Risk Management magazine for professionals consultants and executive leaders in business and not for profit organisations. Read risk management articles and watch videos to inform your business decision making process. Improving the quality of your business decisions to improve your business performance with BusinessRiskTV Enterprise RiskManagement ERM Magazine free online. Read our enterprise risk management consulting and training services reviews.
BusinessRiskTV Enterprise Risk Management Magazine is a monthly online magazine that provides articles, videos, and podcasts on risk management. The magazine is aimed at business professionals who are interested in learning more about risk management and how to improve their businesses’ risk management practices.
The magazine’s content is written by experts in the field of risk management and covers a wide range of topics, including:
The latest news and developments in risk management
Best practices for risk management
Case studies of successful risk management initiatives
Tips for managing risk in specific industries
The magazine also features a regular column by Keith Lewis, the founder of BusinessRiskTV. Lewis’ column provides insights and advice on risk management from his 20 years of experience in the industry.
BusinessRiskTV Enterprise Risk Management Magazine is a valuable resource for business professionals who are looking to improve their risk management practices. The magazine’s content is informative and engaging, and its experts provide valuable insights and advice.
Our business intelligence tools and techniques protects your business better. Grow more sustainably with less uncertainty. Look to the horizon to see the threats and opportunities. Put in place the best risk management action plan.
Analyse emerging risks and developing existing risks
Develop your knowledge of your target country corporate risks
Cover risks across many sectors of business
Understand specific business risks better
Gather organise and analyse corporate risk information. Inform your business decision making. Make better decisions.
Assess the pros and cons of your current business strategy
Measure the upside and downside risk of your business strategy. Use a holistic risk based approach to reduce uncertainty. Develop business intelligence techniques for better decision making.
Process of business opportunity identification and evaluation
Identify and evaluate all the opportunities for a better future for your business. Proactively keep all business opportunities under review and assess the potential outcomes of pursuing each opportunity. Focus your resources on winners using a risk-based decision-making process. Optimise the return of your investment of time and money. Create greater value and optimise outcomes.
Optimise Risk For New Business Opportunities For Your Company
How do you become more successful as a leader? The answer is to reduce the risks and maximise the opportunities for our company.
It is most certainly a challenge to grow a business faster with less uncertainty, but that is what we help business leaders do. Don’t miss out on the new opportunities for your business to grow faster. Minimise the extra threats from taking more risk and maximise the opportunities for your business with your existing resources.
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What has worked in the past will probably work quite well in future, but we are thinking differently to find ways that will work better for business. Thinking differently about business threats and opportunities to build resilience and greater success.
Exploring business innovation and new ways of doing things that are better for all business stakeholders.
Helping to inspire business leaders to achieve more with existing resources.
Collaborating with realistic pragmatic people.
Guiding like-minded individuals around the world.
Bringing entrepreneurs and business leaders together to work on future today.
Are you happy with the way your business is performing? Could you squeeze more out of your existing business assets to achieve more? Great change can come from thinking differently together. Take the first step to changing your business for the better by contacting us now below and enter code #ThinkingDifferently
BusinessRiskTV.com will help you grow locally and globally. Invest a little of your time now in your future business growth. Use our tools to make your business gorw faster. Now is the right time to consider your future with a local and global business expansion strategy.
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BusinessRiskTV.com How To Expand Your Business Internationally and Locally
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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.
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.
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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.
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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.
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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.
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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
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Beating your competitors to top high performing talent
Fill your skills gaps faster to increase your business productivity with better access to more high-performing recruits. Attract develop and retain talent your competitors can’t find or attract.
A growing skills gap in the UK Australia and USA will hold back organisations who are not more innovative and creative with their recruitment process. It is one of the biggest threats to corporate objectives this year.
Retaining increasingly expensive employees is also key to improve business model sustainability.Its more profitable to keep talented high performers. They have the skills and knowledge to help you grow faster and replacing them will impact on your profit and make it less likely you will achieve your business objectives.
So you’ve got talented staff but how do you turn them into high performers
Attracting and retaining the best employees can be supported by selling and delivering better employee engagement strategy. Engage your employees more to help you achieve your business objectives with more certainty.
Recruitment strategies to attract and retain talent in UK
How do you attract the right employees to help you improve your business performance? Many employees are looking for an opportunity to help your business grow faster. To retain such employees you need to develop them to help develop your business.
We can work with you to turn new recruit enthusiasm into improved results working together with more established employees who know your business processes and objectives well.
There is enormous costs associated with recruiting employees. What a waste to let this talent pass leave quickly through high turnover of staff. Work harder at retaining staff and not only will you boost your business performance, but you will reduce your recruitment costs, as people will stick with you, not leave to join your competitor.
Get help from BusinessRiskTV to help you attract and retain the best people in the UK. Increase your chances of business success by developing your existing business leaders to implement a new improved business strategy.
High employee turnover costs you time, money and your personal productivity. Top talent is hard to attract and even harder to keep. Adopt new more creative ways to source, select and retain talented employees.
Reshape and redefine your employer-employee relationship. Learn more about more creative ways to attract employees, help them perform better to keep them longer
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Risk management tools and techniques too support enterprise risk management framework
Upgrade your framework for implementing risk management. Pick up more information on designing the risk management framework that supports your risk management process. Define your risk management framework for supporting enterprise risk management principles and practices. If you have the mandate and commitment for enterprise risk management from the top of your organisation you can begin building the risk management framework to make the risk assessment process work well.
Get help restructuring your risk management framework
You need to clearly define where you are now and where you want to be including the benefits you want from embarking on embedding enterprise risk management.
What is the context or reasons for wanting to change the way you manage risks?
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Develop you own risk management policy and communicate it to all stakeholders in the business. Work on what you need to do to embed enterprise risk management within your normal business decision making process.
Implement your new enterprise risk management framework
Implement your chosen risk management process
Monitor review and update your risk management systems
Constantly work at improving your risk management framework.
Your risk management framework should clearly define how you are going to communicate your enterprise risk management policy and procedures. Key people in the enterprise risk management framework should have clearly defined roles and responsibilities to support the risk management process.
Your risk management strategy should set out the objectives that risk management activities in the organisation are seeking to achieve.
Create a risk management framework to support better enterprise wide decision making
Recommended enterprise risk management articles and videos
Read more about governance risk and compliance GRC
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Could you be wasting your business resources? Could you achieve more with the business assets you already have? Find out how to protect and grow your business faster with less uncertainty.
Will your strategy for business success fail or fail to achieve more?
Analysing your business strengths weaknesses opportunities and threats will help you understand your business better and the marketplace within which you need to succeed. By identifying where you are now within the market will facilitate any assessment of the best strategies for future business success.
Decide how best to allocate your limited resources to get the best return of your invest of money and time
Assess which weaknesses and threats to mitigate and which to accept
Assess which strengths you need to capitalise upon
Assess which new business opportunities will bring greatest reward from the same cost of capital and management time.
Set a new strategy for business success with more confidence
Not only must you protect your business but you must explore the opportunity cost of not doing something that could bring greater rewards with the same cost.
By getting the most from your money and time you can maximise the profitability of your business.
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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.
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.
We are linking up with people around the world to be more innovative and to sell more profitably
It’s a big world out there! A lot of people or other businesses need what you are offering. They just need to know why you are the better than your competitors at delivering what you are offering.
We are working with like-minded individuals around the world to create new business opportunities for everyone on the bus.
LinkedIn Risk Management Online group members number more than 27,000
BusinessRiskTV members work for mutual benefit and business growth. Complete the form at the bottom of this page and enter code #BusinessRiskTV
One quick way to keep up with developments so that you can hop on the bus at the right time for you is via Twitter @ERMuk
Use our tools and techniques to boost your business opportunities around the world. We can help you develop new income in your normal markets but we encourage you to look beyond the norm and aim for global domination!
Keep up to date with latest global risks that could impact on your business objectives with BusinessRiskTV
How can business leaders inform knowledge about global risk events that could impact on business decision-making?
Register for business risk management reports and risk management newsletter. Want to understand how risk could impact on your business? Get the latest business risk management reports and risk analysis reviews from BusinessRiskTV.
Understanding global risks is important for all business leaders. Identifying and assessing the global risks is not a once a year task.
Existing risks will morph into bigger risks to your business
Small smaller risks will combine to create an aggregate risk that could even threaten the survival of your business.
Emerging risks not obvious at the time of the report, could subside and just be accepted or they could gather momentum and threaten business objectives.
In addition the risks that could threaten some businesses could present an opportunity for your business to grow faster but if you miss the start of the opportunity you could miss the boat entirely or fail to maximise the potential rewards from the opportunity.
Unlike other less dynamic reporting systems companies or entitys BusinessRiskTV will provide you with regular risk reports to help you manage enterprise risks more proactively to mitigate threats to your business better and seize new business development opportunities earlier.
In short, BusinessRiskTV is less about looking back and offering expert risk reports with hindsight and more about looking forward with more dynamic forecasts backed up with practical risk management solutions for both the upside and downside aspects to global risks as it affects your business wherever you are in the world.
Filtering the global risks noise for your business
BusinessRiskTT will reduce the effort required to identify what your business needs to do next after assessing the magnitude of the risk to your country or industry in easy to understand language.
Take proportionate action to mitigate threats to your business
Evaluate and act on potential opportunities
Better protection faster growth in 2018
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How do you assess risks in business?
Global Risk Events, Risk News and Economic Opinions
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
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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.
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!
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.
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.
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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.
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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.
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.
Know with more certainty what your business could achieve if it makes some changes.
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.
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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.
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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 momentum 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
Building better enterprise risk management framework with BusinessRiskTV
Functions Of Risk Management Department
The risk management team or department should facilitate improved enterprise decision making to boost business performance. Risk management principles practice and process should increase the efficiency and effectiveness of the business. The business leaders will be able to take more risk consciously as opposed to unconscious acceptance of higher risk levels.
What is the right level of risk will depend on the risk appetite and risk tolerance of the business leaders. There maybe nothing wrong with a high corporate risk exposure to achieve business goals and objectives as long as you know how exposed the business is and put in suitable risk control measures.
iso 31000 Risk Management Principles and Guidelines
Adopting the principles practices and processes of iso 31000 will increase the likelihood of a business strategy being a success. It will also reduce the level of uncertainty that can accompany more challenging business objectives.
Enterprise risk management is not a once in a business lifecycle activity. It is a continuous activity that supports business development and implementation of a more risk aware business strategy.
Enterprise Risk Management Framework
Use an enterprise risk management ERM framework to help you develop an effective business management strategy that protects your business assets and helps you grow faster.
