part of the problem, became part of the solution – make money as cheap as possible via low interest rates and massive almost unremitting quantitative easing QE.

Mothers forget how bad childbirth was

More than a decade after the start of the financial crisis there is still mass unemployment in the developed world and the developing world lost a decade of opportunity to crawl out of poverty. However, the key decision-makers in the business world have either forgiven themselves or reinvented themselves in position of power. In addition, a new raft of politicians are in place, or about to find positions of power, to facilitate the next financial crisis.

At its least useful, enterprise risk management ERM is a tool to spread the blame should the shit hit the fan, so one would have thought that ERM could be more popular than it is. At its most useful it helps business leaders make business decisions that are more likely to be good ones for the long-term sustainability of the business for the benefit of all stakeholders in the business – including the CEO.

Subscribe to BusinessRiskTV.com for free enter code #ExecutiveBehaviour

contact businessrisktv

#BusinessRiskTV #CEObadbehaviour

BusinessRiskTV Executives Behaving Badly CEO Bad Behaviour

Will you suffer catastrophic loss to disruptive innovation or become a business disruptor yourself

Understand your future business threats and opportunities better with BusinessRiskTV

Protect yourself and benefit from innovation driven business growth

The 4th Industrial Revolution is upon us. For some it will be a plague but for others it’ll will be a feast.

Every day you can find multiple great ideas that could potentially disruptive the current way of doing things. My favourites at the moment are flying modes of transport that could easily replace vehicles that have to travel on roads and flying machines that briefly go to space to get to their destination quicker. They may seem like far off technological developments, but the technology works now. Its flight rules and regulations that will hold them back to protect carmakers and airplane makers not technology risks.

Everyday new innovative ideas and products flood onto the market. For most it will be like Tomorrows World. The innovative ideas will not be sustainable. We want to work with people who want to take over the world in a good way!

Pull in our resources to make innovation-driven business growth more likely to succeed and maximise the return of your investment of time and money.

Subscribe to BusinessRiskTV.com and enter code #BusinessDisruptors

If you don’t have time to be innovators you may need to find time to protect against business market disruptors

Fatal existential business decisions are easy to see in hindsight. Foresight consultants can help you take steps to protect yourself from your own poor business decisions.

Anyone can take a wrong turn. If you’re lucky the decision may not be malignant. You might survive to fight another day. On the other hand.

Pro Risk Manager Service

Your brand maybe vulnerable to others who have been thinking differently, or from changes to the marketplace. It may fail cause your performance ain’t good enough, or because your competitors change the rules of the game.

How you fail may not matter too much after you’ve failed. It will be too late to consider what you are doing wrong. Kodak didn’t want to change when they had to change to survive. They were making too much money from photographs to change to embrace digital photography. Market changes can kill the best businesses.

The best form of defence is often attack

Being more innovative or creative can be frightening. Picking the wrong horse in a paddock of new opportunities can be very costly. Innovation can also be exciting and highly rewarding.

We aim to make innovation for you more exciting and rewarding as well as reducing the uncertainties that accompany innovation and creativity. Disruptive innovators can draw on our tips advice and support to become more successful with more certainty.

BUSINESSRISKTV DISRUPTIVE INNOVATION BUSINESS GROWTH OR PROTECTION

Are you confident you are managing all significant business risks cost effectively

How to manage risk in business with BusinessRiskTV.com

Is your business taking too much or too little risk? Have more confidence in your business risk management decision making process. Improve your business performance and build business resilience.

contact us for more information on developing business intelligence and risk knowledge to improve business decision making

Assuming you are managing enterprise risks well can be dangerous

You might be taking too much risk unknowingly but you might also be taking too little risk and failing to make the best use of your business assets.

How confident are you that you are managing enterprise risks cost effectively?

What are the hidden costs of your failure to manage risk properly

Missed opportunities cost
Over protection of business wasting resources and increasing your costs
Under protection leaving you exposed threatening your survival or prosperity and stopping you getting a quiet night’s sleep

Can you demonstrate to your business stakeholders that significant enterprise-wide risks are being effectively managed? Have you a balanced risk -reward risk management plan that prioritises the allocation of resources for best potential effect on business objectives? When was the last time you reviewed your enterprise risk management plan?

Controlling the risks in the workplace is not just about safety and business insurance. Your business must control enterprise wide risks. What is the aggregate effect of risk on your business objectives? Do you understand the threats to objectives and the opportunities you have in front of you?

Find out how enterprise risk management can help you monitor your overall business’s performance

Identify and manage both external risk drivers and internal risk drivers impacting on your business success.

Manage Risk Better — Improve your risk knowledge to solve business problems today and in future

Do you have confidence your business is ready for emerging risks?

We are only at the beginning of the 4th Industrial Revolution. Many jobs are going to disappear. Many jobs are going to change. Businesses that don’t change to reflect emerging risks will not survive the rapid changes that have started but will accelerate over next few years.

Maximising business opportunities for growth

There is a yin and yang to all threats and opportunities.

Every threat comes with an opportunity to change for the better.
Every opportunity comes with a threat that the new will destroy existing value.

Business decision makers have tougher choices now than many recent business leaders have faced and many choices may threaten survival if you choose badly. Making good choices could also drive your business forward much faster than recently possible due to the financial crisis of 2008 and recovery therefrom.

Have you identified and assessed your enterprise wide risks?

