Understanding the Risks & Liberating the Business. Michael Jensen, Head of Commercial Lines, Arabia The Business Of Governance, 4 th September 2013. About AIG Operating in 3 regions. About AIG Facts and Figures. Risks for the SME. What is your approach to Risk Management ?
Michael Jensen, Head of Commercial Lines, Arabia
The Business Of Governance, 4th September 2013
What is your approach to Risk Management ?
The risks match the profile of your business
Your business model strategy and marketplace can expose you to a wide range of risks
Following review of what can be managed and makes good business sense to action, are there still risks that the business could not recover from, or might have difficulty recovering from?
Can you transfer some of the risk to another party?
Risk Transfer though does come at a cost!
Once you have understood the risks to your business, and the ways you plan to manage these risks you need to consider the future
All of these factors need to be considered for the future impact on your business and your risks
A recent survey revealed that more than 48% of investors are willing to pay additional premium over stock prices for companies known to implement sound corporate governance practices…….. .as opposed to other companies which may have same level of profitability but characterized with inefficient management or a record of poor governance practices……..
The message is clear – those SME’s that have a commitment to
are going to be the companies that gain the funding and support of lenders and investors alike.
Effective Risk Management canLiberate your Business
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