A robust enterprise risk management framework will help embed a more risk aware culture up and down the organisation.
An effective risk management system will require a clear role for the risk management function in the business. The risk management function in the business can only develop added value for the organisation if it is fully supported in the boardroom. With the board behind the risk management function, all levels of the organisation will develop enhanced risk management capability enhanced by the risk manager or risk management team.
The risk management function will support corporate governance and risk oversight but cannot control corporate risks on its own.
Risk Management Function Supports Risk Identification Risk Assessment and Risk Control
However the risk management function does not control corporate risks on its own.
The risk management function is integral to the risk management process but it isn’t the sole component of the risk management process.
The risk management function educates informs and trains all levels of the organisation to assess prioritise and control corporate risks. It enables business leaders to manage enterprise risk better.
The risk management function helps to develop and embed risk control techniques to reduce the likelihood of losses and the size of losses. It should also identify, assess and help seize business development opportunities.
Do you want help developing your enterprise risk management function?
BusinessRiskTV on promoting a more positive safety management culture in the UK. Good safety management practices can improve business performance. Understanding how to manage safety risks better will help business leaders understand how their business is working in areas that are not safety related.
Benefits Of A Positive Health and Safety Culture
Successful businesses have positive risk management cultures including positive safety management systems procedures and processes. Good businesses tend to have good safety management systems.
Promoting good health and safety culture is about changing attitudes at all levels of the organisation from the top down. Changing behaviour begins with changing attitudes to risk and everyone has to take responsibility for safer working environment.
Just as managers and co workers can facilitate or encourage poor safety practices, managers and co workers can promote better safety management practices.
Our guide to the features and benefits of a positive safety management culture :
Download free safety management guides and whitepapers. Tune in to our online safety management guidance webinars to learn how to improve safety management in your business or public sector enterprise.
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Get Help To Protect and Grow Your Business
Access risk management solutions for your business or enterprise. Improve your inadequate failing or poorly performing business processes people or systems. Protect your business better from external and internal risk factors.
Enhance your risk based decision making and improve the risk management capability of your key assets your employees
Upgrade your operational risk management strategy. Ensure your operational risk management strategy supports your strategic business enterprise goals. Protect the reputation of your business brand.
Build on the stability of your business to date and grow faster with less uncertainty.
Identify evaluate and mitigate all commercial risks
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Entrepreneurship tips advice and support on BusinessRiskTV. Entrepreneur business articles. Entrepreneurs sharing best practices to help other entrepreneurs. Find best entrepreneur and business forums for your business ideas and problems.
Take control of your future for more successful outcomes. Identify assess and manage future risks today. Make the future you want for your business by being better informed via our horizon scanning services.
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Identify a suitable business mentor to make progress faster and reduce uncertainty. Ask top business leaders to share their advice for entrepreneurs. Use our business coaching webinars to find out more about best working practices.
Great Marketing Solutions for Every Business Owner with BusinessRiskTV
BusinessRiskTV Marketing Solutions
As a business owner, it’s essential to find the right marketing solutions that can help you attract new customers, increase your brand awareness, and ultimately grow your business. However, with so many marketing channels and strategies available, it can be challenging to know where to start and what to focus on.
Fortunately, BusinessRiskTV is a platform that offers great marketing solutions for every business owner, regardless of their size or industry. In this article, we’ll explore some of the best marketing solutions offered by BusinessRiskTV and how they can benefit your business.
BusinessRiskTV Directory Listing One of the simplest yet effective marketing solutions offered by BusinessRiskTV is their directory listing service. By listing your business on their directory, you can increase your online visibility and make it easier for potential customers to find you.
BusinessRiskTV’s directory is organised by industry and location, making it easy for users to find businesses that match their needs. By listing your business on their directory, you’ll also benefit from increased exposure to BusinessRiskTV’s user base, which includes business owners, entrepreneurs, and investors.
BusinessRiskTV Video Marketing Video marketing is becoming an increasingly popular way for businesses to reach new customers and engage with their existing ones. BusinessRiskTV offers a range of video marketing solutions, including:
Video production: BusinessRiskTV can help you create high-quality videos that showcase your products or services, share your brand story, or provide educational content that helps your customers.
Video hosting: Once your videos are produced, BusinessRiskTV can host them on their platform, making it easy for you to share them on social media or embed them on your website.
Video promotion: BusinessRiskTV can also help promote your videos to their user base, increasing your exposure and engagement.
BusinessRiskTV Social Media Marketing Social media is a powerful tool for businesses to connect with their customers and build brand awareness. BusinessRiskTV offers a range of social media marketing solutions, including:
Social media management: BusinessRiskTV can help you manage your social media presence by creating and scheduling posts, monitoring your accounts for engagement, and providing analytics to track your progress.
Social media advertising: BusinessRiskTV can help you create and run social media ads that target your ideal audience and drive traffic to your website or landing pages.
Influencer marketing: BusinessRiskTV can connect you with social media influencers who can help promote your products or services to their followers.
BusinessRiskTV Content Marketing Content marketing involves creating and sharing valuable content that attracts and engages your target audience. BusinessRiskTV offers a range of content marketing solutions, including:
Blogging: BusinessRiskTV can help you create and publish blog posts that share your industry insights, highlight your products or services, or provide educational content for your customers.
Email marketing: BusinessRiskTV can help you create and send email newsletters that keep your customers informed about your business and provide them with exclusive offers or promotions.
Whitepapers and eBooks: BusinessRiskTV can help you create longer-form content such as whitepapers and eBooks that provide in-depth information about your industry or products/services.
BusinessRiskTV SEO Search engine optimisation (SEO) is the practice of optimising your website and online content to rank higher in search engine results pages (SERPs). BusinessRiskTV offers a range of SEO solutions, including:
On-page SEO: BusinessRiskTV can help you optimise your website’s structure, content, and metadata to make it more search engine-friendly.
Off-page SEO: BusinessRiskTV can help you build high-quality backlinks to your website, which can improve your search engine rankings.
Local SEO: BusinessRiskTV can help you optimise your website and online listings to rank higher in local search results, making it easier for local customers to find and connect with your business.
BusinessRiskTV Event Marketing Hosting events is a great way for businesses to connect with their customers and build brand awareness. BusinessRiskTV offers a range of event marketing solutions, including:
Event planning: BusinessRiskTV can help you plan and organize events that showcase your products or services, provide educational content for your customers, or build relationships with industry leaders.
Event promotion: BusinessRiskTV can help promote your events to their user base, as well as create and distribute promotional materials such as flyers and social media posts.
Event management: BusinessRiskTV can help you manage your events, from registration and ticketing to on-site management and post-event follow-up.
BusinessRiskTV Branding and Design Branding and design are crucial components of any marketing strategy. BusinessRiskTV offers a range of branding and design solutions, including:
Logo design: BusinessRiskTV can help you create a logo that reflects your brand identity and resonates with your target audience.
Brand identity: BusinessRiskTV can help you develop a cohesive brand identity that includes your logo, colour scheme, typography, and other visual elements.
Graphic design: BusinessRiskTV can help you create eye-catching graphics for your website, social media, and marketing materials.
BusinessRiskTV offers a wide range of marketing solutions that can benefit businesses of all sizes and industries. From directory listings to video marketing, social media management, content marketing, SEO, event marketing, and branding and design, there’s something for every business owner looking to increase their online visibility, attract new customers, and grow their business.
By partnering with BusinessRiskTV, you can access these marketing solutions and benefit from their expertise in the field. They have a deep understanding of the latest marketing trends and strategies, as well as a user base that spans industries and regions.
If you’re looking for great marketing solutions for your business, consider partnering with BusinessRiskTV to take your marketing efforts to the next level.
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Improving Small Business Performance and Sustainability
Developing skills for business leadership. Small business leadership development. Sharpen the saw! Small business leadership training with BusinessRiskTV. Developing your skills will prove helpful in a rapidly changing business environment.
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Do you feel your management skills are maximising the return on your investment of time and money? No? Maybe you need a little help for free to brush-up the way you are doing things to boost your business performance and increase your business sustainability?
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Small business owners and managers could improve the leadership and management skills with BusinessRiskTV. You may well be brilliant at what you do, but how can you inspire and encourage those who work for you to be brilliant too?
Get help to motivate your employees to be more creative and more risk aware. Let them see how this will benefit them personally as well as the business. Your business success may will depend on how inclusive your business culture is.
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BusinessRiskTV hosts leadership skills development events online for free to help entrepreneurs improve what they know and implement knowledge more practically.
What Business Leaders Need to Know Today: Keys to Effective Leadership and Essential Skills
In today’s rapidly evolving business landscape, successful leaders must possess a unique set of skills and knowledge to navigate the complexities and challenges they face. This article explores the essential skills that business leaders need to cultivate and the keys to being an effective leader in the current business environment. Additionally, we will highlight the valuable resources available on BusinessRiskTV.com to assist business leaders in their quest for excellence.
I. Adaptability and Agility: One of the primary skills business leaders need today is adaptability. The ability to respond to change quickly and effectively is crucial in a dynamic market. Leaders should be open to new ideas, embrace innovation, and encourage their teams to think creatively. BusinessRiskTV.com offers insightful articles and resources on change management, strategic planning, and organisational agility, providing leaders with valuable insights into adapting their businesses to thrive in an ever-changing environment.
II. Emotional Intelligence and Relationship Building: Emotional intelligence (EI) is another vital skill for leaders in today’s business world. Leaders must have the ability to understand and manage their own emotions while also empathising with their employees, clients, and stakeholders. Building strong relationships and fostering a positive work culture is essential for long-term success. BusinessRiskTV.com offers resources on leadership development, communication strategies, and employee engagement, empowering leaders to enhance their emotional intelligence and create meaningful connections within their organisations.
III. Strategic Thinking and Decision-Making: Business leaders must possess excellent strategic thinking and decision-making skills. They need to have a clear vision for their organisation and be able to develop and execute effective strategies to achieve their goals. Moreover, leaders must make informed decisions based on data and market insights. BusinessRiskTV.com provides valuable resources on strategic planning, risk management, and market analysis, equipping leaders with the knowledge and tools needed to make strategic decisions with confidence.
IV. Resilience and Risk Management: In today’s uncertain business landscape, leaders must be resilient and adept at managing risks. They should anticipate potential challenges, develop contingency plans, and lead their teams through difficult times. BusinessRiskTV.com offers a wealth of resources on risk management, crisis leadership, and resilience strategies, enabling leaders to proactively identify and mitigate risks, ensuring the continuity and long-term success of their organisations.
