Risk management

Risk fields of ILMs

• Organizatorial risk – compliance with national and local laws

• Financial risk – cash flow and overall sustainability for event

• Travel risk – for delegates to the conference and between venues

• Medical risk – in the country/territory of the ILM

• Organizational risk – for aiesec as a whole being effected by happenings of the ILM

What is done currently

• Bidding entities providing information

about environment and situation in the

entities country/territory

• AI consultancy and investigation on

potential/Obvious risks

• Investment into concrete risk mitigation in

IC Egypt

What the plenary would like to

see• Comprehensive risk assesment by time of

ILM allocation

• Possible back up plans from the beginning

to react on risks/crisis

• Constant support and advise on risk

situations

• Avoid all possible risk in general

What ressources do we have

• Providers to help understand the risk –

control risk

• Partners to help mitigate risk and support

in risk situation – International SOS or DP

DHL, etc.

What do we think is necessary?

Understanding of

• Political situation

• Health risk

• Transportation risk

• Legal risk for the entity and parties

involved

• Financial and cash handling risk (for

transfers cash payments etc