I was facilitating a leadership development program for a global financial services firm, and the CEO spoke to the audience.
Some key takeaways:
- Mitigate global external risks
- Price of oil decreasing by half
- Venezuela’s 100% annual inflation, which means corporate investments there decrease by 8-9% a month
- As Russia business expansion grows, the money falls when converted back to US due to currency falling
- As price transparency increases, need to also increase importance of customer service
- How best to deploy capital? Stock buyback, acquisition? Keep in play?
- Spend $35-40 Million/year on cyber security
How does your company mitigate global external risks?