V. Continuous Learning and Innovation: Successful business leaders recognise the importance of continuous learning and innovation. They actively seek opportunities to expand their knowledge and skills, staying updated on industry trends, emerging technologies, and best practices. BusinessRiskTV.com provides a platform for leaders to access industry-specific insights, thought leadership articles, and expert opinions, fostering a culture of continuous learning and innovation within their organisations.
VI. Effective Communication and Team Management: Leadership is about effectively communicating goals, expectations, and feedback to team members. Business leaders must be skilled communicators who can inspire and motivate their teams, fostering collaboration and achieving optimal performance. BusinessRiskTV.com offers resources on effective communication techniques, team management strategies, and leadership development programs, equipping leaders with the necessary skills to lead and manage diverse teams successfully.
VII. Ethical Leadership and Corporate Social Responsibility: In today’s business environment, ethical leadership and corporate social responsibility (CSR) are crucial for building trust and maintaining a positive reputation. Business leaders should prioritise ethical decision-making, accountability, and sustainability. BusinessRiskTV.com provides resources on ethical leadership, CSR strategies, and sustainable business practices, guiding leaders in creating a purpose-driven organisation that contributes positively to society and the environment.
McKinsey found recently that a third of buyers would spend up to half a million dollars without speaking to anyone. People just want to know they will be served. It’s not just about relationships. They ask “Where do I access information I need without being in 4 hour zoom call”. Buy risk management support differently. Be served online today 24/7. Achieve what you need for your business more cost effectively more easily with better risk management information and support.
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Business leaders of today face unique challenges and opportunities in a rapidly evolving business landscape. By cultivating essential skills such as adaptability, emotional intelligence, strategic thinking, and resilience, leaders can navigate these challenges successfully. The keys to effective leadership lie in continuous learning, effective communication, and ethical decision-making. BusinessRiskTV.com serves as a valuable resource hub, offering insights and tools that empower leaders to enhance their skills, make informed decisions, and drive their organisations towards long-term success in a rapidly changing world.
The majority act like sheep when the proverbial hits the fan
Conformity Of Global Financial Leaders Led To 2008 Financial Crisis
Global financial leaders made faulty decisions because as a group they lost touch with reality and had an inherent poor moral compass. That has not changed. GroupThink will cause or make worse the next global disaster.
Global Leaders Poor Moral Compass Will Lead To Next Financial Crisis
The financial services industry is like a cartel. It deliberately publishes false economic risk analysis and critically evaluates global risks to benefit the financial services preferred strategic direction. Such groupthink is creating business decision making that will lead to financial failure yet again.
The City is thinking as one to protect The City not to develop a sustainable UK economy. It is fighting to protect itself in the short to medium term. If it succeeds it will miss the opportunities for more rapid business growth and the UK will miss out too.
The financial services industry is a highly cohesive and organised sector of the economy which is massively supported by the media and politicians.
Enlightened Holistic Risk Management Framework and Risk Assessment Process
The saviour of capitalism is the full adoption of enterprise risk management ERM principles and practices.
Enlightened Holistic Risk Management Framework and Risk Assessment Process
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Its about connecting business leaders to local suppliers more easily
Local Suppliers Near Me
The benefits of local sourcing of business products and services are many and varied from environmental benefits to real cost savings to security of supply lines to flexibility of delivery.
In the UK it is more expensive to import goods and services from overseas due to around a 10 to 20 percent fall in the value of the pound against a basket of foreign currencies in the last 12 months. Where there may have been a substantial price difference between imports and domestic suppliers, this has mostly gone as can be witnessed by the fact that the UK is exporting more now that at any time since 1995.
BusinessRiskTV is championing local UK suppliers
We’re helping to connect UK companies with nearby local suppliers when business leaders source new products and services.
Stand out more from the crowd! Support UK businesses. Help promote local business growth by supporting your local business. Get real added benefit from new local suppliers and support them to help your own business needs. Help new local suppliers to grow with you for a long-term business relationship. Develop a more sustainable business model.
Sourcing products from around the world can lead to more cost and more business interruptions and less flexibility in meeting your customer needs.
Develop shorter local supply chains to build your business with more certainty. In a new Brexit world developing more local suppliers will guard against the negative impact of currency fluctuations.
Undertake thorough due diligence to ensure your new local suppliers are not going to increase the risks to your customers. Trust BusinessRiskTV to help you buy local next time.
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Current interest rate in UK is 0.25 percent but this is set to rise in 2017
If the Bank of England pushes up UK interest rate, lenders will follow suit and it will cost you more money to buy a house build that extension lease a new car or invest in your business.
17th October 2017 UK Inflation Rises Even Further Beyond Bank of England Target of 2 percent
UK’s inflation reached 3 percent in September 50 percent higher than targeted according to the Office for National Statistics ONS.
3 percent is the UKs highest inflation level in since April 2012. This is a continuation a rising inflation trend in the UK. This validates the expectation of a UK interest rate hike in November 2017 especially as rising UK inflation should herald rising wages.
Pensioners will definitely win from September’s increase in inflation. UK state pension is linked to September’s inflation rate and this means pensioners will get a 3 percent wage rise next April 2018. The triple lock on pensions means that pensioners are guaranteed a minimum increase each year by whichever is the highest of Septembers inflation rate average earnings growth or 2.5 percent.
If you are planning on borrowing money in UK get in now whilst lenders rates are at their lowest
Could UK interest rates fall even further? Of course they could! Will they? Not on your nelly!
UK interest rate is currently at its lowest. The only way is up but when will they rise? They should have risen by now and as each day passes the likelihood of an increase in interest rate in UK increases.
Currently the UK manufacturing sector is selling more than it has ever done since 1988. Exports are at their highest since 1995. The UK manufacturing sector is trying to recruit more people.
Unemployment is at its lowest rate since the 1970s. Employment rate is at its highest ever. Millions of job vacancies are unfilled. Employers will have to increase pay to retain and attract staff and this will push inflation up higher.
Inflation is running at 2.9 percent and is probably already at 3.0 percent. The Bank of England has a KPI to trigger interest rate increases. Its 2.0 percent. UK inflation is currently 50 percent higher than the optimal inflation rate of 2.0 percent and if the Governor of the Bank of England was a balanced analyst he would know that he needs to help the Monetary Policy Committee to increase UK interest rate to 0.5 percent in 2017.
Mr Carney has today admitted UK businesses are investing more as the global economy is set to boom. The UK economy will probably grow at least as fast as 2016 and by the end of 2017 growth in UK will be a healthy 2.0 percent.
Increasing UK interest rate will support the value of the UK pound and this will make it slightly harder to export and slightly easier to import to UK which will help control inflation.
The UK needs to prepare for the next financial disaster that the financial services industry cook’s up. Part of the preparation is increasing interest rate towards the long-term UK average of 5.0 percent yes 5.0 percent not 0.5 percent. Even if the Bank of England did increase UK interest rate to 0.5 percent it would still be at a rate that is a tenth of the normal for the UK. Thats how far interest rates will go and it will go relatively fast to stop consumer bubble like that in car sales by finance.
So if you want to borrow money in the UK you will never get a better time to borrow than now. Mr Carney flip flops about when it comes to monetary guidance. One minute the economic data points to a UK interest rate rise the next Mr Carney thinks the same data points to maintaining UK interest rate, or even cutting UK interest rate. Mr Carney will soon be going on a mid career break with Mrs May. She will bore him to death about her policy of a strong and stable government, and he can bore her about his kangeroo petrol monetary guidance policy.
The new and enlightened and emboldened MPC should increase UK interest rate this year. If the MPC doesn’t then we need a new MPC.
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UK Pension Liabilities In Private Sector Public Sector and Not For Profit Sector Are Out Of Control
Why are the systems meant to protect those saving for retirement so inadequate? You might say they are underfunded rather than unfunded until you see how much underfunding there is and then you might agree that really pensions are unfunded!
Pension News Headlines Risk Analysis and Reviews
18th March 2018 In Future UK Employees Pensions Maybe Better Protected
Avoiding or abusing pension responsibilities maybe made a crime under plans to crack down on business leaders who fail to comply with their responsibilities to protect pensions and pensioners in UK.
The UK’s Insolvency Service will also be given extra powers to help protect employees from negligent corporate business decision makers who put pension schemes at risk.
22nd January 2018 UK Prime Minister May Says UK Will Stop Abuse Of Pension Schemes By Executives and Shareholders
The scandal of continuous underfunding of UK pensions and the abuse of pension provision in the UK has been highlighted once again by the collapse of the UK’s second biggest construction company Carillion. Some 28,000 pensioners are likely to face reduced pension payments due to the collapse of Carillion with perhaps a £1 billion pension hole where Carillions money should be.
Instead of addressing the pension hole Carillion executives chose to boost the performance of the firm by underfunding the pension pot paying higher dividends and paying themselves larger bonuses than they would otherwise have been entitled to. Carillion pensioners will transfer to the Pension Protection Fund after the collapse of Carillion but many pensioners many pension members out of pocket when their pension is likely to be cut.
The UK Prime Minister says the UK will clamp down on executives who line their own pockets while not protecting workers pensions.
New rules in the spring of 2018 will aim to deal with executives who threaten worker’s pensions in order to benefit personally from bigger bonuses or rewards.
However Mrs May said last year after the BHS scandal that she would tackle executive abuse to pension contributions with no progress to date.
27th June 2017 UK Pension Regulator published its report into a deal under which Philip Green paid £363m to BHS pension scheme
The Pension Regulator says the main purpose in selling BHS was to prevent taking on liability for the BHS pension scheme. The Pension Regulator says that under Mr Greens watch the BHS pension fund had moved from a surplus into a deficit. However after Mr Greens personal recent substantial contribution BHS pension fund now has a £100m surplus.
However what is clear is that pension fund risk management is highly inadequate. Periodically massive pension fund shortfalls materialise into real financial loss to pensioners. This will continue until legislation corrects the inadequacy of the present regulatory control and monitoring. Perhaps the Pension Regulator could also do its job better. It needs to show its teeth earlier.
Citibank Report 2016
According to Citibank, the 20 largest OECD countries alone owe $78 trillion to their public sector pension funds funding for pay-as-you-go and defined benefit public pensions.
Do you pay into a private pension in UK? Your employer is not! Overall private pension funding in UK is only up to around two-thirds of what is needed. Around three quarters of a trillion pounds extra is needed to fully fund private UK pensions!
