How much risk is too much?

09:20, Wed 28 Nov 2012

What are the main threats to business today, and how can Government support industry in facing these risks? In this podcast, recorded at an Industry and Parliament Trust briefing, the Right Hon Hazel Blears MP talks to two experts in the field, Dr Bridgette Sullivan-Taylor, Associate Professor at Warwick Business School, and Mr Richard Waterer of Marsh Risk Consulting. They discuss the range of risks that businesses face in the 21st century, from natural disasters to political instability, and the challenges for inexperienced managers during a recession. The panellists emphasise the importance of strategic decision-making at senior levels as well as identifying unexpected threats such as supply chain failure and understanding the appetite for risk within a company. They also debate the role of government in providing incentives for businesses to take more risks.

(MP3 format, 12 MB)

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