June 29, 2021    London, UK

Webinar on

Business and Risk Management

June 29, 2021

Webinar on

Business and Risk Management

Believe in creating new ideas

Briefly Know About This Event

3rd Webinar on Business and Risk Management will be held on July 29th, 2021 in London, UK. The overall objective of the webinar is to bring together a Global Executive Risk Management Roundtable featuring leading risk professionals from three continents. Hear about their experiences, as well as opportunities for business leaders to implement innovative risk management strategies that support revenue-generating initiatives and corporate decision-making. Longdom invites all experts to be part of this webinar series and makes it a perfect platform for knowledge sharing and networking.


Start-up is defined as a newly emerged business to satisfy the market needs. The percentage of risk for this is very high. It mainly revolves around creative ideas, thoughts, discovering new products, new services, etc. Then committing the right team to improve the idea to work is the key step of a start-up. The successful journey of the team on the main idea and working collectively also plays a key role in the success of the start-up. Then comes the main thing called financial support. In the US alone a large number of campus entrepreneurship programs are offered in universities, based on this about 27 million people are running their own business in the US topping the Global Entrepreneurship Index. Now a day's financial support for a start-up had become very easy by the esteemed support of the banks, financial institutions, etc. Then the correct market timing to release the product also plays a vital role in the success of the new company. Validating the results to attract additional resources via investments, Revenue shares etc. increases the scope of the company

Half of the people who meant to be academic Entrepreneurs are Scientists, Graduates, and Students of Universities etc. They tend to start a business based on their studies, research works etc. They tend to convert the results of their studies to money. These academic entrepreneurs are funded by the universities, to do this kind of innovative stuff. After the successful completion of the business projects, the universities will be the partners of the particular business also. This academic Entrepreneurship is a boon to the academicians who want to pursue their dream of being an entrepreneur. Even though it looks like a foot in two worlds but the ultimate result of being an Academic entrepreneur will be great.

The COVID-19 pandemic is disrupting our everyday habits and creating an unprecedented level of uncertainty for entrepreneurs. You will need to adapt your business to the new economic reality. This free live webinar will present a step-by-step approach to manage risks, create contingency plans, and equip your business with a strategic vision that takes into account the changed landscape.

Whatever idea you have whether it is selling coffee, computers, and conferences etc.  It pays to know and understand your market target. The time gap between sharing your idea of starting a business should be spent over studying the concepts of the business and marketing. Big businesses do this in spite of its high cost. They have teams dedicated to interviewing the customers, surveying about the possibilities, analyzing buying partners, etc. This analysis and studies should be done at every stage of the business. But the major part should be completed in the seedling stage. The study of market research helps us to analyze whether our idea is innovative? the area to start the businesses, time when to apply for the funding, when moving into new markets etc. Second thing thinking of how your idea will be helpful to the customers. The major study should be done on the type of customers who get attracted to the idea. Basically, there are 3 types of customers. They are purchasers (Those who take the decisions), Influencers (Those who influence the purchases), End-users (Who usually interact with you and use the product). This study directs the growth of your business. Later you need to concentrate on the competitors in the field. This study gives a clear idea of how you would tailor your growth when competing with each group. The last point to be noted is the Collaborators who support your idea but aren’t paid or rewarded for that. So making these studies will be helpful for the growth of your idea into a business

Banks and financial institutions have a current challenge in meeting increasing customer demands. The financial industry has turned to customer relationship management (CRM) technology as a solution to providing a better customer experience from mobile apps to branch locations. CRM has become almost a necessity within the financial services industry to create customer experiences which build brand value.
With consumers having the power of choice in a highly competitive market, customer experience is front and center. Strong customer relationships are a key indicator of a healthy business. In today’s changing climate, banking consumers now possess the power of choice. A choice that has unfortunately made brand loyalty decrease in recent years, with many banking customers having more than one place they store their money, take out loans, or invest for the future.

Multinational consultancy company Accenture has been leading efforts and finding the most appropriate solutions for business continuity for its clients. Not surprisingly, their publications are always under our radar and we try hard to keep up with Accenture’s output in several areas, including Risk Management and Business Continuity Management.

A critical step in building an effective risk management culture is understanding the organizational context and speaking a shared language. Driving the right response to risk events requires a common understanding of the potential consequences of outcomes and the criticality of timely response. Without a shared understanding of what is being communicated, risk response efforts may not be appropriate, timely or effective for preventing losses.

Data and analytic proficiency is imperative for Enterprise Risk Management (ERM). This webinar will discuss trends and challenges in today’s digital world, the role that data and advanced analytics can play to improve risk management outcomes and best practices for leveraging data and analytics for continuous risk management. This presentation will be led by Pat Saporito, CEO and principal consultant at Saporito & Associates.

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