Strategic Risk Management in Agri Business

Strategic Risk Management
Knowledge Center

Forum
bananigantayat
mba, India

Strategic Risk Management in Agri Business

Can anybody explain how SRM can be used in agribusiness sector i.e. how to mitigate the risk?

  Jason C. Meyer
Student, United States
 

Reducing Risk in Agriculture

I'm no expert on agribusiness, but in order to reduce risks you must first identify them.
Go through every possible risk scenario and estimate how likely each risk event is.
Then identify and implement steps that can be taken to avert the most likely and/or most damaging risk events.

  Y.S.Ganesh
Senior Teaching Faculty , India
 

SRM in Agri Business Sector

Risk of perishability of agro items.
Risk of natural calamities causing crop failure (leading to higher prices & supply problems.
Risk of farmers' inability to invest in agro implements / seed / fertilizers can lead to loss of business.
Insurance & derivatives can be considered for SRM.

  RICARDO
Chile
 

Strategic Risk Management In Agro-Industrial Business

First of all, in my opinion, you must identify the risks. In the agro-industrial business, there are many, from the beginning until the payment of your sales.
They range from pests or diseases, to customers who do not pay the shipping, and all kinds of claims.
SRM is about the management of these risks, minimizing the impact they could cause on your company.

 

More on Strategic Risk Management:
Summary
Forum
Enterprise Risk Management versus Strategic Risk Management
Strategic Risk Identification and Mitigation in Banking
SRM Experiences and Results
🔥Does Risk Management Increase Strategic Risk?
How to Manage Unavoidable Risk
👀Strategic Risk Management in Agri Business
An 8th Class of Strategic Risk?
Involve SRM when making Strategic Decisions
Classes of Political Risk. Types
ISO 31000 on Risk Management
Opportunism in Risk Management
Strategies for Investment Risk Mitigation
Risk Management for Beginners
Go find Risks... Embracing Risks
SRM for Central Banks?
Best Practices
Current Economic Conditions and Strategic Risk Management
The Organizational Drag of Risk Management Must be Diminished
Strategic Expenditures (StratEx)
Special Interest Group

Do you have a keen interest in Strategic Risk Management? Become our SIG Leader

Strategic Risk Management
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2022 12manage - The Executive Fast Track. V15.8 - Last updated: 5-7-2022. All names of their owners.