Thinking about risk is not everyone’s favourite activity. However, if you run any kind of business these days, it is well worth your while getting a handle on the possible things that could go wrong for your company in the short, medium, or long term. After all, it is far better to be prepared in the event of disaster striking.
Here are some examples of some possible calamities for which it is better to be prepared:
-Security breach: An intrusion, or hacking incident, into your servers. This could jeopardise customer lists, including their confidential financial details
-Change in market circumstances: Competitors merging with little warning and forming a super-company, which could prove really hard to compete against
-A currently profitable product line going out of fashion, or being superseded by a superior technology
-A natural disaster (For example, fire or flood) affecting your business HQ or other crucial business premises, such as a stock warehouse.
These, and many other scenarios, should all be given due consideration, and this is where a skilful Risk Manager could be of great value to your business.
In the past decade, Risk Management has become a formal profession, with its own set of qualifications, and professional standards. Companies are increasingly looking for effective risk managers.
If you are currently on the lookout for Risk Management jobs, we advertise them here at Acumen. Indeed we specialise in finding just the right people for stimulating, well-rewarded Risk Management jobs in blue chip companies.