Global Macroeconomic Risks & Challenges


Course Info

Code PF1-124

Duration 5 Days

Format In-House On-Demand Online

Summary

The Covid-19 pandemic has created a whole new world in regard to finance, especially when dealing with the global or overseas economy. The impact of the changes in monetary value and fiscal policies has opened up companies to risks that they had never considered before.

It’s essential to understand what the changes in the macroeconomy mean for your business and deal with theories and developments for the future of your industry. You will need to distinguish the risk areas and challenges that the economic change has created for your business and work to create contingency plans and mitigation tactics to avoid monetary loss.

As a global player, it’s a good idea to utilise this experience to shape the future of your business procedures and policies. Reforming your normal predictions and forecasting models based on recent years will prepare you for development into the wider market, ensuring you stay ahead of the competition and don’t fall foul of previous mistakes or circumstances beyond your control.


  • To interpret current economic trends based on in-depth analysis. 
  • To understand the effects that Covid-19 has had on the global economy.
  • To discover the future implications of the pandemic. 
  • To recover from debt and secure lower interest rates. 
  • To create policies and procedures in line with economic change.
  • To protect your organisation from cyber risks and create a new cyber vigilant working methodology. 
  • To understand the new banking landscape.
  • To accelerate your organisation’s global economic standing. 
  • To liaise with clients, partners, and stakeholders and discuss future risks and mitigation measures. 
  • To review competitors in the field and make decisions to stay ahead. 
  • To leverage the diverse working environment and utilise expert knowledge and advice when making company decisions. 
  • To delegate decisions and framework developments in the right direction for positive change. 
  • To understand the key players in reshaping your company environment and work within their remit. 
  • To develop your business to work within the current economic climate to ensure continuous improvement and global success.

This course is designed for company leaders responsible for making large financial decisions that consider the whole of the global economic market in regard to risks and challenges. It would be most beneficial for:

  • Chief Financial Officers
  • Business Owners
  • Data Analysts
  • Account Managers
  • Policy Writers
  • Financial Strategists
  • Supply Chain Managers
  • Strategic Project Planners

This course uses a variety of adult learning methods to aid full understanding and comprehension. Participants will review videos and real-life case studies to understand the impacts of economic crises across the globe and discuss recovery methods.

They will be presented with the most up-to-date analytical tools to help them discover the most effective strategic recovery plans, assist them in uncovering the most financially valuable plans for future development and conduct a risk assessment to avoid monetary loss.


Course Content & Outline

Section 1: Your Business in the Face of Global Crisis
  • A look back at financial issues through history. 
  • How your business handled Covid-19.
  • The effects of Covid on the global economy.
  • Economic changes through various industries. 
  • A review of the crisis and what the major events were for your business. 
  • Business loss and how a company can recover. 

 

Section 2: Post-Economic Crisis Effects & Decision-Making
  • The after-effects of Covid-19. 
  • Changes to international relations.
  • Learning from mistakes. 
  • Identifying and accepting risks. 
  • Conducting an effective cost-benefit analysis on changes.

 

Section 3: Making Predictions Based on Historic Data
  • The European Monetary Union.
  • The fragility of the economic market. 
  • The European fiscal framework. 
  • What’s left after the Covid-9 crisis?
  • How to handle debt and secure lower interest rates. 
  • Working with stakeholders to set expectations. 

 

Section 4: Your Policies & Procedures
  • The Sovereign debt crisis.
  • Covid-19 vs. other economic crises.
  • Policy responses and amendments. 
  • The fiscal authorities in discussion.
  • Modern Monetary Theory (MMT).
  • Macroeconomic and geopolitical implications after a global crisis.

 

Section 5: Management in Recession
  • Looming recession and how to prepare. 
  • Recession risks and mitigation procedures. 
  • Risk deflation and stagflation.
  • Risk assessments of macro change.

 

Section 6: Supply Chain Disruption
  • The balkanisation of global supply chains. 
  • Technological disputes.
  • Assessing potential repercussions of reputational damage. 
  • Relationship breakdown and the effects on your supply chain.
  • Your cyber strategy.
  • Protecting your business using technology.

 

Section 7: Risks to Emerging Economies 
  • Advanced risk management capabilities. 
  • Assessing vulnerabilities. 
  • The global role of Fed. 
  • World economic growth. 
  • Low-interest rates and the implications for the future.
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