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Using business enterprise risk management tools to help inform business leaders. Pushing the boundaries with pioneering new formats to reach more people in UK and beyond. Connecting with business leaders and entrepreneurs around the world.
Live video streaming for business will help identify assess and control corporate enterprise risks.
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Looking for online business reporters and Citizen Journalists to expand the pool of providers to this online channel. Communicate online to a broader range of consumer audience and business key decision makers.
Take control of the news on the streets online. Play your part in the process of collecting reporting analysing and disseminating news and information locally and globally.
Looking for ordinary members of the public to report news events
Use your own equipment social media accounts and ideas. Spread the latest information real news and own insight. Report the facts your opinions and your conclusions independent of traditional news outlets.
Use a range of digital media to present a new style of journalism online. Take an active role in creating the news and critiquing local and world events. Seize the opportunity as an amateur journalist to spread the word.
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Work with others on ideas to grow your business faster
SME business thinktank on business growth and development. Entrepreneurs and business leaders developing new income more profitably. Focus on reducing costs increasing productivity and maximising profit for small to medium sized businesses in the UK.
Small medium sized businesses in UK growing faster with less uncertainty
Join our interactive business think tank to network with business leaders to grow your business faster.
The corporate risks behind the latest news headlines put under the spotlight to identify the lessons business leaders need to learn to protect their own business. Grow faster with less uncertainty about risks on horizon or here right now.
BusinessRiskTV Risk Spotlight Early Warning Risk Identification For Business Leaders
Maximise return on your investment of time and money
Identify risk improvements necessary. Develop your skills and the risk management skills of workforce. Review where you are now. Receive recommendations for corporate risk improvements. Our risk management experts can help guide your business decisions.
Manage the issues facing your business better. Gain enterprise risk insight to understand threats and opportunities.
Looking back at past mistakes to make future better
In order to move forward we must look back. If we want to create a better future for our businesses we need to learn the lessons from the mistakes of the past.
Sometimes you have to look back to move forward
Nobody wants to make mistakes. Where they have been made we should not repeat them
Achieve what we want from business decisions quicker and easier
Reduce risk of duplicating past mistakes by learning the lessons
Benefit from others mistakes as well as your own mistakes
Learn how to use past mistakes to make business better. Undertake risk reviews to check what went wrong and why. Develop real risk insight to build your business intelligence.
Often we learn more from failure than success. Ultimate business performance can be higher after lessons learnt. Not reviewing risk management errors condemns you to repeating them.
Transform your business on back of past mistakes. Your past mistakes can be the foundation of your future success. However do not dwell on past mistakes. Learn lessons move on but do not keep picking wounds.
Step into your future by looking back at past mistakes
Collaborate with business leaders around world. Learn lessons from their mistakes and from businesses not in the collaboration. Review business mistakes so we do not suffer same fate.
The Bigger Risk To Financial Services Jobs Is Automation Or Robots Not Brexit
Ignore the threat to financial services industry jobs of Brexit. You should be much more worried about the threat of robots. Job automation is the biggest finance sector threat and opportunity.
Job Automation Risk To Your Financial Sector Job
No doubt. Financial services industry is very important to the UK economy. If financial services jobs were lost other sectors would be affected. Fewer services jobs needed to service those in financial services jobs!
Many jobs in financial services are high paid jobs. Top British bankers are paid much more than elsewhere. Resistance to moving to Germany is as much about personal reasons. The UK economy may or may not suffer after Brexit. Bankers will suffer.
However people in financial services are facing automation existential threat. Never mind moving to Germany your job is going full stop!
FinTech company jobs will be prevalent. Bankers less so. Most financial services jobs can be done faster cheaper better. Robots will be
more reliable and
after a few years significantly cheaper
How long do you think the C Suite will keep your job. If job automation is better for bonuses your job is toast!
Existing financial services jobs are like UK miners jobs. The buildings will remain but the people in them will be different. Cyber security and fintech risk managers will be plentiful.
Banks insurers and funds will need cyber experts. They will stop external and internal threats to money.
