Mark Gossington’s Post

Unlock cost-efficient #riskmanagement strategies with the latest KPMG paper, "Cost transformation in risk." Discover practical approaches to help reduce expenses without compromising quality in today's dynamic economic landscape. Read more: https://bit.ly/4bifCaF

Discover how an antifragile business mindset can help you turn risk and disruption into a competitive advantage. Download our Global Risk Landscape 2024 👇 #BDO #GlobalRiskLandscape2024 #RiskAdvisory

I am pleased to share that BDO has published the Global Risk Landscape 2024 Report. The report shows that 60% of business leaders believe that new risks are increasing in pace. Adopting an antifragile attitude may be the key to turning risk into opportunity. Find out how with our Global Risk Landscape Report now. #bdo #globalrisklandscape2024 #risk #riskadvisory

🔍 Understanding and Developing Your Risk Appetite 🔍 In today’s dynamic business environment, defining and managing your risk appetite is crucial for strategic success. Here’s how to effectively develop your risk appetite: Assess Organizational Capacity: Evaluate your company’s financial stability, market conditions, and strategic goals to understand your risk tolerance. Balance Innovation and Risk: Find the right equilibrium between pursuing new opportunities and safeguarding against potential downsides. Align with Business Strategy: Ensure your risk appetite is in harmony with your overall strategy to make informed decisions and set achievable goals. Foster a Risk Management Culture: Cultivate a proactive approach to risk management throughout your organization. By clearly defining your risk appetite, you can navigate uncertainties more effectively and position your business for sustainable growth. Want to learn more about developing and managing your risk appetite? Explore additional insights and strategies to enhance your approach. #RiskAppetite #StrategicRiskManagement #BusinessGrowth #RiskManagement #DecisionMaking #StrategicPlanning #RiskCulture #Innovation #BusinessStrategy https://lnkd.in/dGzKK34B

Want to learn how to cut #RiskManagement costs without compromising on quality? 💸 Explore cost-effective solutions in KPMG's newest report, 'Cost Transformation in Risk'. Read it today.

Why do some businesses crumble under the weight of unexpected challenges while others emerge stronger? The answer often lies in their approach to risk management. A fragile risk process leaves your business vulnerable to severe consequences — including financial loss, reputational damage, or even operational failure — in the face of unexpected disruptions. In a fragile environment, the potential for growth or recovery is minimal, but the downside can be catastrophic. Worse, the impacts of fragility grow as external pressures intensify, making organizations increasingly vulnerable. Understanding and addressing fragility is not just a business necessity; it’s a survival strategy. Read more on our latest blog 👉 https://hubs.li/Q030-1Q10

Managing Financial Risks Leads to Stability and Growth!   Effective financial risk management is crucial for companies to maintain stability and drive growth. From economic uncertainties to regulatory changes, navigating risks requires strategic planning and proactive measures. Key strategies include conducting comprehensive risk assessments, diversifying revenue streams, implementing robust contingency plans, and strengthening internal controls and governance frameworks. By prioritizing risk management practices, companies can safeguard their financial health, enhance resilience, and capitalize on emerging opportunities as they arise. #BusinessStrategy #RiskAssessment #InternalControls #FinancialHealth #Finance

"Risk comes from not knowing what you’re doing."– Warren Buffett With this principle in mind, I’m excited to share that I’ve completed the “Finance Foundations: Risk Management” course on LinkedIn Learning! 🌟 Here’s how I now see risk: • It’s not just something to avoid—it’s an opportunity to strategize and grow. • It’s the bridge between uncertainty and innovation. 🎯 This course has equipped me to: • Understand and assess risks with precision. • Balance opportunities with mitigation strategies. • Enhance decision-making in uncertain financial environments. Risk is everywhere, but being prepared makes all the difference. Whether in investments, business, or life, embracing risk strategically is key to sustainable success. 🚀 What’s next? Applying these insights in real-world scenarios and continuing to expand my knowledge. 💬 I’d love to hear how you approach risk—let’s exchange ideas and learn together! #RiskManagement #FinancialResilience #LifelongLearning

Want to learn how to cut #RiskManagement costs without compromising on quality? 💸 Explore cost-effective solutions in KPMG's newest report, 'Cost Transformation in Risk'. Read it today.

Want to learn how to cut #RiskManagement costs without compromising on quality? 💸 Explore cost-effective solutions in KPMG's newest report, 'Cost Transformation in Risk'. Read it today.