Page 72 - CJ 2019 INTEGRATED REPORT

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RISK REGISTER
RISK MANAGEMENT
Risks Relating to our Businesses and Industry
Description & Risk Context
1
2
Economic recession and market situation
The consequences and and the the the severity of of the the the impact of of a a a a a a major cyclical economic economic recession and and and other unforeseen economic economic shocks such as as a a a a a a a a a a a a a a a pandemic terrorism or or or war situation
situation
resulting in in in a a a a a a a a a a a a a a a a a catastrophic market situation
situation
affffecting our ability to achieve set objectives and may threaten survival of businesses Innovation
It is imperative for us to to remain relevant in in in in in in an an an an ever-evolving landscape by adapting our operating model to to changing market dynamics Innovations create greater opportunities and and are critical for the survival economic growth and and success of any any company We constantly try
to to to to to gain deeper insights into customer behaviour and and and preferences to to to to to be be able to to to to to offffer relevant products and services To maintain a a a a a a sustainable business we consider the following challenges:
• Lack of a a a a a targeted strategy on on innovation • Lack of skilled resources OPERATIONAL EFFICIENCY
BUSINESS PORTFOLIO MANAGEMENT
MANAGEMENT
FINANCIAL RISK MANAGEMENT
MANAGEMENT
SUSTAINABILITY FOCUS
CURRIMJEE JEEWANJEE AND COMPANY LIMITED