{"id":72601,"date":"2021-07-20T12:16:11","date_gmt":"2021-07-20T10:16:11","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=72601"},"modified":"2024-09-30T14:03:58","modified_gmt":"2024-09-30T12:03:58","slug":"professional-risk-management-anticipating-and-navigating-hazards","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/customer-magazine\/professional-risk-management-anticipating-and-navigating-hazards\/","title":{"rendered":"Professional risk management – anticipating and navigating hazards"},"content":{"rendered":"

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Editorial<\/span><\/h2>\n

Dear Readers,<\/p>\n

In March of this year, the pictures went around the world – the Ever Given, a giant freighter with a cargo capacity of over 20,000 containers, ran aground in the Suez Canal, blocking one of the world’s most important trade routes. This resulted in many companies having to wait for their goods, major production losses and a devastating financial impact.<\/p>\n

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In addition to the blockage of the Suez Canal, the delivery bottlenecks for microchips also sent many companies into crisis mode. In this Supply Management Insights, we highlight what structured and proactive risk management can do and how you can implement one.<\/p>\n

Particular risks lurk around supply chains, especially in the areas of compliance and sustainability. For example, the Supply Chain Act passed by the German Federal Cabinet will require large companies to be more transparent and to comply with environmental standards and human rights. This is also playing an increasingly important role for private equity companies\nin their investment decisions, as we found out in the new edition of our private equity study.<\/p>\n

Enjoy reading and stay away from risks!<\/p>\n\n

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