Where is this money going to come from to make sure you get your pension when you retire?
Carillion BHS Steelworkers et al are not the only ones who are worried about their retirement money!
Too many people in the UK who think they are saving for their retirement via a pension have been let down and will continue to be let down
Unfunded public sector pensions make up two-thirds of the £2 trillion UK pension liabilities. Private sector pension funds should hopefully become less of an issue as private pension funds or closed to new members and subsequently closed down altogether. However BHS has shown how private pension funds can throw up real problems for those saving for retirement or in retirement.
Why has the UK got saving for retirement so badly wrong?
Unfunded state pensions are the legacy of our fathers and mothers. They have failed to grasp the nettle of saving for retirement and have left a mess to the next generation in the UK whilst pocketing relatively generous pensions for themselves. This is compounded by unfunded central and local government employee pensions.
Public sector pensions are essentially like illegal Ponzi schemes where people think they are investing in their future retirement, but largely they are paying the pensions of those who are retired in UK now. They are really paying money with little more than a hope that the young of today will pay their pension when they retire. However there is no guarantee that the young of today and government’s of the future will feel inclined to pay for retired people’s lifestyles they have no hope of matching when the young eventually retire. The main risk control measure seems to be increasing the state retirement age. And so it continues.
Corrupt business leaders are also failing to pay into private pensions to fund the pension of many people in private sector funds. They seem to be hoping that they will get away with it and someone else will pick up the tab which is normally the retired person who did pay their fair share into the pension fund.
The pension scandal is yet more evidence of the failure of risk management, corporate governance and compliance to create a fair society and corporate culture. A demographic time bomb will soon explode but at the moment successive UK governments are happy to pass the parcel in the hope that the music doesn’t stop when they are in charge.
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Dealing with reckless management of UK pension schemes
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Financial Services Industry Risk Management
Management of risk in financial services industry.
Scores of bankers have been jailed for their part in the financial crisis but the rest of the world should hang its head in shame for its lack of demonstration of accountability for actions and inaction in face of corporate risk
Financial services industry leaders not just bankers were highly culpable for the financial crisis upon which people committed suicide and a lost their shirts. Financial leaders should lose their liberty.
The next financial crisis is just around the corner. We have seen many incidents since the financial crisis that haven’t quite been systemic risk events but they have cost financial services companys billions in fines for poor and deliberate malpractice. Financial services leaders haven’t learnt their lesson. They are just paying lip-service to good corporate governance. Only the real threat of the jail will stop the next financial crisis happening.
Not only have the culprits for the financial crisis got away with it, they have gone on to be leaders in the financial services industry or other leading businesses.
From leading bankers to leading politicians to leading regulators to leading credit rating agency leaders to leading central bankers they have all prospered despite the financial crisis and many have gone from causing the financial crisis to other positions of power without being held to account for their actions or inaction.
There has been limited tightening of global financial services regulations but the ultimate sanction of losing your liberty is still highly unlikely. It still more likely that financial services leaders will depart their employer with handsome pay-offs and pension packages rather than serving time in a USA or UK jail.
Until individual financial services industry leaders face and are convicted of criminal prosecutions business leaders will continue to lead their employers to hefty financial penalties and even liquidation. If you kill someone at work, you at least have some real chance of going to jail. If you kill a corporate entity, you will almost certainly not go to jail in UK and USA. Appearing in court to face charges is not the same as losing your liberty for 7 to 10 years.
European countries have been a little more robust at jailing the guilty but only a few can be proud of their resolve to improve corporate governance in practice.
Financial Services Industry Risk News Headlines Industry Analysis and Risk Reviews
15th October 2019 Reckless Business Leaders Who Mismanage Pension Schemes May Face Up To 7 Years In Jail Under New UK Legislation.
The Pension Schemes Bill will bring in a new sentence of up to seven years in prison for business leaders who are reckless in the management of their pension schemes.
Pick up the latest financial services news opinions reviews and jobs
20th June 2017 SFO charges former Barclays chief executive John Varley and three others Roger Jenkins Tom Kalaris and Richard Boath. After a five-year investigation into the £12bn bailout fundraising recapitalisation of Barclays bank by Qatar
Barclays strategy was to go to Qatar for money instead of UK government. The bank and the ex-bank executives will officially respond to SFO charges on 3rd July. The charges include conspiracy to commit fraud by false representation in relation to a fundraising in June 2008. The ex bank executives are facing potential jail of up to 10 years if convicted.
Other charges for some of those accused and the bank include providing unlawful financial assistance through a loan.
Barclays said it was considering its position in relation to these developments and awaiting further details of the charges.
Cyber Risk BusinessRiskTV provides training for executives
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Cyber risk experts will create bespoke cyber risk management training course for your executives or attend Cyber Risk BusinessRiskTV online courses.
Develop the cyber risk knowledge and risk management skills to assess the risk to your company or enterprise and decide on suitable cyber risk controls.
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We work in collaboration with other business risk management experts around the world to help solve corporate risks and below is risk information to help you understand part of the solution for cyber risk management – cyber insurance.
Cyber Risk Risk Management Solutions Cyber Insurance Featured Article
Neil Gurnhill CEO Node International Explores Cyber Insurance To Protect Businesses Better
Business Activity Risk Profiling VS Scaremongering Will Increase Your Cyber Insurance uptake
The key to engaging with a potential client to discuss and provide cyber-risk insurance is to approach the discussions from their real business activities’ needs rather than any generalised knowledge they have gleaned from recent cyber-security threats or events reported in the national broadcast and newspaper media.
For example, most retail brokers engage too early in conversations about ‘hacking’, ‘denial of service’, ‘phishing’ and ‘social engineering’ and such like. As important as these topics are, it can often lead to a conclusion that the potential client has not been directly affected by these matters to date, therefore, they don’t need cover. Don’t forget the basic premise of insurance – it provides security for the future!
Our extensive experience at Node International, particularly in the USA and Europe, clearly tells us that the correct, and more successful approach is to start with an evaluation of the potential clients business activities.
For examples each of these activities has a cyber-risk profile so even though the potential client has not dealt with (say) a denial of service attack, the fact that over 80% of their business depends upon an ecommerce website highlights the substantial cyber-risk. Or they are highly dependent on a supply chain and/or contractor, of which they know little about their cyber-risk policies, again highlighting their potential cyber risk through the failures of others.
Taking this business activities profiling approach is a very logical systematic approach that engages the potential client. It is also quite simple to conduct. Start with a conversation about ‘mapping’ the high priority business activities and start introducing the question, ‘’What happens if…’’ Think of it as an ‘heat map’ of the business. When viewed overall, the client then sees the totality of cyber-risk they face. Then, the most effective cover can be assessed and priced accordingly.
It’s important not to think of early conversations as ‘selling cyber-insurance’ but providing an expert and value-added service to the clients. It is likely that they know very little about cyber-security and cyber-risk so building up the ‘heat map’ though sensible discussion helps the client. Nowadays, ‘helping the client to buy’ is far more effective than ‘selling’.
This is where Node International scores highly. As a wholesale broker and underwriter at Lloyds of London you can tap into our expertise and assistance. For example, by talking to one of our brokers before you go and see a client could help you tremendously. Even if you have never used Node International before, our brokers and underwriters are here to help you build your business.
Finally, lets step back a little. In the last two decades there has been a huge increase in businesses that are now dependent upon their technologies and digital capability. And, of course, the constant threat scenarios they face each day. From our experience, literally 99% of modern businesses (from small to large across all sectors) face at least one cyber-risk in their ‘heat map’. In effect, every business call you make is a potential satisfied client providing you approach it correctly and have a ‘value-added service’ at the forefront of your mind. As mentioned before, we can assist you with this essential skill.
Contact Neil Gurnhill CEO Node International for more help with Cyber Insurance
Email – [email protected] Direct line – 02033 208983 Tel – 07823 888413 Lloyds Chambers, 1 Portsoken Street, London, E1 8BT
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No one person or type of business protection will ensure your resilience and survival but you must at least be very clear how you are manage all business risks.
How well prepared your business will directly correlate with your ability to recover in the event of a major risk event. The lack of a practical plan of recovery could be the difference between business survival and business failure.
Although enterprise risks vary in scope form and size a well thought out business plan tailored to your business, will speed up your business recovery in the event of a disaster physical or reputation threatening.
Do not risk fatally damaging your business and all the investment in your key asset. The most resilient businesses have already thought through all types of risks and have a clear business sustainability plan regardless of the risk occurring.
With each risk your business faces, you need to know how to minimise the downside and maximise the upside outcomes.
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Rising To The Challenge Of Cyber Risk Management
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BusinessRiskTV Hackers News: Protecting Your Business in the Age of Cyber Threats
In today’s interconnected world, the threat of cyber attacks and hacking has become an ever-present concern for businesses of all sizes. The advent of advanced technologies and the widespread use of the internet have created new opportunities for hackers to exploit vulnerabilities and gain unauthorised access to sensitive information. In this article, we will delve into the BusinessRiskTV Hackers News and explore the importance of cybersecurity measures for protecting your business from potential threats.
The Rise of Cyber Threats
The past decade has witnessed a significant rise in cyber threats, with high-profile hacking incidents making headlines around the world. Cybercriminals employ various tactics, such as phishing attacks, malware, ransomware, and social engineering, to compromise computer systems and steal valuable data. These attacks can have severe consequences for businesses, including financial losses, damage to reputation, and legal implications.
BusinessRiskTV Hackers News: Stay Informed and Vigilant
To navigate the complex landscape of cybersecurity, businesses need to stay informed about the latest hacking trends and best practices for protection. BusinessRiskTV Hackers News serves as a valuable resource for professionals, providing updates on emerging threats, case studies, expert insights, and practical advice on safeguarding digital assets.
By following BusinessRiskTV Hackers News, organisations can stay ahead of potential threats and proactively implement robust security measures. This proactive approach is vital because, in the face of ever-evolving hacking techniques, businesses must continuously update their defenses to counter new threats effectively.
Understanding the Impact of Cyber Attacks
A cyber attack can have severe consequences for businesses. Apart from financial losses resulting from stolen funds or disrupted operations, organisations may face significant reputational damage. Customers and partners lose trust in businesses that fail to protect their sensitive information, resulting in potential long-term consequences for brand image and customer loyalty.
Additionally, the legal and regulatory landscape surrounding cybersecurity has become more stringent in recent years. Governments worldwide are enacting laws and regulations to hold businesses accountable for data breaches and privacy violations. Failure to comply with these regulations can lead to hefty fines and legal repercussions, further highlighting the importance of prioritising cybersecurity.
