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5 Things To Remember When Starting A Chemical Manufacturing Business

Strategy Driven

A chemical manufacturing company is a potentially very lucrative business idea, however, it does require a lot of initial investment. You’ll have to put a lot of money into this business if you want to get it going which means the risk is very high and if you fail, you will find yourself in a very difficult financial position.

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Small Firms Shifting Horizons As A Result Of Brexit

The Horizons Tracker

It shows clear attempts to move exports away from EU markets to elsewhere in the world. The data showed that the smallest exporters were shifting up to 46% of their export growth from the EU to other markets since the referendum in 2016, with slightly larger firms shifting around 19% of their exports. Gravity defying. Tariff barriers.

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Consumer Warning Labels Aren’t Working

Harvard Business Review

A label may read, for example : “WARNING: This product contains a chemical known to the state of California to cause cancer.” ” Many consumers regard this cancer warning as comparable in severity to cigarette warnings, even though the risk levels depend on the chemical present and often differ markedly.

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Joining Boards: It's Not Just Who You Know That Matters

Harvard Business Review

The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management. The region with the greatest board-level skills gap is Asia, where risk management and M&A adeptness are sorely needed.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

A company sets up a joint venture with a partner that has complementary assets and capabilities, in order to limit up-front investments, speed up market entry, and reduce risk. For example, Ageas, a large European insurance company, has been using this model for its successful expansion into Asia.

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The Comprehensive Business Case for Sustainability

Harvard Business Review

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. billion in mining projects since 2010. Fostering innovation. In 2005, they launched a U.S.

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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 4 of 4

Strategy Driven

My client (a different chemical company) later had a similar explosion. We therefore mounted a full-scope crisis management initiative that focused heavily on after-the-crisis help for the victims and their families. Prevention of leaks in customer information and losses in company market position. Body of Knowledge.