The client: A multinational automotives manufacturer
The issue: Our client was looking for support to develop a monitoring system to identify and assess emerging risks in the automotive sector, with a focus on the markets of the UK, Brazil, India and China. Our client was seeking to implement a framework that would integrate the assessment of risks related to consumer trends, macroeconomic shocks and political stability into their internal risk management processes.
Our solution: Control Risks worked together with two partners to develop a single solution for the client, leading on the political and geopolitical aspects of the requirement. Together we developed a framework based on risk signalling: threats are identified on a quarterly basis by our political risk analysts in our UK, US, Brazil and India offices, and assessed according to their velocity and potential impact on our client. Close co-operation with the client and our partners ensured the consistency and relevance of the methodology and resulting output.
The monitoring scope encompasses a broad range of risk topics, including country- and sector-specific regulation (for example, tax, data privacy and ESG issues); geopolitical trends impacting the sourcing of critical minerals; and operational developments threatening supply-chain stability. A data-led insight tracker helps the client understand and monitor the phenomena driving the risks. Finally, Control Risks conducts a quarterly workshop with the client team to discuss the findings.
The result: Our assessments are helping our client to navigate the implications of each risk signal and improve their resilience to potential shocks impacting their business activities.