UNIDO United Nations Industrial Development Organization [to 23 January 2016]
http://www.unido.org/news-centre/news.html

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22 January 2016
Risk management guide for small and medium enterprises launched
VIENNA, 22 January 2016 – The United Nations Industrial Development Organization (UNIDO), the International Trade Centre (ITC) and the International Organization for Standardization (ISO) launched a handbook to help small and medium-sized enterprises (SMEs) better manage potential risks.

SMEs are considered a fundamental part of the global economy, however, setting them up and keeping them afloat is no easy task as usually only half of them remain in successful operation after five years.

Finding customers, having access to finance and getting adequate employees for the job are all challenges facing most entrepreneurs. Therefore, the early identification and the effective management of such risks could help improve the performance of SMEs and assure their sustainability.

The new publication, titled “ISO 31000 – Risk management” aims at helping SMEs improve the identification of opportunities and threats, and effectively allocate resources for risk treatment…