covid-19 (13)

This is a transcription of our interview with Nelson Hendler, CEO at Maryland Clinical Diagnositcs and Diagnostic Risk Management.

You can watch or listen to the interview on our Risk Management podcast here or via any podcast app.

8069434896?profile=original

MXdeKm-BKOFbBjO1UyE1rBAaAcImScm3lc9BXOmIEI4Mgbc_JwahDKuX0bN4GGAb3-hw17hbFqhol-5JoaH3GV5l0iRiIzLPOKx2I5A8NN9QfDU=s0-d-e1-ft

You can watch or listen to the interview on our Risk Management podcast here or via any podcast app.

8028339479?profile=originalBoris: Welcome to the Risk Management Show. I am Boris Agranovich, founder and CEO at Global Risk Community.

In this episode I'm talking with Nelson Hendler CEO at

Read more…

COVID-19 has taken the world by a storm. Financial markets, manufacturing, services, and tourism have been hit hard.  In fact, it haspic-1-COVID-19-10-Trends-in-Consumer-Behavior-200x300.jpeg?profile=RESIZE_710x also changed the way we work, communicate, interact, and shop more than any other disruption in the decade.

As a result, there have been key changes in Consumer Behavior. There is a growing reluctance to visit crowded places, the increasing shift of work from the office to home, and the higher propensity for digital adoption and Digital Transformation.  The changes

Read more…

COVID-19 is shaping a “New Normal”—a Low Touch Economy that requires a strategic response.pic-1-Strategy-Development-Responding-to-COVID-19-240x300.jpeg?profile=RESIZE_710x

The world is changing. Forced isolation and social distancing restrictions have been put into place with the advent of the COVID-19 health crisis. This is not expected to end soon but is expected to have a lasting effect on the world. In fact, a new generation of consumer behaviors is already being shaped.

The new world will not be better off or worse. It will be different. During this period of influx, some

Read more…

8028326101?profile=original

Specialty Chemical Industry in India is one of the few industries that has managed to gain in these tough scenarios of outbreak of COVID-19 pandemic. Specialty chemical companies have announced a gain of around 3.5 percent backed by soaring demand and slacked cost of raw materials. Propelling demand for hygiene products has kept stocks of major companies like Galaxy Surfactants and Fine Organics in uptrend. Whereas other specialty chemical companies such as SRF, Aarti Industries and PI Industry

Read more…

8028320662?profile=original

Dwindling demand and decline in crude futures made India’s petrochemical feedstock hover several years low post the pandemic invaded the country. India is largely self-sufficient in naphtha, which is a key feedstock for petrochemical products and bulk polymers. The sliding demand made the country’s feedstock players reduce their run rates by almost 40% with some of the players also announcing plant shutdowns. India imports huge volumes of other feedstock (like LNG, LPG, methanol etc.) and hence

Read more…

8028317477?profile=originalReducing the fragility of global Supply Chains in the event of disruption through natural or other disasters is a major concern for most senior executives.  This rings true more so now than ever, as the world grapples with COVID-19, the worst human health crisis in 100 years.

The strategies to enhance the effectiveness and readiness level of Supply Chains and to reduce risks associated with disruption come with a price.  These costs are critical to build Supply Chain Resilience across all industr

Read more…

8028322459?profile=original

Supply Chains often get disrupted by calamities that are beyond human control.  Natural disasters, such as tsunamis and floods, in the last decade have drastically affected major businesses—from automobiles to technology, to travel, to shipments—and exposed critical weaknesses in Supply Chain mechanisms around the globe.  And, now, we are living through a global disruption of an unparalleled nature, COVID-19.

Organizations that rely on single-source suppliers, common parts, and centralized invent

Read more…

India Plant Shutdown and Resumptions

8028313879?profile=original

  • Indian Oil to Resume Work at Paradip-Hyderabad Pipeline Project

Indian Oil Corporation (IOC) Ltd. has resumed work on its prestigious INR 3800 crore, cross-country Paradip-Hyderabad petroproduct pipeline project in Andhra Pradesh and Odisha. The operations restarted recently after the Central government permitted certain relaxations during the nation-wide lockdown. After the approval from the concerned authorities, the work resumed with limited manpower and necessary precautions. The project is a

Read more…

This is a transcript of our interview with Sjoerd Leemhuis, Founder and CEO of Owlin.

You can watch the original video interview here

8028316883?profile=original 

Boris: Hello ladies and gentlemen and welcome to our interview with Sjoerd Leemhuis.

 

Sjoerd is a CEO and co-founder at Owlin in the Netherlands. Owlin is a text and news analytics tool that helps finance professionals monitor their professional portfolio proactively and continuously in real-time.

 

So Sjoerd, can you tell me a short story about Owlin and what

Read more…

8028312058?profile=original

International Plant Shutdown NewsInternational Plant Shutdown News

  • ABEL Chemical goes for indefinite shutdown in its Styrene Monomer PlantABEL Chemicals with an installed capacity of 250 KT Styrene Monomer at Jiangsu, China underwent an indefinite shut down with no prior information on the date for resuming of operations. This temporary shutdown is anticipated to be influenced by slowdown in international chemical sector that has caused a plunge in demand for the products.
  • Saudi Aramco to shut its
Read more…

The coronavirus outbreak is unlike anything we have ever experienced and is spreading at a rapid rate. Whilst nations scramble to regain control, business leaders are having to assess their ability to manage the threat it will have on their business assets, employees, supply chains, facilities and even their brand and image.

This situation is an urgent one, but it also highlights the importance of being prepared should an emergency or critical event occur, whilst also focusing on how people can b

Read more…

Are you newly working from home? Or are you an old pro? Either way, it is likely you are using some form of remote desktop protocol. Those of us who have been working home as our primary means of earning a living, know these tools very well and are accustomed to eliminating the various distractions in our home environment in order to get the job done. There are some precautions to be aware of.

None of us think that we are going to get hacked, even though we have seen time and time again that it i

Read more…

It is easy to operate a business in a stable environment. Businesses can ignore a few risks because they know that in the grand scheme of things, they will be fine. However, a crisis like the current coronavirus outbreak completely changes the equation. Businesses are currently reeling from the impact of the outbreak because they cannot cope up with the dynamic nature of this emerging risk. 

The coronavirus outbreak’s risk is something known as the black swan in the world of statistics. The story

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!