What have you done about the more significant risks to your business objectives? Managing risk is increasingly central to the art of business management. It is not a science. What is right for one business may not work for another in the same industry. Much will depend on the leaders of each business within the same industry.

Give your managers more confidence in your company to prperly assessing all the signiciant business risks to your organisation.

There is a risk to every business decision you make. Systematically look at all the risks across your business to enable you to focus your limited resources on the options most likely to boost your business performance, productivity and profitability.

Armed with the right risk management tools and techniques, risk knowledge and business intelligence you can manage risk more cost effectively more successsfully.

Read more

How to monitor risk management plan

Evaluating risk management action plan

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #ManagingBusinessRisk #EnterpriseRiskManagement #RiskManagement #Governance #Risk #Compliance #GRC

Are you confident you are managing all significant business risks cost effectively

Mitigating Threats Maximising Opportunities

Improving business performance with BusinessRiskTV.com

Taking risks is critical for heightened business success. Too much or too little risk taking exposes an enterprise unnecessarily or restricts business performance unwittingly. Missed opportunities can be as expensive as massive business losses.

New Business Strategies Are Increasingly Important To Be More Successful For Longer

Risk Appetite and Risk Tolerance

Enter code #RiskTaking

Minimised Threats Maximised Opportunities

Strategic foresight consultants can help business leaders and entrepreneurs to make a success of their business regardless of the business environment. They inform the decision making process to reduce uncertainty and improve productivity.

Business Threats and Opportunities Live

Understand the threats and opportunities in front of you. Make decisions now to protect your business better and grow it faster. Identify evaluate and manage risks to exploit the creative insight of your existing employees to become more productive and more successful.

BusinessRiskTV Risk Partners

BusinessRiskTV works with partners and clients to maximise the opportunities and minimise the threats to business objectives.

BusinessRiskTV Mitigating Threats Maximising Opportunities

How To Manage Business Risk Better and Grow Business Faster

How to grow a company successfully with BusinessRiskTV.com

Could you manage your business risks better? Do you know what the key threats to your business are and how to manage risks better? Maybe more cost effectively? Could you grow your business faster? Inform you decision making with BusinessRiskTV business risk management articles videos and online broadcasts.

Evaluate If Your Business Is Ready

Subscribe for free to manage enterprise risks more proactively with BusinessRiskTV.com

Learn New Risk Management Techniques In Business

Common business risks facing your business could be managed better. Learn new ways to manage risk more productively with more certainty.

Running a business can be very satisfying but it can also be dangerous for the health of your finances! Potential risks will present ways to threaten business survival or reduce profitability. Other risks may present opportunities to grow faster. Both types of risk need to be managed to maximise your success both personally and corporately.

Risk Management Tools and Techniques BusinessRiskTV Tools To Manage Risk

The business environment sets the scene for successful businesses it does not dictate your success or failure

Anyone can cross their fingers and hope for success but clever business leaders don’t leave their success to luck!

Drive Your Business Forward With BusinessRiskTV.com

Not everything is going to go well no matter how hard you plan things. Life often gets in the way of the best business plans! In the real world you have to take calculated risks to achieve more than the next business leader who is risk averse.

How do you get the enterprise risk balance right though?

There are many ways to get the right enterprise risk management ERM balance right. First of all you need to know where you are now and how much of an appetite for risk your key decision makers have.

Once risk appetite and risk tolerance are clear then the culture of risk management can be tailored to strike the right risk management balance for your organisation.

Risk Profile vs Risk Appetite

How to identify manage and control the effect of risk on your business objectives

Some risk has to be accepted. How much? What is not acceptable has to be managed. How will risk is managed will dictate how sustainable your business will be in future as well as how successful it will be.

How To Manage Business Risk Better and Grow Business Faster

Promote and market your business on BusinessRiskTV for 12 months

Find out how to promote your business locally and globally on BusinessRiskTV CLICK HERE or email editor@businessrisktv.com

Put your products or services in front of new buyers more innovatively and cost effectively

Link into your existing sales process direct from BusinessRiskTV. Increase your revenue more profitably and sustainably. Increase your revenue streams. Grow your business faster with BusinessRiskTV.

Marketplaces	Exhibitions
Save Money	Risk Magazine

#BusinessRiskTV #GrowBusinessFaster #GrowBusinessFast #ManageBusinessRisks #BusinessRisks #RiskManagement #BusinessRisk #SmallBusiness #GrowBusiness

BusinessRiskTV How to manage business risk better and grow business faster with more certainty

Most Important Things To Know In Business Are What Are Your Biggest Problems Impacting On Business Objectives

Understand what your key threats and opportunities really are with BusinessRiskTV

Take The Courage To Embrace Potential Failure Of Business

You Control the Solutions to Your Business Problems: Exploring Creative Thinking and Problem Solving in Business

In the dynamic landscape of business, problems are inevitable. From operational inefficiencies to market challenges, businesses face a myriad of obstacles that require strategic thinking and effective problem-solving skills. The ability to identify, analyse, and resolve these issues is crucial for organisational success and growth. This article explores the significance of problem solving in the business realm, delving into the BusinessRiskTV model as a powerful tool for addressing challenges. Furthermore, it highlights the role of creative thinking in problem solving and provides three practical ways businesses can leverage creativity to overcome obstacles.

