Focus Vol 98

Earlier it had bigger timelines - one year and more. Risks were associated on strategic front than on running operations.

Risks and uncertainties were not determining the going concern of a business. The businesses were not evaluating risks for survival. Risks had to do with the medium to long term plans of the business, and the allied investments.

Today Risks differ with each business. You need to have different risk perception if you have diversified businesses to handle.

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