Lecture Art of Leadership and Motivation - Lecture 25 - Trường Đại học Công nghiệp Thực phẩm Tp. Hồ Chí Minh

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FACILITATOR

Prof. Dr. Mohammad Majid Mahmood

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What is Risk?

 Risk arises from uncertainty; but all 
uncertainties do not carry risk.

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development planning issue?

 Planners are responsible for the protection of 
company assets.

 Planners must work to improve shareholders’ 
value, which is not possible without taking 
some risks.

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Why take risks?

 Because you have to.

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Risk Management Process

 Risk Identification

 Risk Assessment

 Selection of risk management techniques
 Implementation

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Risk Identification

 Risk profile of a company

 Formal listing of all potential risks.
 External professional help

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Classification of Risk

 Production risk

 Risk of inputs
 Risk of outputs

 Environmental risk
 Political risk

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Risk Assessment

Having listed all the potential risks, ask:
 How likely is it for any of these risks to 

actually materialize?

 What is the maximum possible loss that can 
arise from each of the listed situations?

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Risk Management Techniques

 Risk avoidance

 Loss prevention and control

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