Today’s global economy is obliging CEOs, governments and consumers to adopt a new way of thinking. The financial crisis and subsequent widespread recession, with its ongoing repercussions, has caused a seismic shift that has reshaped the global business landscape. As the sovereign debt crisis continues, certain countries have already been bailed out with others being downgraded. Financial institutions will have to comply with stricter regulations and companies can no longer rely on credit-fuelled domestic markets for growth. In fact, the need for households, banks and governments to regain their balance will probably dampen growth opportunities in many advanced economies.
Given the magnitude of uncertainty from these economic shifts, companies and business owners alike will remain hypersensitive to risk. To ensure long-term growth, companies must rethink their strategic approach to business.
In view of the current economic outlook, Mike Aldridge, a seasoned UK practitioner with over 30 years experience in corporate strategy will be addressing a business breakfast at the Palazzo Capua with the theme “Managing Risk… Are you at the Helm?” The breakfast is open to CEOs and financial controllers of small and medium sized companies.
Mr Aldridge will explain how a well-structured risk and opportunity control system, operated by the board and senior management of an enterprise, can bring new confidence by proactively managing business uncertainties and strategies.
Mr Aldridge set up Business Issue Solutions Ltd in the UK to formalise the structure of his business, recognising the network of associates that he uses to provide expertise in various professional disciplines and business sectors. His company now has a wealth of experience that can cross fertilise cost effective control practices into your business. Mr Aldridge is now seeking to promote good risk and opportunity management practices to businesses in Malta.
This event is being organised by Areti Business Issue Solutions Ltd (the internal audit arm of Busuttil & Micallef, Certified Public Accountants & Practising Auditors) on Wednesday 12th October at 8.30am at Palazzo Capua. Those interested in attending are required to register their participation by calling Astrid Bonnici on 2149 0645, or send an e-mail to [email protected].
Early booking is advised as space is limited.