FM
Global finds views differ on biggest threats to revenue |
Company executives and risk
managers view their organizations' main risks differently than do the
investment professionals who analyze companies' performance, a report
concludes. |
|
Risk managers and corporate
executives tend to rank property-related hazards as the leading threat to their
''top revenue drivers,'' according to the report, which was released by
Johnston, R.I.-based Factory Mutual Insurance Co., which does business as FM
Global. |
|
Top revenue drivers are defined
as those assets that contribute most to earnings and those that executives are
most concerned about protecting. |
|
In fact, 69% of risk managers
and company executives cited property-related hazards collectively as the ''top
hazard.'' These risks included fire/explosion, natural disasters and
supply-chain problems. |
|
Only 31% cited non-property-related
hazards-the most common being labour issues-as the biggest threat to their
revenue drivers. Terrorism and sabotage, considered a property-related hazard,
was cited by only 1% of the corporate executives as a threat. |
|
The investment professionals,
however, stressed non-property-related hazards-such as pricing fluctuations and
government or regulatory actions-as the biggest threats to company revenue
drivers. |
|
Seventy-nine percent of the
investment professionals cited a non-property-related risk as the top threat,
with only 21% citing a property-related risk. |
|
In addition, 80% of the
corporate respondents rated their companies as being ''good'' or ''excellent''
in protecting their key assets. However, only 51% of the investment analysts
gave the companies similarly high marks. |
|
Rochester, N.Y.-based Harris
Interactive conducted the survey for FM Global in March and April of this year.
The research company polled more than 200 risk managers, more than 200 chief
financial officers and treasurers and about 200 securities analysts and
portfolio managers in North America and Europe. |
The report, ''Managing Business
Risks,'' can be accessed at www.protectingvalue.com.
|
|
|
FM
Global finds views differ on biggest threats to revenue |
|
|
|
Company executives and risk
managers view their organizations' main risks differently than do the investment
professionals who analyze companies' performance, a report concludes. |
|
Risk managers and corporate
executives tend to rank property-related hazards as the leading threat to their
''top revenue drivers,'' according to the report, which was released by
Johnston, R.I.-based Factory Mutual Insurance Co., which does business as FM
Global. |
|
Top revenue drivers are defined
as those assets that contribute most to earnings and those that executives are
most concerned about protecting. |
|
In fact, 69% of risk managers
and company executives cited property-related hazards collectively as the ''top
hazard.'' These risks included fire/explosion, natural disasters and supply-chain
problems. |
|
Only 31% cited
nonproperty-related hazards-the most common being labor issues-as the biggest
threat to their revenue drivers. Terrorism and sabotage, considered a
property-related hazard, was cited by only 1% of the corporate executives as a
threat. |
|
The investment
professionals, however, stressed nonproperty-related hazards-such as pricing
fluctuations and government or regulatory actions-as the biggest threats to
company revenue drivers. |
|
Seventy-nine percent of the investment
professionals cited a nonproperty-related risk as the top threat, with only 21%
citing a property-related risk. |
|
In addition, 80% of the
corporate respondents rated their companies as being ''good'' or ''excellent''
in protecting their key assets. However, only 51% of the investment
analysts gave the companies similarly high marks. |
Rochester, N.Y.-based Harris
Interactive conducted the survey for FM Global in March and April of this year.
The research company polled more than 200 risk managers, more than 200 chief financial
officers and treasurers and about 200 securities analysts and portfolio
managers in North America and Europe.
|
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