Developing a Comprehensive Cybersecurity Strategy
To mitigate the risks posed by cyber threats, businesses must develop a comprehensive cybersecurity strategy that encompasses both prevention and response. Here are some key elements to consider:
Risk Assessment: Conduct a thorough assessment of your organisation’s vulnerabilities and identify potential entry points for cyber attacks. This process involves analysing your IT infrastructure, networks, software applications, and employee practices to identify areas that require attention.
Employee Training and Awareness: Human error remains a significant factor in cybersecurity breaches. Educate your employees about best practices for data protection, recognising phishing attempts, and maintaining strong passwords. Regular training sessions and awareness campaigns can help foster a culture of cybersecurity within your organisation.
Secure Network Infrastructure: Implement robust security measures to protect your network infrastructure. This includes deploying firewalls, intrusion detection systems, and regularly updating and patching software and hardware.
Data Encryption: Encrypt sensitive data to ensure that even if it is accessed unlawfully, it remains unintelligible to unauthorised individuals. Encryption provides an additional layer of protection for your most valuable information.
Incident Response Plan: Develop a comprehensive incident response plan that outlines the steps to be taken in the event of a cyber attack. This plan should include processes for isolating compromised systems, notifying relevant parties, preserving evidence, and restoring operations.
Collaborating with Cybersecurity Experts
Given the complexity and evolving nature of cyber threats, businesses can benefit from partnering with cybersecurity experts. These professionals possess specialised knowledge and experience in identifying vulnerabilities, implementing effective security measures, and responding to cyber attacks. By leveraging their expertise, organisations can enhance their overall cybersecurity posture and respond more effectively to potential threats.
BusinessRiskTV Hackers News provides a platform for businesses to connect with cybersecurity experts and gain valuable insights into the latest trends and best practices. By engaging with this community, businesses can access expert advice, receive guidance on risk assessment and mitigation strategies, and stay updated on emerging technologies and solutions.
Furthermore, collaboration with cybersecurity experts can help businesses in the following ways:
Vulnerability Assessments: Experts can conduct comprehensive assessments of your systems and infrastructure to identify vulnerabilities that may be exploited by hackers. They can perform penetration testing, analyse your network architecture, and recommend specific measures to strengthen your defenses.
Security Solutions Implementation: Cybersecurity experts can assist in the selection and implementation of security solutions tailored to your business needs. This may include deploying advanced threat detection systems, intrusion prevention systems, endpoint protection tools, and secure data backup solutions.
Continuous Monitoring and Threat Intelligence: By leveraging the expertise of cybersecurity professionals, businesses can establish continuous monitoring systems that track network activity, detect anomalies, and proactively identify potential threats. Additionally, experts can provide real-time threat intelligence, ensuring that businesses are aware of the latest hacking techniques and can adapt their defenses accordingly.
Incident Response and Recovery: In the unfortunate event of a cyber attack, having cybersecurity experts by your side can significantly enhance your incident response and recovery capabilities. They can guide you through the process of containing the breach, mitigating damage, and restoring systems to normal operations. Their expertise can help minimise downtime and prevent further compromise.
In an era dominated by digital transformation and interconnectedness, the threat of cyber attacks is a constant concern for businesses. The BusinessRiskTV Hackers News serves as a valuable resource, providing businesses with up-to-date information, expert insights, and practical advice on cybersecurity measures.
By staying informed and implementing a comprehensive cybersecurity strategy, businesses can effectively mitigate the risks posed by cyber threats. Collaboration with cybersecurity experts further enhances their ability to protect sensitive data, maintain business continuity, and safeguard their reputation.
Remember, cybersecurity is not a one-time effort but an ongoing process. Businesses must continuously adapt and evolve their defenses to keep pace with the ever-changing threat landscape. By prioritising cybersecurity and leveraging the resources available through platforms like BusinessRiskTV Hackers News, businesses can proactively defend against cyber attacks and secure their digital future
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The Threat of Rising Bond Yields in European and American Bond Markets
Bond yields are the interest rates that investors receive when they lend money to governments or corporations. Bond yields have been rising steadily in recent months, both in Europe and the United States. This is due to a number of factors, including the Federal Reserve’s plans to raise interest rates and concerns about inflation.
Rising bond yields can have a number of negative consequences for investors and businesses. For investors, rising bond yields can lead to losses on existing bond holdings. For businesses, rising bond yields can make it more expensive to borrow money.
This article will explore the threat of rising bond yields in European and American bond markets in more detail. It will also discuss some of the risk management actions that investors and businesses can take to protect themselves from this threat.
Why are bond yields rising?
There are a number of reasons why bond yields are rising in European and American bond markets. One reason is the Federal Reserve’s plans to raise interest rates. The Federal Reserve raises interest rates in an effort to combat inflation. When interest rates rise, the cost of borrowing money increases. This can lead to a decrease in demand for bonds, which can cause bond yields to rise.
Another reason for rising bond yields is concerns about inflation. Inflation is the rate at which prices for goods and services are rising. When inflation is high, investors demand higher returns on their investments to compensate for the loss of purchasing power. This can lead to an increase in bond yields.
What are the risks of rising bond yields?
Rising bond yields can have a number of negative consequences for investors and businesses.
For investors, rising bond yields can lead to losses on existing bond holdings. When bond yields rise, the prices of existing bonds fall. This is because investors can buy new bonds with higher yields, which makes older bonds with lower yields less attractive.
For businesses, rising bond yields can make it more expensive to borrow money. Businesses often borrow money to finance growth and investment. When bond yields rise, the cost of borrowing money increases. This can make it more difficult for businesses to finance their growth and investment plans.
What can investors and businesses do to protect themselves from the threat of rising bond yields?
There are a number of risk management actions that investors and businesses can take to protect themselves from the threat of rising bond yields.
Investors
Investors can protect themselves from the threat of rising bond yields by diversifying their portfolios and investing in shorter-term bonds.
Diversification means investing in a variety of different asset classes, such as stocks, bonds, Bitcoin and property. By diversifying their portfolios, investors can reduce their overall risk.
Investing in shorter-term bonds can also help investors to protect themselves from rising bond yields. Shorter-term bonds have less interest rate risk than longer-term bonds. This is because shorter-term bonds are more likely to mature before interest rates rise significantly.
Businesses
Businesses can protect themselves from the threat of rising bond yields by hedging their interest rate risk and borrowing money at fixed interest rates.
Hedging interest rate risk involves using financial instruments to offset the risk of changes in interest rates. There are a number of different hedging instruments available, such as interest rate swaps and options.
Borrowing money at fixed interest rates can also help businesses to protect themselves from rising bond yields. When businesses borrow money at fixed interest rates, they lock in the interest rate for the life of the loan. This protects them from the risk of rising interest rates during the term of the loan.
Conclusion
Rising bond yields can have a number of negative consequences for investors and businesses. However, there are a number of risk management actions that investors and businesses can take to protect themselves from this threat.
Investors can protect themselves from the threat of rising bond yields by diversifying their portfolios and investing in shorter-term bonds. Businesses can protect themselves from the threat of rising bond yields by hedging their interest rate risk and borrowing money at fixed interest rates.
I urge investors and business leaders to take risk management action to protect themselves from the threat of rising bond yields. By taking action now, you can minimise the potential impact of rising bond yields on your investments and your business.
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Look at the world through an improving business and economic environment. The UK is strong and set to get stronger
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
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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!
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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.
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Read articles and view videos on the latest Brexit developments opinions and reviews. Network with top business leaders to manage Brexit threats and opportunities better.
19th March 2020 Fishing Is Symbolic Of Taking Back Control
Many people perhaps most people in the city of London would happily sacrifice fishing rights to maintain financial services rights in Brexit negotiations.
Economically the fishing industry produces are 3 percent of UK economic output. Financial services produces many time that. The scales of economic sensibility suggest that it would be better for the UK economically to support the city of London.
However this is slightly misguided. The UK produces so little from fishing industry because of European Union quotas decimating the number of UK fishing boats. The UK could increase growth from fishing by increasing more boats in the fishing industry.
However the UK fishing industry will never overpower the economic sense of supporting financial services over the fishing industry.
The UK government must not submit to pressures to allow the same access to UK fishing areas. UK fishing industry should be rewarded for its support of Brexit. There can be ways of increasing income even with tariffs on UK fish products. Countries like Norway and Iceland can make it work.
Socially and democratically even with some economic detriment the UK government must support the UK fishing industry. Yes EU boats must have rights to fish in UK waters but rights to fish for UK fishing boats must be significantly increased at the end of 2020. Democracy is more important than economic prosperity.
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Brexit Guide Brexit Business Risk Assessment Analysis News and Opinions
Read our latest analysis on the consequences of Brexit. What is your Brexit risk assessment? How do you seize the opportunities a Brexit will present to your business? How do you mitigate the threats from Brexit? Only a careful, positive risk management approach will ensure that Brexit will work well for everybody in the UK.
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14th February 2020 With The Departure Of The Chancellor The Last Significant Remainer Forced Out Of UK Government
With the UK Chancellor resignation yesterday Boris Johnson has purged his government of the last significant block on a no deal Brexit. The European Union EU must now know it must do a fair deal with the UK or face no deal Brexit at the end of 2020.
The UK is now closer to a no deal Brexit than it ever has been.
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With the next UK budget in March expected to open the spending taps to new infrastructure and an uplift in government investment the UK will be better prepared for a no deal Brexit than it ever has.
It is likely that the UK will face face short term economic bumps from no deal Brexit but the length of the disruption will depend on how well the UK plans for its future outside the EU.
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20th December 2019 German Economy Saved From Recession By Brexit
A clear programme for progress on Brexit has helped Germany avoid a recession according to Germany Economy Minister Peter Altmaier in remarks published on Friday.
Although there could yet be a no deal Brexit at the end of 2020 if the EU and UK do not agree a deal during transition period at least German businesses know with certainty that the UK is leaving the European Union.
Germany still faces a potential trade war with USA as part of European Union. The UK will look to strike a free trade deal with USA that would avoid any trade war between USA and EU.
12th December 2019 Exit Poll Suggest Conservative Party Majority For Brexit Majority
30th October 2019 Brexit Not Resolved Yet Vauxhall Vans Commit To UK Van Production
Vauxhall announces further commitment to automotive production in UK regardless of Brexit outcome. Next generation of Vivaro vans will be built in Luton.
