Our latest Risk & Confidence survey reveals the concerns, risk blind-spots and confidence levels of business leaders across the globe.
The results make interesting reading from a multinational perspective. Our Survey identified that many companies in the UK are prioritising international expansion to meet their growth ambitions, despite the current political and economic uncertainties.
Blindsided To Low Ranking Risks
The average multinational company operates from just three countries but it still means increased complexities and exposures. Businesses must have a thorough understanding of local regulations, topography and market conditions to succeed, so it’s a concern that our data reveals a lack of focus on Corporate and Supply Chain risks.
Corporate risk includes the exposure to fraud, corruption, poor governance or cultural issues which can do so much reputational damage when moving into new markets.
Supply chain exposures grow if new suppliers and vendors are introduced. A supply chain problem can cause a domino effect that quickly escalates causing regulatory, compliance and reputational issues.
You need a trusted Multinational Partner:
To reduce, remove or simply help you navigate some of these issues, it is essential you have access to a multinational team, focused solely on providing solutions for businesses with global ambitions.
At CNA Hardy we have a dedicated team of multinational experts with over 50 years combined experience of managing multinational programs, networks and countries including Manufacturing, Technology, Transport & Logistics and Life Sciences.
By Jason Beelders,
Head of International Solutions