Risk assessment
From Algeria to Zimbabwe, Menas Associates uses the in-country expertise of our
consultants, our understanding of local stakeholders and our experience of
advising foreign companies to help our clients identify and manage the array of
risks
facing their operations in emerging markets around the world.
All Risk assessments are tailored to the client's specific requirements. However, each assessment
evaluates the probability and consequence of particular risk events or trends
that
have the potential to prevent our client from fulfilling their objectives in
any
given jurisdiction. The risks identified in each assessment will depend on the
nature of the client's activities as well as the location (both national and
local). However, they typically include risks to security of tenure
(nationalisation, expropriation), regulatory and fiscal changes, major security
incidents, loss
of social licence to operate and risks posed by corruption and interference by
vested interests.
We use a variety of methods to evaluate the means and motives by which
in-country actors might seek to disrupt our client's project. Where possible,
we also
work with our client to identify how the national and local-level impacts of
their
project may trigger particular risks and how gaps in their current risk
management strategy may compromise their ability to deal with risk events when
they
arise.
Menas Risk assessments provide our clients with a clearly presented view of the
risk profile of their operations and a means of prioritizing the management of
risks most likely to undermine their business objectives. Our Risk assessments
typically include recommendations for the strategic management of identified
risks
and, when appropriate, we work with clients on their implementation.
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