23rd October 2019 Still Most Likely That Brexit Deal Will Pass But After A Brexit Extension
Ex Tory MPs who lost the whip would not be able to stand as Tory candidates at the next General Election if Boris Johnson gets a General Election now. The exTory MPs that blocked Brexit on 31st October 2019 with their Surrender Act presumably will want the Whip reinstated if they want to present themselves as a Conservative Party candidate at the next General Election.
An extension to Brexit is unavoidable now due to the application of the Surrender Act. Before it was brought into force in days by MPs intent on blocking Brexit it would have been possible though not guaranteed that Brexit could have been done on the 31st October 2019. Surely Boris Johnson would not take such MPs into a General Election with the Conservative Party?
The most likely outcome at this stage is for the UK parliament to approve Britains Withdrawal Agreement with the European Union. To enable such a legal position to pass it will need more time. An extension is inevitable but it will either be a technical extension to get the Withdrawal Agreement through parliament or an extension to end of January 2020 to enable a General Election to take place.
It is unlikely that the Tory rebels and Labour Remainer MPs will succeed in their attempt to block delayed Brexit. The UK will then hold a General Election.
Ideally the Labour Party leadership probably favour the Conservative Party taking the UK out of the European Union EU and then then suffering the inevitable short term business lifestyle and economy disruption. Labour could then capitalise on that with their policies that would otherwise have been blocked by EU rules and moderate the Brexit achieved by Conservative Party by opting in for a softer Brexit. However we do not live in an ideal world so the Labour Party will probably need to fight the next imminent General Election with a deliberately fuddled Brexit Policy in the hope that its other policies will win over the UK electorate in sufficient numbers to win power.
If the UK gets a General Election the current best bet is that the Conservative Party will run a minority government with a handful of new Brexit Party MPs who have won previously safe Labour Leave voting seats. This will probably mean a no deal Brexit or Brexit based on the deal agreed by Boris Johnson with EU.
9th October 2019 Do Not Let Your Business Be Paralysed By Political Events
Political events can impact negatively or positively on your business. However procrastinating because of Brexit uncertainty or trade war between USA and China and Europe is not good for your business.
By taking the right precautions your business can still make progress towards your business objectives and even speed up successful attainment of objectives.
25th September 2019 Supreme Court Judgement Makes Extension To Brexit Date and General Election In November or December 2019 More Likely
Although not the motivation of the Supreme Court judges the result is that a new Brexit deal before end of October is now impossible. There is no incentive for the European Union EU to make any significant changes until after an election or a referendum.
Although Boris Johnson has said he will not ask for an extension to Brexit he will. He will explain he has done everything possible to exit the EU at end of October. However he will say correctly that the Remainer MPs in UK parliament have to use a Scottish judge word stymied any renegoitation with EU.
The Supreme Court judges judgement has triggered the starting pistil to a UK General Election before the end of 2019 sooner rather than later. Before the judgement there was a slim chance of a new Brexit deal before end of October. Now the only chance is no chance. The door has closed not because of their legal decision but because they were asked to make a decision.
BusinessRiskTV
The Remainer MPs will get their wish of an extension before the election but at the cost that the General Election will be fought on the basis of the People v The Parliament.
Around three quarters of MPs in the UK parliament are Remainer MPs unwilling to take the UK out of the European Union despite the vote of the vote in 2016 to leave.
this Parliament is a disgrace
Attorney General Geoffrey Cox told MPs that current UK parliament is a dead parliament and will is too cowardly to call an election UK Parliament 25th September 2019
Although it will be close it is more likely that Leavers will beat Remainers in the General Election. Whether they will do so in sufficient numbers to make UK parliament governable again is very much in doubt. What is certain is that the UK will now reap the whirlwind of the most vitriolic election campaign ever experienced in UK.
All that we can really hope for is that there is a clear winner before the end of the year as an extension of the current impasse will damage the UK economy.
Perhaps the only good thing to come out the Brexit impasse is that with each day the UK is better prepared for a no deal Brexit should the UK vote for Brexit in the coming General Election. Whether the UK leaves or remains the UK will come out of this impasse for the better economically. How the UK will come out of the impasse socially and culturally will not be known until we look back in 10 years time.
20th September 2019 Next Crucial Period Of Brexit Is Mid October
Assuming the Supreme Court realise that courts should not be meddling with political decisions next week then the UK and Europe face a nervous run up to mid October.
There is increasingly positive mood music coming out of Europe about the prospect of doing a Brexit deal with the UK. It is likely that the Brexit deal will be one that kicks the most difficult parts of the deal towards the end of the decision making process like the border between Ireland and Northern Ireland.
The question from the UKs point of view is will the hardline no deal Brexiteers agree to bend on the deal and will the MPs in the Labour party who have heavy Brexit leaning constituents vote for whatever new deal comes back from the new Brexit negotiations.
The Eurozone is struggling to cope with the global economic downturn on top of its historic issues falling the financial crisis. Of greatest concern is the likely recession in Germany dragging the rest of Eurozone economy down with it.
The UK should leave on the 31st October 2019. The key players in the Brexit negotiations are being pushed into a deal from opposite directions. It has never been truer that both the European Union and the UK need a deal. If the UK parliament does not vote for the new Brexit deal they will reap the wrath they have created.
17th September 2019 Claims That Consumers In UK Are Stockpiling Essential Products Are Found Less
There is no evidence that Britons worried about the possibility of disorderly departure from the European Union EU on 31st October are stockpiling essential products
market researcher Kantar
5th September 2019 Next Key Date On Brexit Is Monday 9th September
UK government has let through bill to stop no deal Brexit. Next Monday the UK government will try again to successfully ask for General Election that will largely be based on Brexit issue.
If the UK government does not successfully bid for a General Election then the Brexit debate will once again lurch out of control in ways that are unclear. However if the UK government successfully receive a General Election on Monday then it will happen on 15th October. The winner will determine if there will be a Brexit or not.
There is a General Election coming. When is uncertain.
4th September 2019 Impact On UK Economy Of No Deal Brexit Reduced
Mark Carney Governor of the Bank of England the UKs central bank which decides on interest rates tells MPs on Treasury Select Committee for UK lawmakers that GDP impact of Brexit has been reduced.
Mark Carney was speaking at todays Treasury Select Committee public meeting.
4th September 2019 Will The UK Have A General Election Before The End Of October 2019?
The current UK Prime Minister wants a General Election on 14th October 2019. He may be prevented from having one by current MPs.
Tomorrow or Friday may be the crucial day on defining whether the UK Prime Minister will be granted a General Election before the end of October 2019.
BusinessRiskTV
The UK Prime Minister will lose the new bill debate today aimed at preventing no deal Brexit. He will try again tomorrow but tomorrow (or Friday) will have lower bar to pass to enable a General Election to happen before the end of October 2019.
The UK will have a General Election before the end of the year but whether it happens before end of October should be decided this week.
1st August 2019 UK VAT Registered Companies Will Be Given A Registration Number In Next Two weeks That Allows EU Customs Authorities To Identify Them
The admin paperwork to continue trading with EU in event of no deal Brexit is called an Economic Operator Registration and Identification EORI number.
UK chancellor Sajid Javid automatic enrolment of VAT registered businesses will help ease the flow of goods at border points and support businesses to trade and grow in event of no deal Brexit.
1st August 2019 Euro Zone Purchasing Managers Index PMI For Manufacturing Firms In July Fell To Lowest Level Since 2012
Many economists in UK say the UKs drop off of manufacturing activity is down to Brexit uncertainty. However eurozone manufacturers drop off in production and indeed global manufacturing production drop off is not down to Brexit uncertainty.
5th July 2019 Jaguar Land Rover JLR Is Investing Hundreds Of Millions Of Pounds To Build A Range Of Electric Vehicles In Castle Bromwich Birmingham
JLR are making plans for the future whether Brexit happens or not. Whether Britain no deal Brexits or leaves with a deal or does not leave European Union EU will not affect many automotive manufacturers strategic decisions to stay in UK.
It is perfectly right for car industry to lobby UK government for the outcome it prefers. However the automotive industry is perfectly robust enough to take on all risk factors to survive and prosper.
In January JLR announced that its new battery making facilities would be located in the Midlands. The new plant will be most technologically advanced in the UK according to JLR.
1st July 2019 NTT Ltd Opens For Business In London At Height Of Brexit Crisis
Nippon Telegraph and Telephone Corporation NTT Corporation is one of Japans largest telecom businesses. It has launched its international focused subsidiary NTT Limited and picked London as its global headquarters.
NTT Limited is a merger of NTT Communications Dimension Data and NTT Security into a single business based in London.
NTT Corporation president and CEO Jun Sawada said launching NTT Ltds HQ in London shows its commitment to the UK remains extremely strong.
It demonstrates that Britain will remain a tech leader regardless of whether the UK remains or leaves the European Union EU.
21st May 2019 EU Would Rather Have The UK Pissing Into Tent Now!
The biggest change from the the results of the European Union EU is that the rest of the EU will no longer put up with the UK pissing out of the tent. They will become resigned to and prefer the UK to leave the EU an piss into the tent!
Until the EU elections 2019 UK political leaders thought they could pick and choose when it leaves the EU. Now the rest of the EU leaders will be thinking they do not need such an unruly member.
The UK is unlikely to get an extension beyond end of October 2019 even if it wants one. The EU will get little benefit from amending the deal already negotiated with the UK. The UK is closest to leaving the EU without a deal than at any time including immediately after the EU Referendum in 2016.
Back in 2016 the UK had more choices. Now the UK needs to leave without a deal at end of October or revoke article 50 and remain in the EU. The time for compromise has come to an end.
The UK parliament should vote on these two options immediately it returns after the summer break. The parliament can then spend time putting the vote into action.
The MPs will then face the public at the next General Election and have to justify whichever way they voted.
15th April 2019 Investment In UK The Highest In The World Regardless Of Brexit Chaos
Big 4 accountancy firm EY has reported that following its survey it found that Britain is the top place to invest in the world for the first time since EY started surveying investment market 10 years ago.
The reason investment has hit a record high according to EY is the English language is the language of business and the UK has a highly skilled workforce together with expanding technology base.
The low value of the UK pound has also made UK business cheap to invest in for overseas businesses keen to take advantage of undervalued UK businesses.
29th March 2019 On The Day The UK Should Be Leaving The European Union EU The Mother Of All Parliaments Says No Non Nein
MPs reject Theresa Mays EU withdrawal agreement by 344 votes to 286 a majority of 58. The UK is facing either a no deal Brexit on the 12th April or a long extension to Article 50 which will include the UK voting in EU elections in May.
