What do you need to know today about business risk on BusinessRiskTV
How can risk owners inform their enterprise risk decision-making
Keep your risk knowledge and business intelligence up to date. Risk managers are faced with many enterprise risk changes impacting on business decision-making. Get the latest business risk management articles on risk management news opinions and reviews.
Subscribe to our country and industry business risk newsletters
Keep up to date with emerging risks. Read and watch changing threats and opportunities via our risk management articles and videos. Pick up news on business risk information, jobs and future risks on horizon. Hear other peoples opinions on current business risks.
Exploring preparation for a global recession with a businessrisktv.com
What happens to commodity prices in a recession
The coming global recession will slash demand for oil copper and the like. Prices for most commodities will fall. If the world falls into depression commodity prices will fall off a cliff including oil.
Some prices can rise temporarily as people seek a safe haven. People may flee to gold or a few commodities that they think will safe harbour their money during a recession. However a depression, which is more and more likely, causes most commodity prices to collapse.
June’s weaker demand for commodities signals that an economic global recession is coming closer.
BusinessRiskTV
Global recession is necessary to stop runaway global inflation. The hard landing is the only option now available due to the lacklustre response to control inflation by Central banks and global national government.
Agricultural demand and energy demand is likely to keep rising during the autumn and winter and will sustain high commodity prices. This is likely to be aggravated by poor geopolitical decision-making by incompetent national leaders and global bodies like WHO, UN and WEF puppet masters and pied pippers particularly as it relates to food, water and energy. It is likely that another health crisis will emerge in the autumn winter and spring and this is likely to be managed in a restrictive way due to the propensity of these international bodies to take more and more health and economic risk management control. In addition, as demand falls due to rising inflation it can be combined with increased supply chain disruption imposed by recommended risk management action by international bodies that national governments adopt. Worse WHO wants overseeing overriding control of the next wave of the pandemic or next health pandemic.
Demand is likely to stay the same or slightly lower, but our leaders can change the supply up or down with their decisions. Reducing supply will push up prices.
Global stagflation is a certainty. When not if.
BusinessRiskTV
Global commodity prices
Wheat and oil future prices are down in June based on the most actively traded futures. Weaker commodity prices in June indicate we are transitioning to a global recession. Although commodity prices will fall, inflation will increase and stay high whilst growth turns to recession. For example there will be less demand for oil, oil prices will fall, but prices of goods and services will remain high.
Surviving global recession: how do you prepare for a recession
Businesses that can offer business discounts and consumer discounts are more likely to survive as more people become price conscious.
Businesses that supply essentials or luxury items at a discount offer more in the marketplace compared to those businesses who have let their own costs of being in business balloon and cannot offer deals and discounts.
Discount grocery and retail stores tend to have more footfall during a recession. Many supermarkets take advantage of their customers during the good times and suffer a loss of business and profitability when recessionary precious hit the consumers household budget.
People still die during recession! After the management of global risks over the last two years more people will die. businesses which cater for death are likely to perform strongly throughout a recession.
People turn to drink and drugs during a recession! Businesses providing alcohol and drugs will perform strongly during the coming recession.
You still have to pay your taxes! Accountants and tax advisors are likely to still perform well during the recession.
Everyone can afford a bit of lippy! Cosmetic businesses can perform well during a recession.
As for the rest of businesses, they must fully understand what’s important and what is not for their particular business model. Offering more value for money will become more important.
Global recession 2023
Risk Review 28 June 2022: Transitioning to a global recession in 2023
Increase your chances of success with BusinessRiskTV Risk Management Experts Webcasts
How can I develop my risk management knowledge and business intelligence
BusinessRiskTV regularly hosts free risk management webcasts run by risk expert trainers for your country or industry. The risk management webcasts are free to attend from any device you normally use to access key business risk information and business intelligence. Develop your risk knowledge and business risk management skills.
Develop your risk knowledge, business intelligence and business risk management skills with Pro Risk Manager service. Our Pro Risk Manager Service will help you explore the evolution of holistic enterprise-wide risk management in response to the ever-developing world of risks.
Subscribe to BusinessRiskTV.com for free
Risk Management Experts Webcasts Series
Enterprise-wide risk management educational risk management webinars and risk management workshops designed to explore common challenges business leaders face every day. Solve corporate governance, business risks and compliance (GRC) issues quicker and cheaper with help from our Business Experts Hub participating in online risk management webcasts.