Fintech risk managers will direct risk appetite and risk tolerance
C suite virtual bankers insurers fund managers will be wealthier
Wealthier investors but more at risk of systemic industry collapse
Software developers will frequent the bars and restaurants. Existing financial services people will be there waiting on tables!
Most existing financial services jobs will be lost to job automation. Do not doubt this for a second!
However it is not all doom and gloom. The key to survive is to move into the new financial services sector jobs. Some new financial services jobs do not exist right now! You must change your skills set to take advantage and survive.
Its not just the top bankers that need worry. Indeed they are the ones most likely to easily morph. Financial services jobs most at risk
Financial and investment advice
Any financial services sector job your current phone app replaces!
Consumers have a choice to use financial services apps and websites. In future the consumer will have no choice. Financial services consumers will not speak to people. People will be gone replaced by job automation. The robots will have taken over the financial services world!
There is no point in complaining. No point arguing with us. Better spending your time reskilling instead. Stop worrying about Brexit. Start retraining to overcome threat of job automation. Learn tech skills not German!
Eurozone European Union EU or European Economic Area EEA free trade. Whatever your business relationship with UK collaborate more on BusinessRiskTV.com. Cooperate to sell more to each other more easily.
Whether you align yourself with just UK EU Eurozone or EEA or none of them
Trading more brings down barriers. Every free trade agreement has an edge demarcation or barrier. Pull down barriers by trading more freely one to one. Then national barriers will fall.
EEA provides for the free movement of persons, goods, services and capital within the European Single Market
To get the most out of your business assets you do not need a free trade agreement. It does not matter if you are in favour of Brexit or not. You have to manage the threats and opportunities from Brexit. If your business is in the UK EU EEA or on the other side of the world trade more.
BusinessRiskTV.com offers practical tips tools and techniques to trade more
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We will suggest how we can help you trade more
You do not need to do what we recommend. What we recommend will increase your opportunities for business growth.
There is an argument that the EU27 were being held back by UK. Maybe UK is being held back from global growth by EU? Most business leaders no longer care.
Most do not trade outside of their country
Most just want to know what the new environment is
Most will get on fine with whatever is agreed
Our role is not to meddle with the politics. What will be will be. Our duty is to make the best out of the finalised deal. BusinessRiskTV.com will help business leaders wherever they are trade more profitably.
BusinessRiskTV.com Pan European Business Collaboration whether in Eurozone EU EEA or None Of These
Develop access to overseas marketplaces. Develop a new strategy to access new incomes streams. Diversify your income streams and build business resilience.
Overcoming Trade Barriers
Do not know where to start to export more overseas? BusinessRiskTV.com can help you overcome barriers to more overseas trading.
Join the relevant working group for your business
Cooperate and work together to generate new revenues
Agree the best new business development strategy
Work with local and global business management experts to overcome all trading barriers. Combined risk knowledge will help you break into new markets. Grow your business faster and build business resilience.
We help you increase market access. Enhance capability to remove barriers to overseas trade. Learn how to overcome barriers to trade yourself.
Work together to negotiate who will do what and when.
Inadequate risk knowledge may be holding your business back.
Reduce the costs of exporting more overseas
Exporting more not only increase sales it increases business resilience
Connecting people with demand with people who can supply.
What Are Your Tips For Increasing Overseas Trade
Maybe you you have your own best tips to increase trade? Any questions on increasing your overseas trade? Engage online with your Twitter account.
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
Optimise Risk For New Business Opportunities For Your Company
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.
How To Identify new business opportunities
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.
BusinessRiskTV.com Identifying Business Opportunities
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.
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
The long list of failures to manage enterprise risks is too depressing to list here. Such a waste of time, money and life!What an opportunity cost to corporate entities and society.
The only long lasting positive thing to come out of each major risk event or negative aggregation risk outcome is legislation
Our present crop of senior managers executives fund managers and politicians are not any worse or better than previous ones. Talking a good game about risk governance or compliance GRC is often followed by another failure to manage risks with all stakeholders in mind.
Eventually the general public start looking for heads to lop off and new legislation is written that can often be more risk-averse than it needed to be but The People got sick of the incompetence at the top and something had to be done.
