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Risk Management is Key to Business Success

Coronation Insurance

13 Oct 2022 · Thought Leadership Articles

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Risk management is the bedrock on which effective and suc­cessful businesses are built. This is especially so in the post-Covid global economy where the ability to successfully navigate a new range of increased risks is defining the ability of businesses to perform and succeed.

Supply chain disruptions, inflation, debt, labour market gaps, protectionism and educational disparities have introduced a range of new risks. In addition, uneven responses to Covid and different recovery trajectories have threatened social cohesion, impacted employment variably and challenged growth across the world. As climate transition disorders deepen and cyber vul­nerabilities increase along with barriers to international mobility, gee-strategic tensions and even the threat of war has dramati­cally shifted every country's risk landscape.

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