Harness more knowledge to improve your life and business with BusinessRiskTV.com
Our knowledge marketplace is for both buyers and sellers. If you are an expert who can help solve life and business problems. Sell in our knowledge market. Sell your personal knowledge. Sell better business answers to buyers who need quick ways to overcome barriers to business success. We are building networks of business leaders entrepreneurs and life coaches who create a knowledge hub for you to find the answer to your questions quickly.
Identify what our experts know and what you need to know to overcome problems quicker. Connect with lifestyle and business experts live online. In many cases access free initial consultation to find out if our experts can help you.
Knowledge is key to improving your personal and business decisions. Sell and distribute your business or lifestyle improvement knowledge to people who are stuck and in a hurry to overcome problems.
The Knowledge Marketplace
Global Risk Report Discussion Analysis and Review On BusinessRiskTV
Visiters to BusinessRiskTV can ask questions to get better answers quicker
We have a range of forums to get the answers you need to improve your life or business quicker. Some are free others attract a fee. You have to be a member of BusinessRiskTV to ask a question. Membership is free.
Making a market in knowledge in our online knowledge market
Working with our Knowledge Partners we make it easier to make better decisions in life and in business. Our Knowledge Partners include entrepreneurs business owners executives risk professionals and life coaches who are seeking to connect with more potential clients.
If you have lifestyle improvement or business expertise to help others overcome problems become a Knowledge Partner. You will be a business expert or lifestyle enhancer.
Subscribe to BusinessRiskTV for latest BI Risk Intelligence and global risk insight to your inbox for free
Follow BusinessRiskTV for free business risk management insight, risk knowledge and business intelligence. Understand global risks better. Inform your business decision-making for free. Network with business experts locally and globally to solve business problems quicker and cheaper.
Global risk insight to inform business decision making. Risk aware business intelligence to avoid mistakes and seize opportunities. Risk management expertise creates BI risk intelligence to reduce uncertainty and increase business confidence. Want to protect your business and pick the best opportunities for growth? BusinessRiskTV online business management community can help you overcome barriers to business success faster. Identify assess and control business risks better. Manage strategic operational and project risks in consultation with other business leaders and risk management experts.
Country risk experts
Industry risk experts
Innovative global risk insight and risk knowledge sharing
Avoid reduce transfer or accept risks in the right combination for your business. Understand the context with which you have to manage business risks.
BusinessRiskTV business connections and networking services can help your business grow faster with less uncertainty
Connect and engage with other business leaders and risk management experts online wherever you are in the world with WiFi connection
Gain risk insight into key critical risks impacting on your business objectives. Tap into risk management expertise more easily. More cost effectively address risk management problems. Evaluate business risks holistically. Connect with risk experts and collaborate in risk sharing workshops. Our risk expert network have a wide risk of risk management experience collectively. Shared solutions can be more cost effective.
Unleashing the Power of Global Networking: Advantages for Businesses
In today’s interconnected world, businesses are increasingly recognising the significance of global networking. Building connections and fostering relationships across borders has become a crucial strategy for organisations seeking growth, innovation, and a competitive edge. In this article, we will delve into the numerous advantages that global networking offers to businesses of all sizes and industries. By leveraging the power of connectivity, businesses can unlock new opportunities, gain valuable insights, and expand their reach on a global scale. Read on to discover how global networking can propel your business to new heights.
Enhanced Collaboration and Knowledge Sharing: Global networking opens the doors to collaboration with individuals and organisations from diverse backgrounds, cultures, and expertise. By connecting with professionals worldwide, businesses can tap into a vast pool of knowledge, insights, and perspectives. This exposure to different ideas and approaches fosters innovation and creativity within organisations.
Moreover, global networking provides opportunities to participate in conferences, seminars, and industry events, where experts and thought leaders share their expertise. These interactions enable businesses to stay updated with the latest trends, technologies, and best practices, enhancing their competitiveness in the global market.
Access to New Markets and Business Opportunities: One of the most significant advantages of global networking is the ability to access new markets and expand business opportunities beyond borders. By establishing connections with international partners, businesses can gain valuable insights into local markets, consumer preferences, and cultural nuances. This knowledge allows organisations to tailor their products or services to meet the specific needs of diverse markets, increasing their chances of success.
Furthermore, global networking provides a platform for businesses to showcase their offerings to a wider audience. Through cross-border collaborations, joint ventures, or strategic partnerships, companies can enter new markets with reduced risks and enhanced market knowledge. This enables them to tap into untapped customer segments, diversify their revenue streams, and drive sustainable growth.
