The Institute of Singapore Chartered Accountants (ISCA) launched its publication titled “Journey to Success” on 27 October 2017. The publication, comprising specially-curated case studies of four Singapore companies and their internationalisation success stories, was supported by IE Singapore and ISCA’s Corporate Governance and Risk Management Committee.
Internationalisation not only presents new opportunities for survival, growth and learning, it also injects diversity of culture, thought and talent into a company. Venturing overseas requires the ability to dream big, the will to overcome adversity and the discipline to take necessary measures to manage risks. Accurate identification of risks and a robust risk management strategy will help a company effectively manage the risks associated with internationalisation and position it for success.
Partner Tay Woon Teck shares his thoughts on the essential role that effective risk management plays for successful internationalisation
Please click here to read the full publication.