RIMS EXECUTIVE REPORT: Decoding Political Risk Management

August 03, 2016

Report Warns: A Lazy Understanding of the World’s Geopolitical Situation Can Be Costly
 
NEW YORK (August 3, 2016) —  By understanding the foundation of the organization’s business, the risk tolerance acceptable to leadership and key details of countries under consideration, a risk manager can start to gain solid footing to tackle the complicated world of political risk, according to a new RIMS Executive Report Decoding Political Risk Management.
 
Based on conversations with geopolitical risk management experts, the report provides a guide for risk professionals assessing their organizations’ political risk.  The report defines political risk and explores top concerns for organizations as they expand globally, the characteristics of these risks, mitigation strategies, as well as the state of the political risk insurance market.
 
“Opportunities for organizations to expand globally have become more plausible and, often, too valuable to be overlooked,” said RIMS President Julie Pemberton. “Understanding political risk and being able to contribute to the organization’s ability to navigate such obstacles is a priority for today’s risk professional. This RIMS report offers practitioners a look at some of the strategies world-leading risk management experts have implemented or have advised their clients to consider.”
 
RIMS Executive Report Decoding Political Risk Management is available in RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge.  For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.
 

For more information, contact:

Josh Salter, Senior Communications Manager, (212) 655-6059 or JSalter@rims.org

About RIMS

As the preeminent organization dedicated to promoting the profession of risk management, RIMS, the risk management society®, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS is committed to advancing risk management capabilities for organizational success, bringing networking, professional development and education opportunities to its membership of more than 10,000 risk management professionals who are located in more than 60 countries. For more information on RIMS, visit www.RIMS.org

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