![]() In total, the company lost about $8 billion in shareholder value and had to pay $25 million in government fines. In 2015, the restaurant chain Chipotle experienced a string of E-Coli outbreaks that caused their profits to decline by 95% by the next year. You can download this framework to modify and swap out with your own data to customize for your needs, as these tools can be applied to your personal life, or decisions your business needs to make. Risk appetite, categorization, analysis and mitigation plans are just a few of the techniques you'll walk away with. We'll explain the tools and techniques they use to avoid catastrophe and manage their risks. With this explainer, you'll read how many of the companies you know were actually on the brink of failure. You'll also read some real-world examples of how these companies conduct their own risk management to succeed where their competitors fail. We'll review the top Risk Management tools from the biggest consulting firms like McKinsey, Bain, and BCG who advise companies like Google, Amazon and Apple to avoid failure. Did you know the Model 3 was one of Tesla's biggest risks? Our Risk Management (Part 2) deck shows the techniques that big tech companies use to minimize risks and identify new opportunities. ![]()
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