Understanding the Solution to Business Problems
Before diving into the solutions, it is essential to grasp the concept of business problems and their significance. Business problems can range from operational bottlenecks to strategic dilemmas, and their resolution plays a vital role in maintaining competitive advantage and ensuring sustainability. By identifying the root causes of problems and employing appropriate problem-solving techniques, businesses can create innovative solutions that drive progress and success.
The BusinessRiskTV Model of Problem Solving
The BusinessRiskTV model offers a structured approach to problem solving, enabling businesses to navigate challenges effectively. This model involves six key steps: problem identification, analysis, solution generation, evaluation, implementation, and review. By following these steps, organisations can systematically address problems, ensuring comprehensive and sustainable solutions. The model encourages a proactive mindset, emphasising the importance of continuous improvement and learning from past experiences.
The Importance of Solving Business Problems
Solving business problems holds numerous benefits for organisations. Firstly, it helps optimise operational efficiency by identifying and eliminating inefficiencies, reducing costs, and improving productivity. Secondly, problem solving enables businesses to adapt to changing market conditions, seize opportunities, and stay ahead of the competition. Furthermore, effective problem-solving fosters a culture of innovation, empowering employees to think critically and contribute to the organisation’s growth.
Leveraging Creative Thinking in Problem Solving
Creative thinking plays a crucial role in solving complex business problems. By encouraging fresh perspectives, challenging assumptions, and exploring unconventional solutions, businesses can unlock new possibilities and generate innovative ideas. This section explores three key ways in which organisations can utilise creative thinking:

a. Divergent Thinking: Encouraging brainstorming sessions and open discussions enables teams to generate a wide range of ideas. By embracing diversity and inclusivity, businesses can tap into the collective wisdom of their workforce and uncover unique solutions.

b. Design Thinking: This human-centered approach emphasises empathy, understanding, and collaboration. By immersing themselves in the customer’s perspective, businesses can develop innovative solutions that cater to their needs, preferences, and pain points.

c. Reverse Thinking: This approach involves challenging the status quo and flipping the problem on its head. By questioning assumptions and exploring alternative perspectives, businesses can discover fresh insights and uncover unconventional solutions.

What is the solution to the problem in the business? What is the McKinsey model of problem solving? Why is it important to solve business problems? What are 3 ways a business can use creative thinking to solve business problems? — What are business problems you may need to solve today?

Solving business problems is an imperative aspect of organisational success. By embracing the BusinessRiskTV model and incorporating creative thinking, businesses can take control of their challenges and pave the way for innovation and growth. The ability to identify problems, analyse their root causes, and generate effective solutions enables organisations to adapt to dynamic market conditions and gain a competitive edge. Moreover, by fostering a culture of creative thinking, businesses can unlock new perspectives and ideas, fueling continuous improvement and long-term success. Ultimately, the power to control the solutions to business problems lies within the organisation itself, and by leveraging their resources, knowledge, and creativity, businesses can overcome obstacles and thrive in an ever-evolving business landscape.

Risk Management Advice BusinessRiskTV Risk Consulting

Then take action to reduce the risk of failure

What is achievable in your business?

Know with more certainty what your business could achieve if it makes some changes.

Understand Key Threats And Opportunities

Use risk management experts to help you make right choices

Once you know what your biggest business problems are you can identify how to best use limited business resources to reap the quickest gains to achieve greater business success more quickly.

Too often people in business at all levels of the organisation are working extremely hard. This can be a problem because they can burn out whilst solving problems that do not matter to the achievement of key business objectives. Solutions include employing more staff to work on the same minor business problems then business leaders wonder why they are spending more without any increase in business productivity and no business performance improvement.

Improving business performance requires better use of existing key business assets for a better return in your investment of time and money.

Develop the quality and capacity of your workforce to achieve more for themselves and the business

Training employees to help themselves will help your business achieve its objectives by overcoming the biggest business problems more easily with existing resources.

Get Help To Grow Your Business Faster – BusinessRiskTV.com

What are your biggest business problems

If you can’t answer this question immediately, right now, then you are missing out on quick more profitable gains to easily make your business more successful.

If you can answer this question immediately and with near absolute certainty then you should be performing pretty efficiently already. If not why haven’t you taken steps to remove barriers to your greater business and personal success?

Develop a new business management strategy with a new decision making process designed to help you identify evaluate and manage your biggest business problems more cost-effectively. If you can’t tell us what your biggest problems are in a very short summary of the key information then you haven’t truly identified your biggest critical business problems impacting on your business objectives.

Discover How To Beat The Competition In Sales

You could develop a new business strategy for success that is less complicated, cheaper to implement and brings greatest rewards if you change your thinking about business management.

This could be a pivotal moment for your business

You either know exactly what you need to do today to change your business trajectory or you may need a little outside help. BusinessRiskTV can provide that help. If you do not need help we wish you well for the future. If you do need help get in touch below and tell us what you need help with.

Business Risk Management Help Tips Advice Support

BusinessRiskTV Pragmatic Practical Business Solutions For Your Biggest Business Problems

Whats Happening In Enterprise Risk Management

Discover how enterprise risk management can help your business. Grow faster with less uncertainty. Save money and time.

Subscribe to BusinessRiskTV for free alerts bulletins and reviews to your inbox

Enter code #EnterpriseRiskManagement

Understand Your Business Enterprise Risk Management Needs With BusinessRiskTV

Keep up to date with what’s best practice risk management and see news views and reviews on examples of poor enterprise risk management practices.

Academy	Marketplaces
Exhibitions	Risk Magazine

Discover new ways to protect and grow your business on BusinessRiskTV

BusinessRiskTV Global Enterprise Risk Management Thought Leaders

Are You An Entrepreneur Or Business Leader Who Is Procrastinating Or Fearful Of The Future?

