angl.ppt
- Количество слайдов: 10
Business Plan Managing Risk management is a crucial element to corporate management system in any company. Improving the efficiency of risk management process allows us to expedite the decision.
Business Plan 1. 2. 3. 4. 5. Capital Set a goal! Choosing partners Size and location As the ship will be named, as it will float 6. Staff 7. Advertising - the motor trade
Managing Risk • Operational • Strategic • Financial • Natural
Operational (Affect on Daily working of the business) • Failure in the system • Loss of data • Staffs mistakes solution • information protection • Installing antivirus system • monitoring of the market “All can done better than has been done before” Henry Ford
Strategic (Daily decisions: direction, daily( weekly, monthly )plans) Personal Problems in the planned sale The inefficiency of the working Misdirection of advertising «Does not make sense to hire smart people and then specify what to do. We hire smart people to hear from them what to do» Stive Jobs solution • information protection • Installing antivirus system • monitoring of the market
Financial (lack of money in firm) The risk of exceeding the project budget. Cause: • The investment took more than was planned. • The level of risk can be significantly reduced by careful analysis of investments in the planning phase of the project. solution • provide funding for unforeseen expenses • to consider capital financing on the planning stage working “Victories teach naive, destruction - the wise; successes give some lessons, failures - thousands. Learn the lessons of the losers” Jeff O'Leary
Natural (event cant be expected) solution • To plan ahead to survive • To know what to do when disaster will happened • To be ready to move to save locations • To back up a computer system • To be ready to restore operations after crisis
Risk that can`t be protected Systematic risks - risks that can not be influenced by the action of the control object. Is always present. These are: -Political risks (political instability, social and economic changes) -Natural and environmental risks (natural disasters); -Legal risks (instability and imperfection of the legislation); -Economic risks (sharp fluctuations in exchange rates, government measures in the field of taxation, restriction or expansion of exports and imports, foreign exchange legislation, and others. ).
Following tasks: • Reducing variability and improving the quality of business planning • Creative optimum of insurance program • Optimization of corporate management and control internal systems • Capital allocation and prioritization of investments • Reducing losses.
“There are no secrets to success. It is the result of preparation, hard work, and learning from failure” Colin Powell
angl.ppt