FW: List of Risks - Abbas, Raahil, Nitesh, Harin bhai, Tushar ji, Meenal & Samir

[nitesh...@newreka.co.in]

Dear Huzeifa,

 

Have added Samir’s Risks as well. Will continue to send you updated version as we receive it from others.

 

@Sachin, Shraddha, Jigar – kindly share your organization’s risks.

 

Thank you,

 

nitesh

 

Abbas Gabajiwala - List of Risks - Zephyr Toymakers.

 

1. Dependency on small second level team.

2. New competitors with money.

3. Dependencies on critical suppliers. (Unable to find alternatives)

4. Data breach/loss

5. Dependency on IT partner. (Website, data and systems)

6. Disruptive businesses and technologies.

7. Complex production process could lead to serious production breakdown.

8. Policy changes leading to lack of raw materials.

Raahil Dhruva: Following are the list of potential risks that MQ needs to assess and mitigate for FY 2019-20 :-

 

1. Collection Risk / Revenue Leakage

2. Differential Value Proposition Risk

3. Retention of Schools & Employees

4. Dependency on Outliers / One Customer / One Group of Customers

5. Legislative Changes Risk

6. Internal MQ Negligence

7. Intellectual Property Risk

8. Change in Decision Making Personnel

9. MQ Assets being retained directly by customers

10. Future Business Assumption Risk

Nitesh Mehta – Following are the risks Newreka has:

 

1. Raw Material Sourcing risk – dependency on 1 raw material supplier

2. Leak of information related to proprietary formulations/technology

3. Dependency on job workers for production

4. Dependency on one large customer

5. Collection/Recovery Risk

6. Dependency on Founders (on Bhadresh for R&D and on Nitesh for Business Dev.)

7. Uncertainty of market (at customer’s end) - sourcing from China, change in technology, product obsolete, management change, etc

8. Structured projection of future business/sales – based on R&D, many other external factors

9. Dependency on 2 platform technologies – limited portfolio of technologies in our basket

10. Business model of investing own resources on technology – customer no longer interest, moved on, dropped product, etc.

 

Harin Sheth - please note the 10 risks for seen by me in my daily operations at Sheth Publications:

1. Cash management 

2. Stock , syllabus changes, reprints, high cost of production 

3. Customers Mangement, high discounts, and long credits, require higher amounts of working capital 

4. Hr Mangement, labour cost 

5. Compliance , strictly planning and policies are not followed and things are taken granted for 

6. Senior staff , not adhering to rules and regulations

7. Fear of losing the Buisiness from the senior staff , if we get strict with them 

8. New disruptions, digital education challenges,and fast movement of the new technologies and demand from the customers, 

9. Very large.startup based companies competing for the same market , creating disturbances and maintaining the old clients becoming difficult 

10. Heavy loans, repayments pending and with assets market values looking bleak 

That’s all , hope I have understood risk management? I have a feeling ?i have only put out my challenges ?

 

Tushar Deshpande - Following are my risks.

1. Key persons leaving job, long absence due to illness

2. Customers are asking to supply to their main vendor

3. Dependencies on few suppliers,  for some of the products.

4. Labour unrest

5. On time recovery

6. Competition, who don't know the technical are spoiling market

7. Risks linked to handling of Customer information and requirements

8. Risks associated with delivery delays of the product, incoming as well as finished

9. Quality of incoming goods

10. Changes in Government policies particularly regarding plastic ban 

Meenal Sinha – Meetings & Offices:

KEY RISKS MnO
1	Stable & controllable solution for management, maintenance & development of the tech platform in the next 12 months
2	Online bookings not increasing / multiplying fast enough
3	Capability / Tech infrastructure to handle increased online bookings not being sufficient
4	Percentage contribution of short term revenue in the overall revenue of the company not increasing enough and fast enough
5	Not having a CTO onboard and not having enough money before the fund raise to hire one
6	Not able to fund raise
7	Not closing enough corporate / large relationships to demonstrate regular, predictable, repeat business volume
8	End users preferring to go direct to co-working giants for long term - maybe due to their huge online presence
9	Service Partners short circuiting the arrangements
10	Someone with much deeper pockets coming and doing exactly the same thing in a bigger manner or We Work offering their own meeting rooms to non members at throwaway prices
11	Not being able to keep pace with tech developments

 

Samir Dedhia - List of Risks- Basil Leaf - X&O Clothing Pvt Ltd

1. Dependency on design dept

2. Dependency of Key suppliers for sourcing

3. Dying MBO (multibrand outlets)

4. Finding innovative/mordern way for future business.

5. Since production is seasonal jobworker continuity & set up challenge

6. Systems & policies need to redefine & document

7. Family business constitution & management role clarity missing.

8. Burn out of all 3 founders.