The Prime Minister and the UK government seem to be holding out hope that the deal on the table with the EU will get still get through before the 12th April. How this would happen is highly uncertain.
22nd March 2019 No Deal Brexit Most Likely Outcome Of All Most Unlikely Outcomes
The UK is entirely fragmented politically. Each fragment has hurried off to respective camps and are digging in instead of looking for compromise.
Theresa May seems to have grabbed defeat from the jaws of victory after blaming UK MPs for Brexit logjam. Almost anything is now possible as the fragments of the UKs political community are resisting any coming together.
Mays Brexit deal could get through in a 3rd Meaningful Vote before the and of next week or the new deadline in April
The UK Prime Minister may do what she has said all along which is take the UK out of European Union EU on 29th March with no deal Brexit
UK parliament takes control over the Brexit process and before the EUs new deadline apply for and get a very long extension to Article 50 giving it time to put together a newer softer Brexit and or bring about a 2nd referendum on leaving the EU.
Many now believe Mrs May will take the UK out with a no deal Brexit next week but whether she will be allowed to do that by the UK parliament remains to be seen.
Brexit uncertainty has never been higher but next week it will continue to increase not reduce.
21st March 2019 Next Says No Deal Brexit Would Bring Lower Prices In Shops
Retailer Next says lower trade tariffs under no deal Brexit could save it 15 million pounds and allow Next to cut prices for shoppers in UK.
21st March 2019 No Deal Brexit Would Significantly Harm European Union EU
Barclays bank Chairman John McFarlane says a no deal Brexit would significantly hurt the European Union economy and a deal on financial services between Britain and the EU is likely whatever form Brexit takes.
He expects that trade would continue between the financial sector in London and the EU after Brexit.
19th March 2019 Theresa Mays Brexit Deal More Likely After Speaker Of House Of Commons Intervenes Into The Brexit Process Again
Yesterdays spanner in the Brexit process works by the Speaker of the House Of Commons has made it more likely that the UK Prime Ministers Brexit deal will somehow be approved. Where there is a will there is a way.
If this is the case then the UK economy will be boosted. The boost will come from private investment and massive public spending Brexit dividend promised by UK Chancellor. The downside risk is that the boost to UK economy will also accelerate UK interest rate rises.
The Brexiteers need to fall in behind the current Brexit deal or suffer no Brexit or softer Brexit.
14th March 2019 Third Meaningful Vote Expected Within A Week
Theresa May will try third time to get her EU withdrawal deal through Parliament. She is hoping to win over more Brexiteers on basis that they if they do not back her Brexit deal they will endure at best a long delay on getting Brexit or not get Brexit at all.
The UK government will at the very least need to ask the EU for a short delay on Brexit as there is not enough time to get Brexit through assuming Mays deal does get approval in the next week.
Last night an updated motion to reject a no deal Brexit under any circumstances was passed by 321 to 278 a majority of 43. Whilst not legally binding it is clear that parliament will find a way to prevent no deal Brexit ever happening.
Brexiteers realise they now face the likelihood of exiting the European Union EU via Mays Brexit deal on the table or softer Brexit like Norway Option or no Brexit. Which way will they jump in next week!
13th March 2019 UK Government Announces Tariffs On Imports Post No Deal Brexit
Most UK imports by value will not attract a tariff in the event of a no deal Brexit. Tariffs would protect some industries including farm produce. Such a change in UK imports is likely to increase the competitiveness of non European Union imports compared to EU imports though most EU imports would also be tariff free.
Tariffs on cars imported to UK would attract a 10 percent tariff though car parts would be tariff free.
The UK government also announced that it will not introduce any new checks or controls or require customs declarations for nearly all goods moving from across the border from Ireland to Northern Ireland in the event the UK leaves the EU without a deal.
12th March 2019 Theresa May Says She Has Legally Binding Changes To Her Brexit Deal
European Commission President Jean Claude Juncker warned if the deal was voted down there was no third chance to change a deal that could be agreed by both parties.
Hard line Brexiteers will not agree to anything short of no deal Brexit. Hard line Remainers will not agree to anything short of another referendum. It looks likely that the Second Meaningful Vote on the Brexit deal on the table will fall by less of a margin but how much of a margin is unclear.
It is clear that short term risks to UK economy will be lessened by agreeing the Brexit deal currently on the table
It is clear that the risk of the UK being trapped in the Backstop has lessened by the revised Brexit deal agreed with the European Union
What is unclear is the long term ability for the UK to finally leave the European Union fully.
Taking a balanced risk view of the short to long term the UK parliament should fulfil the decision of the British people to leave the European Union on the revised Brexit Deal. Should the UK legislators fail to vote to approve the Brexit deal the UK will be thrown into a crisis of government politics and business.
Business leaders will not know whether the UK will ever leave the European Union or whether it will end leaving with no deal. There may be one more Third Meaningful Vote before the end of March 2019. This is the most likely outcome of the developments this week. What the outcome of a Third Meaningful Vote will be is anybodies guess! However it will be incredibly close on whether the revised Brexit deal will eventually be voted through by the UK parliament.
UK MPs should remember that the best deals involve a win win for both parties not a lose lose win lose or lose win for the European Union and UK.
If the revised Brexit deal is not voted through and Brext with no deal is taken off the table then there must be a General Election in UK to revise the make up of the UK parliament. Then the new parliament must work on a revised Brexit deal. To revisit the Referendum before the last Referendum result has been implemented would create greater social and political damage which would continue for longer. Not only is it likely to result in a call for a third Referendum result but it would lead to another Referendum on Scotland leaving the UK.
All of these options would create greater chaos for business and economy for years. The only option which will protect short to medium and perhaps long term business environment is to accept the Brexit deal currently on the table.
15th February 2019 Retail Sales Jump More Than At Any Time Since December 2016
The Office for National Statistics ONS reports the amount of goods sold rose by 4.2 percent in January year on year the biggest annual rise since December 2016.
UK consumers show that record employment levels and rising standard of living will keep them spending regardless of Brexit. Wages continue to outstrip inflation indeed as inflation rate slows and wages increase faster the UK standard of living is accelerating.
27th December 2018 French Constriction Group Shows Confidence In UK Economy Post Brexit Deal or No Deal
Current Gatwick owners Global Infrastructure Partners GIP will sell a 50.01 percent stake to Vinci Airports. Vinci Airports has over 40 airports globally across Europe Asia and the Americas.
Gatwick is already the UKs second biggest airport and the 8th busiest airport in Europe by passenger numbers. However Vinci Airports will need to get significantly more than 3 billion pounds out of Gatwick purchase before it can start to turn extra value out of the investment. Where will it come from if Brexit crashes the UK economy?
26th November 2018 Brexit Plan B Most Likely End Destination For UK EU
The Sun newspaper is reporting behind the scenes discussions at UK government level to agree an EU UK Plan B when Plan A fails to get approval in the UK parliament.
Norway EFTA Plus deal most likely end result of Brexit negotiations by March 2019?
BusinessRiskTV
Plan B is for the UK to join the European Free Trade Association EFTA. The Sun says government Secretaries on Remain and Leave side of the argument Michael Gove and Amber Rudd are trying to set up the UK joining EFTA temporarily enroute to eventual full Brexit.
Such a plan is likely to get through the UK parliament with with help of scores of Labour MPs at the expense of Conservative party unity.
Brexiteers in the Tory party are unlikely to vote for EFTA.
Would enough Labour MPs back an EFT Plan B deal to make it work if the EU agreed to enter such a Plan B?
The EU says there is no other deal it is prepared to sign.
Would Germany and France really face up to a no deal Brexit after appeals within UK for General Election and second referendum fail if there was a viable Plan B EFTA deal on table proposed by UK?
Would the existing EFTA members let the UK in enroute out of the EU?
Would an EFTA deal result in the formal split of both the Labour party and Conservative party in UK?
Would the UK left and right politicians come together in a new UK party occupying the centre ground to become a viable third party in UK politics?
25th November 2018 EU27 Endorsed Withdrawal Agreement and Political Declaration on the future EU UK relations following Brexit In March 2019
EU leaders have approved an agreement on the UKs withdrawal and future relations. The EU27 say that deal agreed by the remaining 27 European Union EU countries is the only deal that is and will be on the table. Future relationship includes
Relationship to based on free trade without tariffs on either side
Continued cooperation on national security
End to free movement
The rubber stamping of the deal took less than 40 minutes at the meeting of EU27 leaders. However 20 months of negotiations is now at an end according to EU27 leaders and UK.
The agreement has yet to be agreed by the UK Parliament. The UK is scheduled to leave the EU on 29 March 2019. European Commission President Jean Claude Juncker said anyone in Britain who thought the EU27 bloc will offer improved terms if MPs rejected the deal would be disappointed.
The UK Parliament is expected to vote on the deal in early December. If the deal fails to get through the UK parliament it is likely that the UK Prime Minister will resign and then all bets are off. Possibilities could include
UK General Election where membership of the EU will be a critical element of the decision though it is not known what the Labour party in UK will have in its manifesto in such an event so how could voters choose which party to vote for. Last General Election 85 percent of UK voters voted for partys which wanted a Brexit.
Another Referendum on membership of the EU but what would be on the ballot. More than one option? Deal or no deal? Deal or Remain part of EU?
Another Brexit deal negotiation with EU on basis of UK parliament voted down first deal. However the EU27 say there is no other Brexit deal except no deal.
No politician in UK parliament or who has left parliament or any political commentator knows for definite what will happen if the UK parliament does not back the EU deal on the table. However most say that the EU deal will not get UK parliament approval ever.
If a General Election in UK or another Referendum did happen that did not have a clear cut decision what would happen?
If another Referendum was to switch to Remain in EU what happens next a third Referendum best of three?
In either of the the above voting processes what damage would UK society and economy suffer? One UK MP was killed during the last Referendum and many people were threatened with their lives.
The least damaging route in short term is for the UK parliament to back the EU UK deal on the table. Whether that is in the long term interests is not clear. The only thing that is certain is Brexit uncertainty is reaching its peak.
19th October 2018 View Of Brexit From German Industry
German industry association BDI has warned that both German and British companies are staring into an economic abyss if there is a no deal Brexit.
The remaining EU27 countries export more to the UK than any other country. More than to China or USA.
BusinessRiskTV
Germany exported 84 billion euros worth of goods to the UK in 2017.
14th October 2018 No Deal Brexit Would Not Be Disaster
According to UK industry leading CEO a no deal Brexit would not be a disaster for the UK economically.
A standard free trade deal of the type agreed between Canada and the EU could cause EU economic growth loss of 0.8 percent.
