Remove risk-exposure
article thumbnail

Risk Management Concepts

CaseInterview.com

One of the most useful things I learned when I worked at McKinsey’s Financial Institutions Group was understanding risk. It was a concept that I did not fully grasp before working in risk-based industries like consumer lending. A decision with unknown variables has risk. Risk is the same as uncertainty.

article thumbnail

Consulting Tip #7: Beware of Other People Using Your Intellectual Property for Their Exposure

Johanna Rothman

They wanted my intellectual property for their exposure. The “Best” Exposure Offers Value to Both Parties I'm flexible on what value can be. I don't expect exposure. I said this in the Successful Indepentent Consulting book : People die of exposure—both hot and cold. I declined their offer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Startup Businesses with Professional Consulting Services

Business Consulting Agency

While startups hold immense potential for innovation and growth, they also face risks and uncertainties that require strategic guidance and expertise. Risk Management and Compliance Managing risks and ensuring regulatory compliance are essential for startups to mitigate liabilities and protect assets.

article thumbnail

BRICS Currency – How Will It Affect International Business?

Tom Spencer

Another motivation would be to reduce the foreign exchange fees and risks associated with using US dollars for international transactions and domestic investment. They would also need to navigate the potential challenges of a multi-currency environment, such as volatile exchange rates and currency risk.

System 88
article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

Tracking operating efficiency is important but you should focus on trends over time rather than comparing absolute numbers among banks because operating efficiency is heavily influenced by business mix and does not take into account capital requirements or risk. Image 3: Illustrative example of a bank’s operating expenses 4.

Banking 88
article thumbnail

Business Startup Investors And Business Consultants

Business Consulting Agency

However, investing in startups comes with inherent risks and challenges. Consultants conduct thorough assessments of startup business models, market opportunities, competitive landscapes, financial projections, and risk factors.

article thumbnail

Transformative Benefits of Consulting

Business Consulting Agency

Risk Management and Compliance Navigating regulatory requirements, risk management, and compliance standards is critical for businesses. Consulting services provide risk assessments, compliance guidance, and risk mitigation strategies.