Making better business decisions with BusinessRiskTV

UK Business Growth Opportunities

Business leaders need confidence in their decision making and entrepreneurial thinking to find new business opportunities.

Positive Risk Management

Look at the world through an improving business and economic environment. The UK is strong and set to get stronger

Supporting Entrepreneurs and Intrapreneurs

Are You an entrepreneur of business leader who is procrastinating or fearful of the future

The UK has the skills and ability to be greater than it is right now

Don’t listen to the doom-mongers! The UK has more opportunities to grow faster than it has had in front of it for decades. Don’t look back at today and think, “I wish I had seized the day”. The time for waiting is over. Today will be the past and your great historic past is for the making now!

Business Leaders Need To Cut Their Cloth Accordingly

Are there huge economic uncertainties just now?

Of course! When haven’t there been significant uncertainties for business? However, should we wait before investing time and money in our future? Absolutely not! This is the time for sowing the seeds of your future success. Businesses in the UK have so many opportunities for growth.

Where are the growth opportunities ?

Well have you looked properly! They are there. Your competitors may have spotted them. Look and you shall find!

Too much noise and not enough action!

Everybody is busy, but being busy doesn’t mean to say you’re in the growth business. Are you working hard but standing still? Have you got the talent, the assets and the ambition but not the results you’d hoped for?

The UK was built on innovation and hard graft, but in the recent past, we’ve been grafting too much and not innovating enough. The UK’s business leaders need to think smarter, not just work harder.

I could do with some help here mate!

Talk is cheap! I hear you! However, talking with like minded innovators who want to move to the action phase quickly might produce new business growth for your company.

Do most business leaders want the same thing – growth? Presumably none want to down-size. Many are happy to stay the same, though few businesses can survive by staying the same.

Many of your peers are happy to share ways to overcome barriers to business survival and business growth. No one person knows it all and even if they did, what they learnt would soon be out of date. Unless you keep up to date with best practices and evolving methods of working, you are going backwards behind competitors.

Sometimes we need to be inspired by the actions of others

Olympic competitors are inspired by the achievements of other Olympians. They may be at the top of their game, but they can still be inspired by the success of their peers.

Balanced Enterprise Risk Perspective

Are you taking too little or too much risk? Poor business performance can come from too much, or too little risk.

Getting access to the horse’s mouth

If you don’t know – ask for free! It is highly unlikely that your business problems are totally unique. They might be unusual and have a different impact on your business, but the solution to your business problems have almost certainly already been found at another business somewhere in the world.

It is important to get risk into the right perspective. If you don’t know enough about your enterprise risks, it is possible that you are being overly cautious. Alternatively you might be acting (or not acting) recklessly, and are on the edge of catastrophic disaster, due to lack of risk knowledge. Are you deliberately not asking questions cause you might not like the answers?

Are you an entrepreneur or business leader who is procrastinating?

Become a Risk Management Online member to access enterprise risk management collaboration for faster business growth and better business protection.

10 Essential Habits to Nurture and Develop as an Entrepreneur

Becoming a successful entrepreneur requires more than just having a great business idea. It involves nurturing certain habits that can help you navigate the challenges and uncertainties of the entrepreneurial journey. In this article, we will explore ten essential habits that aspiring entrepreneurs should cultivate to foster personal and professional growth. By incorporating these habits into your daily routine, you can enhance your entrepreneurial mindset and increase your chances of success.

