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Learning zone: Managing risk – How to prepare for the unexpected
2 November 2022, 2:00 pm - 3:00 pm
Having risk is not good, however letting it become an issue is worse. From financial to resource to supply issues, all can have a major impact on your businesses. Therefore, you need to start planning and monitoring well in advance to help you prepare for change
We will discuss:
- Risk vs issue
- What risks could your business have (people, fraud, flood, late payments, utility issues)?
- Financially understand each risk – will it cost you?
- What would you do differently if there was another pandemic (paperwork, reserves, processes, accounts)?
- Reputational risk
