Businesses now spending more time on business strategy and risk management
- Published on Tuesday, 16 April 2013 18:14
- Written by Mike McClain, Web Editor
Small and medium-sized enterprises (SMEs) have undertaken the biggest risk-management behaviour shift in a generation, with 53 per cent spending more time on their business strategy and risk management than they did before the financial crisis, according to a study by Zurich.
Some 35 per cent are doing more long-term financial planning, and 33 per cent are scrutinising their business continuity plans more frequently.