Building a Stronger Brand and Reputation: Global networking offers businesses the opportunity to build a stronger brand and reputation on a global scale. By connecting with influential individuals and organisations, companies can enhance their visibility and credibility within their industry and beyond. Positive endorsements and collaborations with reputable international partners can significantly impact a business’s brand image and attract new customers.
Additionally, active participation in global networking events, industry forums, and online communities allows businesses to showcase their expertise, thought leadership, and unique value propositions. This exposure positions them as industry leaders and trusted authorities in their respective domains, further strengthening their brand reputation.
Recruitment of Global Talent: Global networking provides businesses with access to a vast talent pool from around the world. By establishing connections with professionals and organisations internationally, companies can tap into a diverse range of skills, experiences, and perspectives. This enables them to recruit top talent from different cultural and educational backgrounds, bringing fresh ideas and innovative approaches to their teams.
Moreover, global networking facilitates the identification of potential partners, suppliers, and collaborators who can contribute to a business’s growth and success. By connecting with like-minded professionals, businesses can build strategic relationships that foster innovation, create synergies, and drive mutual growth.
Global networking has emerged as a vital tool for businesses seeking growth, innovation, and success in the global marketplace. By leveraging the advantages of global networking, businesses can enhance collaboration, access new markets, build a stronger brand, and recruit top talent from around the world. Embracing a global mindset and actively participating in networking activities can open doors to unprecedented opportunities and pave the way for long-term success.
In an increasingly interconnected world, businesses cannot afford to operate in isolation. Establishing and nurturing global connections allows organisations to stay ahead of the curve and adapt to the rapidly changing global business landscape. Whether it’s through attending international conferences, leveraging online platforms, or forging partnerships with organisations worldwide, businesses can harness the power of global networking to propel their growth.
The advantages of global networking for businesses are undeniable. From enhanced collaboration and knowledge sharing to accessing new markets and business opportunities, building a stronger brand and reputation, and recruiting global talent, the benefits are vast. Embracing a global networking mindset is no longer a luxury but a necessity in today’s hyperconnected world.
To make the most of global networking, businesses should actively seek opportunities to connect with professionals, industry experts, and potential partners on a global scale. They can explore online networking platforms, join industry-specific communities, participate in international events and conferences, and establish strategic partnerships with organisations in different countries.
However, it’s essential to approach global networking with a genuine intent to build meaningful relationships and provide value to others. Networking is not just about self-promotion; it’s about establishing mutually beneficial connections and fostering a collaborative ecosystem.
By capitalising on the advantages of global networking, businesses can expand their horizons, tap into new markets, stay abreast of industry trends, and unlock innovation. In this fast-paced and interconnected world, building a strong global network is a powerful asset that can set businesses apart from the competition and pave the way for sustained success.
So, don’t wait any longer. Start exploring the world of global networking and unlock the limitless opportunities it offers to take your business to new heights of success in the global marketplace. Embrace the power of connectivity, foster collaborations, and position your business as a global player in your industry. The possibilities are endless when you dare to connect, engage, and grow on a global scale.
Collaboration in Crisis: Are You Leveraging Your Network? In times of crisis, your network can be your greatest asset. How do you collaborate with industry peers to manage risks? Share your best practices for leveraging relationships and fostering a culture of collaboration in crisis management. BusinessRiskTV.com #networkcollaboration #CollaborationNetwork #Collaboration #BusinessRiskTV #ProRiskManager
What is global risk?
What is global risk? Find out more about global risks to your business on BusinessRiskTV.
Improving risk management process and culture with BusinessRiskTV
Top business risk experts share risk management tips advice and support. We look forward to connecting more risk experts with business leaders. Solve business problems faster and more profitably with BusinessRiskTV.
Receive email alerts to upcoming events workshops and online risk management discussions to manage risks better.
Network with key business leaders around the world to improve the way you manage risks
Continual risk management learning opportunities on BusinessRiskTV. Access support via our expanding online resources of risk knowledge webcasts and other free risk management material. We support your own agenda for continued professional development.
Improve your risk management capability risk knowledge and business risk management culture with BusinessRiskTV risk experts.
Improve your customer satisfaction
Boost business performance
Share risk management knowledge
Work together with BusinessRiskTV to achieve your own business objectives.
