Dr.Anil kumar official

Objective To learn about the reputation risk    Key Learnings from the Video 1. Concept of Reputation Risk The loss of a business/brand’s reputation is known as reputation/reputational risk. The following are the consequences when the brand name of a business gets spoiled: Decreased sales Declined market share Reduction in the social capital (Value of brand on social media platforms) Reputation risk causes loss to business from all aspects. Businesses have to struggle for a long time to gain the lost reputation. For example, a few years back Maggi lost its reputation and was even banned and was away from the market for a long time. The reputation loss also caused loss to its parent company Nestle and also created a challenge for its future in the country, and this resulted into changes in the top management of Maggi. 2. Reasons of Reputation Risk a. Product Failure It means the product is not up to the mark as per customers’ expectations or the commitments which you made while...

Objective  To learn how to manage strategic risk  Key Learnings 1. What is Strategic Risk?  Risks associated with business strategies and plans are called strategic risks. Strategic risk arises due to the failure or the absence of strategies to run any business.  For example, in absence of any strategy to launch new products in the market may trigger "an innovation risk," which is a type of strategy risk.  Strategic risk can also be defined from the perspective of liability risk. If you do not properly assess any liability and there is no liability coverage provision in your company, then this becomes a liability risk.  For example, a company wants to work on a new project to expand its business. In this case, a project risk arises in case of: Project planning failure Improper planning Strategy failure Not getting a new project  Missed deadline Project risk is also a type of strategy risk.  All the aspects of business in which strategy or decision...

Objective of the E-BOOK  To learn about the stock market risk    Key Learnings from the Video 1. Meaning of Stock Market Risk The term investment itself means risk because the return on investment is always a thing of concern. When an investor is investing in the Stock Market he/she taking a risk as an investment in the shares of the company may not mean high returns, this can also lead to a loss. 2. Types of Risks The various types of risks are: a. Systematic risk Systematic risk is the risk that arises due to the fluctuations in the stock market of the country in which you are investing is known as systematic risk. For example, if an investor is investing in the Indian stock market, then his/her investment can be at risk according to the movement/fluctuations in the stock market (like National Stock Exchange, Bombay Stock Exchange, etc.). Systematic risk cannot be covered because it is caused due to a particular system which is in place.  The various situations whi...

ECONOMIC RISK MANAGEMENT  To learn how to manage economic risks  Key Learnings from the Video 1. Economic Risk  The economic/investment risks occur due to changes in business conditions or government policies and this is called economic risk. There are two types of economic risk: i. Macroeconomic Risk  This refers to the risk arising due to global economic changes such as economic policy changes by the US, UK, etc.  This type of risk occurs due to the factors that are outside the control of a country and impact your business operations in that country. ii. Microeconomic risk  This refers to the actions/events in your country that affect your business operations.  For example, if you are in steel trading business, then fluctuation in the price of the steel is a microeconomic risk. This type of risk affects the foreign operations of your company. Economic risks can "suddenly make your business unsustainable." For example, Jet Airways' business was advers...

RISK MANAGEMENT To learn about the steps of the risk management process    Key Learnings from the Video 1. Risk Context For the proper management of risk, you should understand the context of the risk involved.  Different businesses have different risks depending on various factors and operations. For example, the risk factors for a flower shop are the short lifespan of flowers, logistics management, delivery of stocks on time, stock to be sold on the same day, and consumable inventory.     2. Risk Analysis and Consequences Identify the risks and determine how it can harm the company/business. Risk analysis is all about developing an understanding of the upcoming risk by knowing: a. Type of risk b. Impact of risk c. Time of risk d. Risk is positive or negative e. Risk is economic or financial f. Stock market risk g. Whether the risk is hampering operations h. Whether the risk is the outcome of strategy opted You should analyse the risk, measure its intensit...

Trainer Anil Maurya ki busi Vani  Credit goes to BADA BUSINESS  Section 1: Burning Problem Solved in the Video What is Business Scaling? Difference between Business growth and Business Scaling Are you ready for Business Scaling? Section 2: Summary of the Video Business growth means an increase in revenue with a corresponding investment in the resource. Business scaling means an exponential growth in revenue with only a few resources. The three different types of scales are user growth, customer growth and B2B. You should keep asking yourself whether this is actually the right time to scale your business. You should define your goals before scaling up your business. Business scaling helps in acquiring new customers. Section 3: Main Content of the Video Many businesses sink because: They don’t understand the difference between growth and scaling They aren’t ready, they suddenly start scaling, and the whole business goes straight down The easiest way to understand business scalin...