Risk Management - Introduction

Buncefield Disaster
On December 11 2005 an explosion occurred at the Buncefield oil depot in Hertfordshire, leading to Europe's biggest peacetime fire.
http://www.guardian.co.uk/uk/buncefield

Heathrow Terminal Five Opening
Heathrow Terminal Five opened in March 2008.  On the day of opening it quickly became apparent that the new terminal was not operating smoothly, and British Airways cancelled 34 flights and was later forced to suspend baggage check-in. Over the following 10 days some 28,000 bags failed to travel with their owners and over 500 flights were cancelled

The identification and acceptance or offsetting of the risks threatening a business

Contingency planning

A plan for unforeseen events, including back up procedures, emergency response and post-event recovery

Starting a Business

Sources of Finance for a Startup
Franchising
Cash Flow Forecasting for a Startup
Creating & Protecting Business Ideas
Startups and Understanding the Market
Market Research for a Startup
Locating the Startup Business
Choosing a Legal Structure for a Startup
Employing People in a Startup
Generating and Protecting a Business Idea
Using Breakeven in Decision-Making

Finance

Revenues
Breakeven Basics
Costs, Revenues and Profits
Business Costs
Using Budgets
Using Breakeven in Decision-Making
Investment Appraisal Basics
Financial Strategies
Measuring and Improving Profit
Improving Cash Flow
Working Capital
Balance Sheet
Income Statement
Financial Efficiency Ratios
Profitability Ratios and ROCE
Liquidity Ratios
Gearing

Marketing

Competition
Products & Brands
Place (Distribution)
Promotion
Pricing
Price Elasticity of Demand

Business Organisation

Basics of Business Growth
Business Activities
Legal Structure Basics
Franchising
Sole Traders and Partnerships
Limited Companies
Generating and Protecting a Business Idea
Organisational Structures

People

Working in Teams
Communication Basics
Communication Methods
Workforce Planning
Recruitment, Selection & Training
Employee Motivation
Organisational Structures

Operations

Operational Objectives
Critical Path Analysis
Scale and Resource Mix
Lean Production
Capacity Management
Customer Service Basics
Managing Quality
Operational Decision-making
Using Technology in Operations
Working with Suppliers

Economic Environment

Economic Sectors
Government Spending & Taxation
Inflation
Unemployment
Interest Rates & Monetary Policy

Business Strategy

Leadership styles
Business Culture
Change Management