Embrace Continuous Learning. One of the key habits for nurturing an entrepreneurial spirit is a commitment to continuous learning. Successful entrepreneurs understand that knowledge is power, and they never stop seeking opportunities to expand their expertise. They read books, attend seminars, listen to podcasts, and engage in online courses to stay updated with the latest industry trends and developments. By fostering a thirst for knowledge, you can make informed decisions, adapt to changing circumstances, and position yourself as an expert in your field.
Cultivate Resilience. Entrepreneurship is a challenging endeavour, often marked by setbacks and failures. To navigate through these hurdles, it is crucial to cultivate resilience. Successful entrepreneurs view failures as learning opportunities and bounce back stronger. They develop a positive mindset, practice self-care, and surround themselves with a support network that encourages them during tough times. By embracing resilience, you can overcome obstacles, stay motivated, and persevere on your entrepreneurial journey.
Foster Creativity. Creativity is at the heart of entrepreneurship. To nurture your entrepreneurial spirit, make creativity a daily habit. Allow yourself to think outside the box, challenge conventional wisdom, and explore new ideas. Engage in activities that stimulate your creativity, such as brainstorming sessions, mind mapping, or artistic endeavors. By fostering creativity, you can generate innovative solutions, differentiate yourself from competitors, and seize new opportunities.
Practice Effective Time Management. Time management is crucial for entrepreneurs who juggle multiple responsibilities and tasks. Develop habits such as setting clear goals, prioritising tasks, and utilising productivity tools. Identify your most productive hours and allocate them to the most critical activities. Additionally, delegate tasks and outsource non-essential activities to free up your time for strategic decision-making and growth-oriented pursuits. Effective time management will enhance your productivity, reduce stress, and enable you to make the most of each day.
Build a Strong Network. Successful entrepreneurs understand the power of networking and relationship building. Cultivate the habit of attending industry events, joining professional organisations, and actively engaging in online communities. Surround yourself with like-minded individuals, mentors, and potential partners. By building a strong network, you gain access to valuable resources, receive guidance from experienced entrepreneurs, and open doors to new opportunities.
Develop Effective Communication Skills. Effective communication is vital for entrepreneurs, whether it’s pitching ideas to investors, collaborating with team members, or connecting with customers. Practice active listening, articulate your thoughts clearly, and develop strong interpersonal skills. Embrace different communication channels, including public speaking, writing, and digital platforms. By honing your communication skills, you can convey your vision persuasively, build strong relationships, and inspire others to support your entrepreneurial endeavors.
Embody Adaptability. In today’s fast-paced business environment, adaptability is essential for entrepreneurial success. Develop the habit of embracing change, seeking feedback, and staying flexible in your approach. Be willing to pivot when necessary and adjust your strategies based on market trends and customer feedback. By embodying adaptability, you can stay ahead of the curve, seize emerging opportunities, and navigate through uncertain times with confidence.
Prioritise Self-Reflection. Entrepreneurs often get caught up in the daily grind and neglect self-reflection. However, taking time to evaluate your progress and introspect is crucial for personal and professional growth. Cultivate the habit of journaling, meditation, or mindfulness practices. Reflect on your accomplishments, challenges, and areas for improvement. By prioritising self-reflection, you gain clarity, make better decisions, and develop a deeper understanding of yourself and your entrepreneurial journey.
Embrace Risk-Taking. Entrepreneurship inherently involves taking risks. To nurture your entrepreneurial spirit, develop a habit of calculated risk-taking. Understand the potential rewards and consequences of each decision, conduct thorough research, and trust your instincts. Learn from failures, iterate, and adapt. By embracing calculated risk-taking, you can uncover new opportunities, gain a competitive edge, and propel your entrepreneurial ventures forward.
Practice Resilience. Resilience is the ability to bounce back from setbacks and challenges. As an entrepreneur, it is crucial to develop resilience as a daily habit. Surround yourself with a supportive network, take care of your physical and mental well-being, and maintain a positive mindset. View failures as learning experiences, embrace challenges as opportunities for growth, and persevere in the face of adversity. By practicing resilience, you can overcome obstacles, maintain your focus, and ultimately achieve long-term success.

Nurturing an entrepreneurial spirit requires the cultivation of specific habits that foster personal growth, resilience, and adaptability. By embracing continuous learning, cultivating resilience, fostering creativity, practicing effective time management, building a strong network, developing effective communication skills, embodying adaptability, prioritising self-reflection, embracing risk-taking, and practicing resilience, you can enhance your entrepreneurial mindset and increase your chances of success. Incorporate these habits into your daily routine, and watch yourself grow into a successful and thriving entrepreneur.

BUSINESSRISKTV PICK THE WINNING HORSES IN BUSINESS

Develop Innovative Business Ideas and Plans To Grow Your Business Faster

How to grow business tips with BusinessRiskTV.com

Use innovation to give your business a competitive edge. Grow your business faster. Learn how to grow your small business with marketing from BusinessRiskTV.

Enter code #GrowMyBusiness

How To Expand Business Tips

Learn how to grow a business lessons from leading entrepreneurs, management consultants and key business decision-makers in business.

Develop a new business expansion strategy with BusinessRiskTV.com

Access tips opinion and analysis of how to grow your small and medium sized business. Pick up real life practical tested ideas from successful business executives.

New strategies for growing your business

Faster growth ideas are easy to implement with BusinessRiskTV and its sister websites and business partners. Discover innovative business solutions will you you to grow your business faster.

Marketplaces	Exhibitions
Save Money	Risk Magazine

Discover new ways to protect and grow your business with BusinessRiskTV

#BusinessRiskTV #GrowYourBusiness #StartBusiness #BusinessGrowth #GrowMyBusiness

Develop Innovative Business Ideas and Plans To Grow Your Business Faster

How Do You Assess Business Risks

Business risk assessment tools techniques and tips with BusinessRiskTV.com

Identify and assess your business risks. Identify risks to your business objectives. Control strategic operational and project risks. Prioritise the use on your limited resources after assessment of the key risks.

Subscribe to BusinessRiskTV for free alerts and bulletins on how to assess business risks

Enter code #RiskAssessments

Business Risk Assessment and Management

Learn how to assess risk and create a risk management plan to improve business performance. Identify cost effective controls to mitigate and reduce risks.

Managing Business Risks Better with C&C Associates

Evaluate business risks. Identify and assess factors with downside impact on corporate objectives, or upside potential to boost business performance.

Find out about a different more risk based approach to planning your business’s future success.

Develop a new process of identifying risks, assessing risks and developing new strategies to manage risks facing your organisation.

Manage the internal risks and external risks facing your business better

Learn from peers and risk assessment experts. Continuously improve your own risk assessment process. Pick up tips on how to embed and integrate risk assessment into your enterprise’s strategic, operational and project decision-making.

Regularly meet online wherever you are in the world to speak to your peers and risk assessment experts. Collaborate on agreed risk assessment projects or learn during risk assessment workshops to improve your risk knowledge and risk management skills.

