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Saturday, December 31, 2011

What is the top 10 list of risks in business world year 2011?

According to Aon’s 2011 Global Risk Management Survey the top 10 risks in business world are as follows:

  1. Economic Slowdown
  2. Regulatory or legislative changes
  3. Increasing competition
  4. Damage to reputation or brand
  5. Business interruption
  6. Failure to innovate or meet customer needs
  7. Failure to attract or retain top talent
  8. Commodity price risks
  9. Technology failure or system failure
  10. Cash flow or liquidity risks

For your convenience here I am adding other potential business risks such as Third party liability, Distribution or supply chain failure etc.

If you are a businessman or an entrepreneur please be careful from aforesaid business risks during operations. And also you may eradicate such type of risks from your concerned business by taking advices from leading consultants www.twcmsi.com or any other business or management consultants accordingly. 

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