Business leaders and politicians often moan about statutory legislation but if managers could manage risks better we wouldn’t need more legislation. Recent examples of major risk events or aggregation of regular failure to manage smaller risk events are more examples of our key risk decision makers failing and more legislation is required to fill the gap in risk management knowledge and/or failing corporate risk management culture.
22nd February 2018 Members of UK’s Parliament MPs Question Pensions Regulator In Public
The Pensions Regulator head with responsibility for monitoring pensions and protecting pensioners in UK admitted to MPs that the Pensions Regulator needed to be clearer quicker and tougher in using its powers to force companies to pay more into their pension schemes.
As an example of the Pensions Regulator’s failure one could highlight Carillion where many thousands of pensioners face reduced pensions. Carillions pension Trustees asked the Pension Regulator in 2010 and 2013 to force Carillion to put more money into it’s pension scheme. The Pension Regulator twice refused and the Pension Regulator CEO since 2015 admitted that it should have done more to extract higher pension contributions from Carillions executive management team.
Carillions executives have claimed that a failing Qatar contract was one of the main causes of Carillions collapse, but auditors KPMG say that was not a cause of Carillion’s collapse.
KPMG tried to defend their auditing of Carillion’s accounts in 2016 and 2017, but the business select committee chairperson said she would not hire you KPMG to audit the contents of my fridge.
Much criticism has been expressed about the system of corporate governance in UK’s biggest companies. Who is responsible for the loss of pension benefits for Carillion pensioners is not clear but what is clear that the current system of corporate governance and risk management is not working for stakeholders like pensioners majority of employees contractors shareholders and corporate customers. The winners are winning big and the losers are losing big!
20th February 2018 UKs Pension Regulator Ignored Trustees Of Collapsed Outsourcing Firm Carillion
The pensions regulator twice ignored requests from trustees of Carillion to force the company to fill Carillion’s pension black hole.
The pensions regulator has come under fire from UK’s members of parliament for failing to take steps to protect Carillion’s pension scheme members, especially as they were asked twice by the trustees of the pension before Carillion collapsed. When Carillion collapsed, the firm had pension liabilities of around £3 billion.
With characteristic alacrity, the Pensions Regulator started its arduous process of chasing money down from Carillion a few days after it was formally announced there was no money left Frank Field chair of parliaments Work and Pensions Committee.
BusinessRiskTV Are Oxfam Carillion and Growing Skills Gap in UK USA Japan just some of the more recent examples of the senior management malaise, or examples of systemic failure of current crop of capitalists?
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.
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!
How do you develop and improve your enterprise risk management model
Your enterprise risk management framework is critical to embed cost effective enterprise risk management principles practices and procedures to protect your business better and grow it faster. Apply an improved ERM framework to aid improved strategic operational and project risk outcomes to support improved business performance and sustainability with less uncertainty.
Build a more holistic integrated risk based decision making process
Could you boost your enterprise risk management ERM capabilities?
Business leaders face new challenges to their business survival and prosperity on a daily basis. Our service will help you to build your enterprise risk management ERM capabilities for free.
Grow your risk knowledge and risk intelligence enterprise wide with the help of BusinessRiskTV. We can help you complete a business health check of your ERM capability and provide tips help and support you to grow your understanding of ERM in a practical way that brings improved productivity and business performance.
Our ERM capabilities oversight will enable your business to adopt a more practical more cost effective approach to risk mitigation, and seizing more new business opoortunities.
Take the ERM capabilities business healthcheck to find out your enterprise risk management framework maturity level. When you have benchmarked where your business is now you can work on enhancing your enterprise risk management ERM capabilities.
Changing your decision making process will help managers and business owners achieve performance and profitability targets with more certainty. Improve your risk management capabilities with help of BusinessRiskTV.
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.
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.
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 DEVELOPING 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.
HSE Safety Culture News Views Reviews Jobs
Pick up safety management news tips advice and support to improve safety management in your business. Read safety product and safety service reviews. Watch safety management videos online. Join in online safety management debates and discussions. Learn from our safety management expert panels in online talks and question and answer sessions.
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.
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.