See a different risk perspective based on others experiences and risk knowledge that will provide a different enterprise risk insight
Improve the effectiveness of your risk assessment process to boost your enterprise performance
Like minded individuals working to improve risk assessment best practices
Improve your corporate risk and strengthen your resilience

Learn how to assess business risks

iso 31010 Risk Management and Risk Assessment Techniques Guidance

Risk Management Think Tank BusinessRiskTV Risk Experts

Global Risk Insights BusinessRiskTV Business Insights Consulting

Marketplaces	Exhibitions
Discounts	Magazine

Enterprise Risk Management Online Workshops — Register for free alerts to Risk Management Online workshops

#BusinessRiskTV #RiskAssessments #ISO31010 #RiskManagement #EnterpriseRiskManagement

BusinessRiskTV How Do You Assess Business Risks

Learn Enterprise Risk Management ERM

Improve your business performance with BusinessRiskTV.com enterprise risk management training courses.

Do you want to manage enterprise risks better?Develop your enterprise risk management knowledge. Practical enterprise risk management training courses online and in classroom.

Expand Your Risk Knowledge of Enterprise Risk Management ERM

Learn how the ERM discipline can benefit your business performance. Internal and external risks can have a downside impact on your organisation’s ability to achieve its objectives. The flipside is that they can have an upside potential on your business success.

Enterprise risk management ERM is a holistic integrated approach to business decision-making. A risk based approach moves away from the simple bean-counting approach of financial risk to explore the true impact on your business of enterprise risks.

We have a range of enterprise risk management services including training, mentoring and business promotion to ensure that the upside potential of risk is not lost in your business strategy.

Contact us to schedule a free online meeting to discuss your business needs;
We will present a report recommending action to reduce uncertainty in your business planning;
Implementation of the recommendations will involve working in partnership with you to achieve your objectives.

Benefits Of Enterprise Risk Management ERM

Business Risk Consulting and Business Risk Management Training — BusinessRiskTV Risk Management Services

Learn Enterprise Risk Management ERM

The BusinessRiskTV Marketplace

Building Resilience in Business

Tips To Deal With Uncertainty

How are you preparing for increased demand in UK

Technology Risk Management News and Reviews

Bank Of England Monetary Report February 2021

Business Planning for Growth Workshop Risk Management Toolbox Talk

Comprehensive and Progressive Agreement for Trans Pacific Partnership CPTPP Business Development with UK

Evaluate If Your Business Is Ready

Improve Risk Management with BusinessRiskTV Toolbox Talk

Pro Risk Manager SignUp

Business Threats and Opportunities Live

Discover innovative solutions to common business issues

BusinessRiskTV Insurance Experts Magazine 15 January 2021

Rethinking and Re-purposing Your Business During Uncertainty

Survival strategies in business

Top Business News Today

Business Intelligence Magazine

Enterprise Wide Risk Management Magazine

Balancing Risk and Reward

Importance Of Risk Taking In Business

Grow Your Business In London Marketplace More Profitably

Online Marketplace Consultants

Effective Virtual Workshops

Enterprise Risk Management Best Practices Explored Online With BusinessRiskTV.com

Business Uncertainty Management

Supply Chain Risk Assessment Coach

Fire Risk News UK October 2020

Business Risk Profile Assessment

Improving Todays Technology For Better More Resilient Future

Identifying and assessing using environmental products and services to develop international trade

Ineffective Risk Management

Pandemic Threats and Opportunities Risk Management Toolbox Talks

Inequality Risks

Innovation Risk

4ir Risks Management

Look at your business risks through the eyes of other business risk management experts

Gross Domestic Product at market prices: Current price: Seasonally adjusted £m. Source: UK Office for National Statistics ONS.

UK Housing Market Review November 2020

Financial Services The EU New York and the UK

Go big or go home with BusinessRiskTV in 2021

Put yourself forward as business risk expert at future risk management workshops

Improve Risk Management

The reason risk managers fail

The blurring of lines between old world car manufacturers and hi-tech new world manufacturers continues in world of 4IR

USA Business Risk Management Magazine

Subscribe for free for alerts to future USA Business Leaders Forum Online Events to protect and grow your business in America

