Working On The Frontier Jake Stratton Control Risks
A world of opportunity?
Identifying the risks Political volatility Policy stability Partnership risk Security of assets Employee safety Forewarned is forearmed!
Scenarios, signposts, flashpoints and triggers Political volatility Scenarios, signposts, flashpoints and triggers
Politics and business Clearly very uncertain political climate – uncertain operating conditions for foreign business: 26 national elections, plus many at local level (Niger just had first round of local elections) Impact on business from contract risk (Guinea – Pres Condé vet opp leader) Cote d’Ivoire - Pres Outtara since ouster of Laurent Gbagbo DRC – Pres Joseph Kabila Extremism (Nigeria – Pres Goodluck Jonathan) RSA – ANC factional tensions, Pres Jacob Zuma / ANC Youth League Pres Julius Malema. Pressure from the ANC's left-wing allies in the tripartite alliance and more radical ANC members such as Malema: tensions over policy direction. Madagascar - Ravalomanana replaced by Rajoelina in 2009 Kenya – Pres Kibaki (Kikuyu tribe), succeeded Daniel arap Moi (‘78-’02) As if political/security risk on land not enough, note grey patches on map – maritime security threats (of which more later) YET huge potential: extractives (traditional key markets like Nigeria, Tanzania, DRC, but new kids on the block: Liberia [corruption problem] and Mozambique) Other sectors: financial services, infrastructure, consumer goods, food and agriculture. 26 PRESIDENTIAL AND/OR LEGISLATIVE ELECTIONS IN AFRICA IN 2012 26 April 2017
Partnership risk How is the partner company connected? Political connections: asset or liability? Managing the culture
Securing your business Proprietary information Corporate integrity Business continuity Physical assets Employees
Securing your employees A variety of measures enable companies to fulfill their duty of care and engender confidence: Corporate policies and procedures (specific allocation of responsibility, incident management teams etc) Information (country and city-specific security information, real-time travel alerts and advisories, hotlines etc) Technology (Travel tracking, e-learning tools) Training and orientation (hostile environments, incident management, travel security etc) Vulnerability surveys (residential, workplace, travel) Physical protection
Systematic risk management Due Diligence Security Policy & Training Country Risk Analysis Fraud Risk Management Planning Implementing Crisis Planning Contingency Planning Market & Competitor Analysis IT Security 24-Hour Support Pre-Employment Screening Monitoring Risks Investigations Responding Managing Corporate responsibility Crisis Response Security audits & Training Forensic Services