Protecting Profitability by Reducing Financial Risk

Introduction

• You need risk management
• Risk management is an executive strategy
• The ROI of risk management

1. The Risk Management Process

• Boxing vs. brawling
• Identifying exposures
• Analyzing impact
• Controlling the uncontrollable
• Transferring risk
• Implementation and monitoring

2. Protecting Your Assets, Knowledge, and Valuation

• Creating a resilient company culture
• Leadership development
• Forming a crisis team
• Business transition planning
• Avoiding organizational amnesia
• The ROI of you

3. Digital Risk Planning

• Cybersecurity and liability
• Distributed workforce risk planning
• Employment practices liability
• Intellectual property and business intelligence

4. Buying Insurance the Right Way

• Financing your risk
• The broker selection process
• What insurances to buy
• Long-term strategy on insurance

5. Applying Risk Knowledge

• Pre-planning business continuity
• Crisis simulation exercises
• Challenge: Apply your crisis recovery plan
• Solution: Recovering

Conclusion

• Next steps