Que faites-vous si votre organisation est confrontée à des risques financiers ?

Um diagnóstico inicial é de suma importância para levantar históricos de indicadores e verificar a saúde financeira do negócio como um todo. Como estamos falando de crise, em um brainstorming inicial com os principais gestores do negócio, tudo deve ser considerado e depois ponderado. Em experiências anteriores vivenciei um momento em que a empresa em que eu trabalhava reuniu um comitê de crise onde o squad multidisciplinar era responsável por sustentar os planos de ação direcionados na resolução dos problemas que estavam levando a empresa para a situação de insolvência.

It's important to have a risk and governance framework which can track and manage risk KPIs and understand how they impact your business performance. Ultimately access to data from various parts of your business and external sources which can provide answers and predict risks on the horizon is an important advantage to have and prevent unnecessary surprises.

Financial risks vary in nature and structure. It is important to first identify the source and type of risk and conduct thorough assessment. The first thing as a general rule is to look at the cash flows as they are the financial lifeline of a company. Based on the nature of cashflows, device a recovery plan to reduce costs, increase revenue, manage cash flow, and address any efficiency losses in interest, forex etc. The most important thing for an organization to communicate the risk and the efforts taken by management to contain and recover to all stakeholders. Once a plan is implemented, the management has to monitor the progress and seek professional advise where required especially if it involves negotiation with creditors etc.

1. Identifique os riscos • Condições econômicas • Mudanças no mercado • Competição 2. Avalie os riscos 3. Desenvolva um plano para mitigar os riscos • Diversificação de suas operações • Criando uma reserva de capital • Obtendo seguro • Implementando medidas de controle de custos 4. Monitore os riscos e atualize seu plano conforme necessário

In navigating financial risks, organizations must assess vulnerabilities, cut costs, diversify revenue, strengthen controls, build cash reserves, engage stakeholders, and seek professional guidance. By aligning expenses, diversifying revenue, maintaining robust controls, and fostering transparency, organizations can enhance resilience and adaptability. Proactive risk management fosters innovation and sustainable growth.

The First step for identifying the risk management framework is to identify the specific cause of the risk and to determine who will be effected by it no. Then we should do the analysis that what are the likelihood of the occurrence of risk and what will be the potential financial impact. Then if there is a risk there will be needed some strategy to reduce or minimise its impact. Then after implementing the strategy we should monitor progress on risk minimisation. We need to do observation continuously as we can make changes then in the plan if required. At last, we need to do the review of the risk management process and how successful it resulted in minimising the risk impact for the company.

Define risk appetite and tolerance: Determine the level of risk the organization is willing to accept. Establish policies and procedures: Outline clear guidelines for managing financial risks. Assign roles and responsibilities: Designate individuals or teams responsible for risk management. Example: The company establishes a risk management committee that meets regularly to review risks and make decisions.

Élaboration d'un plan d'action : Créez un plan d'action détaillé pour résoudre les problèmes financiers identifiés. Ce plan doit inclure des objectifs clairs, des actions spécifiques à entreprendre, des responsabilités assignées et des échéanciers.

Uma das ferramentas administrativas mais utilizadas e, que para esse caso, pode auxiliar é o ciclo PDCA, que consiste em num processo do início ao final, ao tomar decisões mais assertivas, como: o como: - Planejar: definir qual objetivo a ser alcançado (meta); - Dirigir: por quais caminhos para seguir à partir de uma previsão, o como e o que será feito, - Controlar: os resultados, o que foi previsto comparado ao realizado, quais caminhos traçados e seus resultados; - Acompanhar: verificar o que está efetivamente dando certo e funcionado, e o que precisa ser alterado, mudar estratégica e rumos para alcançar a meta.

Diversify investments: Reduce market risk by investing in a variety of assets. Hedge exposures: Use financial instruments to offset potential losses. Enhance operational efficiency: Improve processes to minimize operational risks. Example: The company hedges against currency fluctuations by purchasing forward contracts. They also implement a quality control program to reduce the risk of errors.

Risk mitigation strategies are helpful when when wishing to reduce, transfer, avoid or accept financial risk. Some strategies examples include - Diversification - Hedging - Insurance - Stress testing - Contractual Protections These strategies should be based on the risk assessment and management framework. They should only be used when necessary and shifted to the circumstances and needs of the organisation.

Gestion de la trésorerie : Élaborez une stratégie de gestion de trésorerie efficace pour garantir que l'organisation dispose des liquidités nécessaires pour faire face à ses obligations financières. Cela peut impliquer la gestion des délais de paiement des fournisseurs, la maximisation des flux de trésorerie entrants, etc.

When I faced a risky debt-to-equity ratio, I supported a strategy for managing debt. By reducing investments and thereby decreasing debt, you can lower your interest expenses and improve your financial health. It's important to carefully monitor your debt levels and make informed decisions about when to reduce investments and when to reinvest in growth opportunities.

