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Safeguarding your future - Ernst & Young - Greece

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Safeguarding your future

Massive government interventions in the financial sector may have prevented even more calamity, but great uncertainty still lies ahead.

So it’s imperative that you form a strategic view of all the risks you now face. This means defining what your key risks are, weighting their probability and impact on business drivers – and developing your thinking on actions to take.

Ernst & Young can support you in this. We can undertake risk assessments that go beyond financial and regulatory risk to consider the wider environment in which you operate. We can conduct scenario planning for your key risks to make sure your risk management processes are linked to the actual risks that your business faces. And we can help you put in place effective monitoring and control processes that give you earlier warnings, and enable you to respond quickly and effectively.

This rigorous and disciplined approach to risk management helps you safeguard the future of your business – and supports you in facing the challenges of the recession.

European Fraud Survey 2011

Unethical behavior remains common within many corporate cultures across Europe. Those who place a premium on integrity know that ethical behavior isn’t just desirable, it’s also good for business. Read our European Fraud Survey 2011 to learn more.

The top 10 risks for business

In today's post-downturn economy, a variety of business risks have emerged -- and some have become more prominent. From the threat of increased regulation to emerging markets to social responsibility and more, our survey of leading industry executives shows which risks you should be prioritizing this year.

The top 10 business risks for 2009

What challenges are likely to affect your company in 2009 and beyond? The credit crunch aftershocks and the deepening global recession rank as the most important business risks for 2009, displacing regulation and compliance from the top spot. Green initiatives, competition from new entrants, human capital issues, and reputational risk all rose in The 2009 Ernst & Young business risk report — the top 10 risks for global business (pdf, 1.9mb).

Manage risk in the current climate

This issue of BoardMatters Quarterly, "Managing risk in the current climate" (pdf, 610kb), is dedicated to helping audit committees identify, prepare for and protect against the key risks their companies may face during these strenuous times.

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