Subscribe to Canada Business Forum

BusinessRiskTV Safety Management Forum

Get Help To Grow Your Business Faster – BusinessRiskTV.com

Enter code #NorthernPowerHouseForum

Enter code #BusinessDisruption

Enter code #BusinessRoadMap

Risk Appetite and Risk Tolerance

#GlobalBusinessRisks

Enter code #Marketplaces

Enter code #GadgetsMarketplace

Enter code #StudentMagazine

Enter code #AsbestosForum

Enter code #ChemicalsIndustryForum

Enter code #ElectronicsForum

Enter code #EnterpriseThoughtForum

Enter code #FleetRiskForum

Enter code #FMCGforum

Enter code #HealthcareRisks

Enter code #OperationalRisksForum

Enter code #PharmaceuticalIndustryForum

Enter code #PolitcalRisksForum

Enter code #RiskCentre

Enter code #SafetyForum

Enter code #SupplyChainRisksForum

Enter code #RMIS

Enter code #RetailBusinessRiskExperts

Enter code #AsiaPacificExhibition

Enter code #HullMarketplace

Subscribe to South Africa Exhibition Online

Enter code #360Business

Enter code #TransportLogisticsForum

Leeds Online Marketplace

Enter code #MumbaiMarketplace

Enter code #DelhiMarketplace

Enter code #NewYorkMarketplace

Enter code #ParisMarketplace

Enter code #SeoulMarketplace

Enter code #ZurichMarketplace

Enter code #MiddleEastExhibitions

Enter code #AmericasExperts

Enter code #ERMexperts

Enter code #EnterpriseRiskExperts

BusinessRiskTV Enterprise Risk Management ERM Magazine

BusinessRiskTV Enterprise Risk Management Think Tank

Subscribe to list your Risk Management Company and enter code #RiskDirectory

Berkshire Magazine Subscription enter code #BerkshireMagTV

Enter code #BucksBusiness

Enter code #DorsetOnline

Enter code #HampshireOnline

Enter code #LeedsOnline

Enter code #LiverpoolOnline

Enter code #BusinessRiskTVnews

Enter code #OxfordshireOnline

Enter code #SuffolkOnline

Enter code #RiskAcademy

Enter code #eLearningRiskMgt

Enter code #ERMconference

Enter code #ERMtraining

Enter code #OffersOnline

Enter code #BusinessRiskTVtips

Enter code #GadgetsOnline

Enter code #DisabilityMagazine

Enter code #CanberraOnline

Enter code #CardiffOnline

Enter code #ChicagoOnline

Enter code #DublinOnline

Enter code #EurozoneOnline

Enter code #GlobalEconomy

Enter code #DigitalGuru

Enter code #FranceOnline

Enter code #HongKongOnline

Enter code #ChinaOnline

Enter code #JobSearch

Enter code #ScotlandOnline

Enter code #BusinessVlogging

Subscribe to BusinessRiskTV.com for free enter code #StrategicPlanning

Subscribe to BusinessRiskTV.com Ireland Online enter code #IrelandOnline

Learn how to grow your small business enter code #BusinessGrowth

Subscribe to BusinessRiskTV.com for free enter code #BrexitRisk

Subscribe to BusinessRiskTV.com Asia Pacific Online enter code #AsiaPacific

Subscribe to BusinessRiskTV.com for free enter code #MexicoOnline

Subscribe to BusinessRiskTV.com Spain Online for free enter code #SpainOnline

Subscribe to BusinessRiskTV.com Manufacturing Business Forum for free enter code #ManufacturingForum

Subscribe to BusinessRiskTV.com Automotive Industry Forum for free enter code #AutomotiveWorld

Subscribe to BusinessRiskTV.com Corporate Governance Tips for free enter code #CorpGov

Subscribe to BusinessRiskTV.com Virtual Exhibitions Online enter code #OnlineExhibitions

Subscribe to BusinessRiskTV.com for best shopping deals discounts special offer alerts for free enter code #BuySellOnline

Subscribe to BusinessRiskTV.com for free enter code #BusinessExperts

Subscribe to BusinessRiskTV.com for free enter code #FarmJobs

Subscribe to BusinessRiskTV.com for free enter code #TrainingCourses

Subscribe to BusinessRiskTV.com Overcoming Trade Barriers enter code #OvercomingTradeBarriers

Subscribe to BusinessRiskTV.com Social Media Marketing Consulting Services enter code #SocialMediaMarketing

Subscribe to BusinessRiskTV.com for free enter code #InternationalRiskSpecialists

Subscribe to BusinessRiskTV.com for free enter code#LondonBusinessForum

Connecting UK suppliers and buyers online

The High Street will become a bigger part of the community not less

Protect Business Better In Toronto Grow Faster with BusinessRiskTV.com

Tokyo Online Marketplace with BusinessRiskTV.com

Grow business faster in Johannesburg with less uncertainty

Glasgow Online Marketplace

Grow your business in Edinburgh with less uncertainty

Enterprise Risk Management ERM Magazine

BusinessRiskTV Business Risk Watch

BusinessRiskTV Business Enterprise Risk Management Academy

BusinessRiskTV Business Agony Uncle

Managing Risks To Business Better To Improve Business Results

BusinessRiskTV Sponsorship Opportunities

Leadership and Management Courses

Types and nature of key business risks

Exploring Industry Risk Factors Including Emerging and Developing Risk Analysis and Risk Management

BusinessRiskTV Online Business Risk Manager Service Helping Leaders To Lead On Risk

Business and Economy Risk Analysis

BusinessRiskTV Risk Management Services

Online Shopping Emporium With Range Online Products and Services To Buy or Sell More Profitably Online

Sell more online with our digital marketing and eCommerce services

Join our online meeting place

BusinessRiskTV Risk Partners

Hot Deals Online

Innovation In Business

Find and apply risk jobs in London on BusinessRiskTV

When Should I Switch Jobs

The BusinessRiskTV Business Risk Management Marketplace

Find Out More About Business Innovation Opportunities and Ideas for Business Click Here

Subscribe to BusinessRiskTV for free CLICK HERE

Find out how to embed enterprise risk management into your organisation CLICK HERE

Find out more about better ways to protect and grow your business with less uncertainty

Take Back Control Of Your Future Business Success With BusinessRiskTV

Join our 360 Business Club to protect your business better and grow faster with less uncertainty impacting on your business objectives

Find risk management training course discounts in our BusinessRiskTV Risk Management Marketplace

Strategies to improve business performance with BusinessRiskTV ERM 365 Club. Learn how to increase business growth with less uncertainty.