Réduction des coûts et optimisation des dépenses : Identifiez les domaines où des économies peuvent être réalisées et mettez en œuvre des mesures pour réduire les coûts. Cela peut inclure la renégociation des contrats, l'optimisation des processus, la réduction des dépenses non essentielles, etc

É muito importante construir um plano de ação e colocá-lo efetivamente em prática, monitorar e cobrar resultados. Outra técnica conhecida e utilizada é o 5W2H, para “definir uma maneira clara e objetiva de listar cada uma das ações e acompanhar a forma como ela será executada (KAFSKI, Nathali Teixeira Lopes)”: I. What – Defina o que será feito; II. Who – Indique o responsável pela ação; III. When – Determine os prazos para a realização de cada tarefa/ação; IV. Where – Cite onde será feita a ação; V. Why – Reflita sobre a importância da execução da atividade e o motivo para que esta ação seja concluída; VI. How? – Mencione a forma como será feito; VII. How much – Levante os custos para a realização desta atividade.

La mise en place d'un système de surveillance continue pour suivre l'évolution des risques financiers et m'assurer que les mesures d'atténuation fonctionnent comme prévu. Cela peut impliquer la mise en place de tableaux de bord financiers, de rapports réguliers sur les risques et de réunions périodiques avec les parties prenantes concernées.

Mi sugerencia sería, primero definir la frequencia de revisión y actualización de los datos/riesgos. Mantenendo el enfoque en "Flujo de caja y riesgo de crédito" propongo las siguientes técnicas: 1. Analisis del Flujo de Caja Proyectado vs. Realizado. 2. Modelado de Escenarios (esto incluye escenarios pesimistas, optimistas y más probables). 3. Portafolio de Exposición al Crédito (evalúe la exposición total al riesgo de crédito en relación con el capital disponible de la empresa). 5. Informes de Cuentas por Cobrar (informes de cuentas por cobrar para identificar clientes con riesgo creciente de incumplimiento).

Drawing up an efficient, cost effective and workable plan is important. Adequate resources should also be made available to implement this plan; with the right tone from the top and control and monitoring process in place for robust implementation.

Il est essentiel de communiquer de manière transparente sur les risques financiers avec les parties prenantes internes et externes, y compris la direction, les actionnaires, les créanciers et les régulateurs. Cela contribue à établir la confiance et à minimiser les incertitudes.

Es esencial implementar técnicas de registro de lecciones aprendidas y mejora continua, como reuniones de revisión post-proyecto, bases de datos de conocimiento accesibles, y sesiones regulares de retroalimentación. Estas prácticas fomentan la adaptabilidad y el aprendizaje organizacional, optimizando la gestión de riesgos y el flujo de caja.

As rightly pointed above, this process has to be monitored continuously with the view to improve it at every step. Life long learning and adoptibility is the key here.

For me, this is a critical foundation for robust risk identification, monitoring and management. I'd describe it as more of a 'red thread', an ever present component of end-to-end risk management, than as the sixth step. Active collaboration and engagement with stakeholders is fundamental to identifying risks early. Through regular, open communication an organisation can not just get earlier visibility of risks it also build the trust and relationships with stakeholder groups which may help to mitigate the potential impact of a risk if it crystallises.

Maintain open and transparent communication with stakeholders, including investors, creditors, employees, and regulators, about the organization's financial risks and the measure being taken to address them. Timely and honest communication can help build trust and confidence in the organization's ability to navigate through challenges.

Having an open discussion with the view to listen, learn and grow together is key. Every view / feedback of the stakeholder needs to be evaluated, and the relevant risk needs to be accessed (whether high, medium or low risk) before jumping in to drawing up actions to mitigate each risk.

Let's dive into it with a story of an IT company heavily reliant on a single technology platform for its products or services. If that platform experiences technical issues, security breaches, or becomes obsolete, it could disrupt the company's operations and jeopardize its market competitiveness. To mitigate this risk, the company could invest in diversifying its technology stack by adopting multiple platforms or developing proprietary solutions. By conducting regular assessments of emerging technologies and market trends, the company can stay ahead of potential disruptions and adapt its strategies accordingly. Implementing robust cybersecurity measures would safeguard against data breaches and minimize downtime.

Um documento de extrema importância, que pode e deve ser visto com as demais demonstrações contábeis, é o "Fluxo de Caixa", considerando toda existência de um ciclo operacional (recebimento e pagamento), geração de fluxo de caixa (movimentação), investimentos (aplicações), e demonstração desses resultados (superávit ou déficit), pois para Gitman (2015, p. 94): "devem se concentrar nos fluxos de caixa ao planejar e monitorar suas finanças. Você deve estabelecer metas financeiras de curto e longo prazos (destinos) e desenvolver planos financeiros pessoais (mapas) que mostrem o caminho para chegar aos objetivos. Os fluxos de caixa e os planos financeiros são tão importantes para os indivíduos quanto para as empresas."