A soft Brexit with the UK out of the customs union but retaining access to the single market and agreeing to abide by EU rules would imply almost zero cost for the EU as a whole IMF Report.
BusinessRiskTV
9th July 2018 Brexit Secretary and Foreign Secretary Resign Over Brexit
David Davis Brexit Secretary and Boris Johnson Foreign Secretary resign from UK government over the Brexit policy decisions taken by Prime Minister Teresa May.
29th June 2018 Exports Goods and Services At Record High and Trade Gap Narrows
Trade figures released by UK government revealed that in the 12 months to March 2018 UK exports were at an all time high.
EU countries represent around 40 percent of all exports from UK.
Research from Barclays Corporate Banking found that around two thirds of consumers in India and China and around half of consumers in the UAE were prepared to pay more for goods made in the UK because they perceive the quality as higher.
BusinessRiskTV
The trade deficit with the world continued to narrow to 80 billion pounds which is the narrowest UK trade deficit since 2012.
13th June 2018 Global Tech Companies Are Confident In UK Economy
Tech company Salesforce have voted in the UK with their 2.5 billion dollars of their money by announcing a massive investment in the UK over next 5 years. It clearly thinks it can grow further in UK and it could not do that unless the UK economy is strong.
Amazon is to create another 2500 jobs in the UK bringing total workforce in UK to 27500. Google Apple Snapchat and other global tech companies continue to invest in the UK economy.
11th June 2018 Where In The World Got The Highest Foreign Investment in 2017?
Despite Brexit the UK is still the place most overseas investors want to invest their money compared to rest of Europe.
23rd April 2018 – Financial Services Increasingly Confident In Brexit
The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London’s hopes of retaining its status as a top global financial centre.
Many in the City Of London now believe the remaining European Union EU members will go for easy access to financial market in London based on increased equivalence to prevent disruption to business anywhere in EU.
4th April 2018 – Peugeot Plans New UK Van Production In Luton
Vauxhall plant in Luton chosen by PSA Group to manufacture a planned new van. This demonstrates confidence in UK of a major automotive maker post Brexit.
19th March 2018 – UK and European Union EU Agree Terms For Brexit Transition To UK’s Withdrawal From EU
Brexit negotiators Michel Barnier and David David announce they have agreed term for a transition period in a major breakthrough “decisive step”.
The transition period will run from 29th March 2019 to December 2020 and may lead to the orderly withdrawal of the UK from EU.
In addition, there was also an agreement on the rights of EU citizens in the UK and the rights of UK citizens in the EU.
EU member countries have still to sign-off the agreement on the transition period, perhaps at an EU summit this week. If the EU members agree, then the negotiators will move on to discussions on a permanent future relationship agreement by August 2018 with a view to Brexit in March 2019.
The financial markets liked what they heard and the pound jumped in value.
27th February 2018 Small Medium-Sized SME Factories Sales Expectations Near 3 Year High
Sales expectations of SME factories in UK are near 3-year high due to strong global economy growth and low value of the pound.
National Manufacturing Barometer survey has revealed manufacturing to be the fastest growing sector of Britain’s economy in the final quarter of 2017.
The survey also revealed that more than half of SME manufacturers plan to invest in plant and machinery over the next 6 months. SME manufacturers in UK are more confident in their prospects in 2018 than they were in 2017.
The National Manufacturing Barometer surveyed 320 companies in January 2018
BusinessRiskTV
26th February 2018 Two Labour MPs Discuss Brexit Negotiations
17th January 2018 Deutsche Bank Only Moving Hundreds Jobs Out UK Not Thousands Post Brexit
Deutsche Bank is headquartered in Germany had has told reporters that it will not need to move thousands of UK jobs to the continent post-Brexit. Stefan Hoops, head of Deutsche Bank’s capital market division in Germany explained that they would need to move fewer staff than many have said in the past. One executive previously said 4,000 staff would need to move but the numbers would actually be in the hundreds.
Last week Deutsche Bank Chief Executive was reported as saying that initially several hundred jobs would be created in Frankfurt, Milan and Paris but that is not the same as moving jobs from London.
16th January 2018 Bank of England Thinks Free Trade Deal With EU Including Financial Services Post Brexit Is Possible
It may take three years or more, but contrary to the EU’s chief Brexit negotiator, Michel Barnier, it is possible if the remaining EU27 are prepared to agree such a free trade deal with UK.
Sam Woods, the Bank of England’s deputy governor in charge of Prudential Regulation Authority PRA says a three period to agree a free-trade agreement including financial services could happen because unlike other countries seeking such a free-trade deal, the UK’s financial services are already aligned in terms of financial services rules and supervision.
Sam Woods comments came during his appearance in front of MPs on the Treasury Select Committee.
8th January 2018 City Of London Says Brexit Job Loss Fears May Have Been Exaggerated
The City Of London EU envoy, Jeremy Browne, has been reported as saying that bankinginsurance and asset management job losses to the European Union (EU) may not be as severe as suggested by many including the UK’s ex-Chancellor and now editor of Evening Standard.
Most people were shocked, but that doesn’t mean the implementation of the Brexit vote will be bad for business.
The UK may yet not leave the European Union EU. Great forces will try hard to stop the democratic vote of the people being fully implemented. The people may even change their minds. Anything is possible.
When anything is possible there is increased risk
Increased risk means increased opportunities for growth as well as increased threats.
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If businesses invest their time and energy in controlling the threats from a Brexit and seize the opportunities the UK will benefit from a Brexit. If business leaders can not change or do not have an innovative mindset a Brexit could be bad for the UK economy.
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Learn more about improving supply chain risks. Understand supply chain risks and how to mitigate them. Not understanding your supply chain risks increases the risk of business interruption at best and at worst threatens your business survival.
Increasing business partnerships and business outsourcing of non core business functions reduces the expertise to manage some risks and increases the likelihood that an external risk could stop you servicing your clients business needs.
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Enterprise risk management is the management of the effect uncertainty on business or enterprise objectives. An organisation should create the risk management framework upon which to apply and embed the principles of risk management and the risk assessment process.
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Effective enterprise risk management ERM should focus on managing risks better not measuring risks. Many business leaders think they have an effective ERM system of working, but in fact they have a detailed risk assessment process. This may or may not manage risks better.
The process of identifying risks assessing risks and developing strategies to manage risks better
The risk assessment process must factor in the risk perception and risk culture of the organisation. The risk perception of the assessor so can greatly skew the risk assessment process in a direction that results in either too much or too little risks being taking.
Too much financial cost will be incurred controlling risk disproportionately or the opportunity cost of taking too little risk may mean the business fails to grow as fast as it could with existing resources.
The outcomes of business activities and decision-making are uncertain. There is therefore a risk that the decisions taken are good ones or bad ones.
Enterprise risk management ERM is about trying to increase the number of good decisions and reduce the number of bad decisions to make achieving business objectives easier cheaper and more profitably or more efficiently, in the case of not-for-profit organisations.
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Identify assess and prioritise action and resources to manage enterprise risks better
Reduce the effect of uncertainty on the objectives you have set for your business or enterprise. Use ERM to pull together your available resources to create a coordinated and cost effective risk management plan. Use your existing resources to more confidently improve your business performance.
Minimise the threats to your business objectives. Maximise the opportunities open to your business.
Learn methods of risk management in business
Update your process of risk management in business
Discover new risk management echniques
Taking risks is part of corporate success. You need to take risks to grow and develop. In an ever changing business environment you have to effectively manage risks to achieve more with certainty.
Minimising enterprise threats and maximising business growth
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Understand enterprise risks impacting on your organisation. Analyse and manage risks to make sure you achieve your organisations objectives.
Enterprise Risk Management ERM is an integrated holistic and joined up approach to managing risk across an organisation and its extended networks
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BusinessRiskTVs objective is to build business intelligence in enterprise risk management in all industries and across the globe. Read enterprise risk management articles and watch videostreaming online.
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.
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Learn how to assess risk and create a risk management plan to improve business performance. Identify cost effective controls to mitigate and reduce risks.
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
Develop a new risk based strategy to enhance your business performance with BusinessRiskTV.com
Research the best business management solutions for your business. Develop an effective enterprise risk management ERM plan and strategy for greater business success. Integrate enterprise risk management principles and practices to grow your business faster with less uncertainty.
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Risk Management Online 27000 plus members and counting
Risk Management Online has over 27000 members from around the world who are interested in business enterprise risk management solutions
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Ask business management experts to help remove your uncertainty and improve your business performance. We support the aim of Risk Management Online to promote the use of enterprise risk management ERM to better protect and grow businesses wherever they want to operate in the world
We collaborate with Risk Management Online members on specific projects for mutual benefit of the participating project leaders. Finding a better way to do business is the overriding aim.
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Get in touch. At the very least, we can point you in the direction of the free Risk Management Online group with more than 27000 members. There you can ask for help and solve some business problems for free. Alternatively you could join BusinessRiskTV and its business partners who seek to creatively collaborate on new business solutions on specific projects.
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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.
Enterprise risk management news opinions and reviews on BusinessRiskTV
Inform your business decision making process. Read risk management articles and view videos on the best and worst of business risk management examples. Network and collaborate with your peers locally and globally to find out more about your risk exposures.
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Enterprise risk management news opinions and reviews. Buy new risk management product deals discounts and exclusive offers. Read articles and watch videos to inform your enterprise risk management policy :
Change your attitude to risk and risk management.
Rewrite your risk management strategy based on new enterprise risk management information.
Improve your risk awareness and risk control measures
Explore the right level of risk for your organisation and develop a new appetite for risk
Adjust you risk management organisation and arrangements
Update your risk management procedures and rerank your risk management priorities
Change your proactive and reactive responses to risk and risk management practices
Disseminate latest risk and risk management information to your senior management team and work colleagues.
Benchmark your organisation against the best risk management practices in the world of business.
Find the latest risk management products and services reviews. Get alerts to new risk management product and service deals discounts and exclusive offers.
Identify emerging risks and existing risks that are changing. Adjust your risk management plan priorities to improve your business performance and business resilience.
Tips to protect your business better and grow it faster
The BusinessRiskTV Enterprise Risk Management magazine aims to publish original work that explores conceptual and empirical papers, articles and case studies from all branches of enterprise risk management
Exchange ideas and collaborate with risk practitioners and your peers to protect your business better and grow it faster. Papers are invited from researchers practitioners policy makers and other stakeholders in the field of enterprise risk management ERM. We welcome your contributions in the form of articles Press Releases case studies and video.