Develop holistic approach to business management with BusinessRiskTV

Scanning Horizon For Business Threats and Opportunities

Inform your business decision making

Corporate Risk Management In The Spotlight

BusinessRiskTV Business Risk Management Solutions

Do not press the panic button

Misconception Of Actual Real Risks Can Destroy A Good Business

Business and The Economy News With BusinessRiskTV

How To Grow Your Business Online Presence

BusinessRiskTV business connections and networking services can help your business grow faster with less uncertainty

Online Exhibition Platform With BusinessRiskTV

How to reduce uncertainty in business with BusinessRiskTV

Learn how to start and grow your business online today with BusinessRiskTV

How to drive a business forward with BusinessRiskTV

Help the UK economy recover from coronavirus pandemic by spend spend spending more

Automotive Industry Startup News For Wales and UK

Business Risk Management Magazine Free Subscription

Sell Internationally Online With BusinessRiskTV

U.S. New Home Sales June 2020 According To The Commerce Department

BusinessRiskTV Top Business News

UK coronavirus recovery requires us to be brave and borrow even more when money is so cheap to invest in our future tomorrow to benefit us today

France Business Risk Review August 2020

Subscribe for free alerts to upcoming online Edinburgh forum for business leaders email editor@businessrisktv.com entering code #MarketplaceEdinburghForum

London News Opinions Reviews

Top Business Thought Leaders On Business Growth For London Marketplace

Improve your risk knowledge to solve business problems today and in future

Unique Ways To Increase Sales

Virtual Exhibition Platform To Showcase Your Business Products and Services To Buyers Already Interested In Your Type Of Business Offering

eCommerce Virtual Assistant To Grow Your Online Revenue Faster

Business Coaching Services

Risk Assessment Questions and Answers

Risk Management Magazine

Supply Chain Risk Management Forum

Conversions from commercial to residential property could help solve housing crisis and missing business rates UK

Failure to manage business risks does not always mean failure of risk managers

BusinessRiskTV UK News

Business Growth and Change

What Will Threaten Your Business This Year

Maximising value by engaging stakeholders in business strategy

More business risk management articles videos and cost reduction ideas

Change management tips advice and support from BusinessRiskTV

More business risk management articles videos and cost saving tips

Calculated Risk Taking In Business In 2023

Top 10 business risks to manage in 2023:

Example of business risk management action plan for leaders for each 2023 business risk in table

Why business leaders need to create their own business risk management action plan to manage these key business risks facing their business in 2023

Who should be preparing a risk management action plan to manage business risks in 2023?

How can you get help to prepare your business risk management plan and implement a more effective risk management strategy to boost your business resilience and performance?

Subscribe to BusinessRiskTV for free

More business risk management articles videos and deals

Pro Risk Managers exploring world of business risks and risk management solutions to survive 2023 and boost own business performance through and out of recession

What should you be worried about as business leader in 2023?

More ways to protect and grow your business faster

Economic Forecast 2024

Will you be unscathed from, or even benefit from, global financial tsunami?

How likely is a global economic collapse?

How did we get here?

How do we dig ourselves out of this hole we dug for ourselves or how does your business stop itself from falling into the hole with everyone else?

What is within your control to manage the risks to your business in 2023?

How can we make faster and better business decisions?

How to improve decision-making in business

How to improve decision-making in business

Guide your business through the coming uncertainties of your business environment

Your strategic operational and project decisions will create or destroy your future success in business

How can a business grow in uncertain times

Work on the best strategy for your business in these highly uncertain times

Decision making under uncertainty

A recession, even a depression, can be a good tome to beat your competition through business growth

Work with us to learn how to succeed in uncertain times

Embracing Risk in Business: Overcoming Failure and Breaking the Status Quo Trap

Promoting your business

More business risk management articles videos and reviews

How do you use risk based approach in business

Business questions and answers

Finding answers to your questions

Business Experts Hub

It’s okay is you don’t have all the answers

How to find the answers to your key business risk management questions

Overcoming Choice Paralysis with BusinessRiskTV Business Experts Hub

Learn how to deal with choice overload in business

The biggest risk is taking no risk at all

Why taking no risk is the biggest risk

Subscribe for free alerts to BusinessRiskTV latest business risk management news and reviews

Subscribe for free alerts and updates on latest risk management tips News and reviews

Enterprise Risk Management Magazine

Risk Reviews By Country and Industry

The Risk Expert Live

Business Risk Management Training

Business Networking Online

How do you survive and prosper in business?

Business Survival Strategies and Tactics

How do you ensure business survival

Top Business Survival Tips

Survival Strategies In Marketing

Subscribe to BusinessRiskTV for free to receive alerts on latest business risk analysis and ways to manage risks better

Taking Risks To Achieve More In Business With BusinessRiskTV

Success normally comes from taking controlled risks not hunkering down, crossing fingers or hoping it will work out for you

Learn how to improve your business decision-making capability to boost your business performance

Risk Management Online

Manage your business risks more proactively

Strategic Decision Making For Business

Subscribe to BusinessRiskTV for free

More risk management articles videos and deals

How can business leaders change business performance with a more risk based approach to business management?

Do you want us to help your business grow faster

Around BusinessRiskTV

Get In Touch

Related Business Risk Management Topics

Find out more about enterprise risk management ERM video consultation online with BusinessRiskTV

Enterprise Risk Management Consulting and Training

Enterprise Risk Management Expert Mentors

Enterprise Risk Management Virtual Classroom Training and Online Virtual Events

Promote and market your business on BusinessRiskTV for 12 months

Enterprise Risk Management ERM Online Solution and Courses With BusinessRiskTV

Enterprise Risk Management Workshop

Subscribe to BusinessRiskTV for alerts bulletins and reviews on enterprise risk management ERM training courses

Read articles and watch videostream on Enterprise Risk Management ERM

Objectives of Enterprise Risk Management ERM