AFFORD BUSINESS CENTRE

Monday, June 26, 2017

Strengthening Diaspora business risk management and resilience during disasters

Organiser: ABC (AFFORD Business Centre)

Trainer: Jacqueline Williams

Date: Wednesday 27 July 2016

Time: 14.00 – 15.00 UK time

Location: Webinar

To register: please email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Risk management is an important element for the sustainability of any business, but most businesses, particularly small and medium sized enterprises, fail to plan for known and unknown risks.

Our recent AFFORD Business Centre study highlights that only half of diaspora and UK-based investors had any risk assessment and mitigation plans in place prior to the Ebola outbreak in Sierra Leone. The report states that risk planning and management “improves business resilience and chances of weathering the worst consequences during a major crisis, thereby improving the prospects for business continuity.” Additionally, “It also improves the chances of finding emerging opportunities, which can then be capitalised on and translated into success in the face of disasters.”

But, how do you plan for, and manage, known and unknown risks? This session will focus on addressing this question and share practical learning and best practices of planning for risks, as well as sharing tips and tools aimed at improving risks capacity for diaspora enterprises.