DHL 2008 Annual Report Download - page 89

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Deutsche Post World Net Annual Report 2008
Risks
Opportunity and risk management
Group-wide opportunity and risk management
All business involves opportunities and risks. Our Group-wide opportunity and risk
management system gives us a head start in dealing with potential changes and events.
e process developed to serve this system is built around uniform methods to iden-
tify and analyse key trends and to communicate them to management. Clear presenta-
tion of opportunities, risks and possible countermeasures helps sustain the com pany’s
ongoing success.
Opportunities and risks are identi ed and reviewed across the Group every
quarter as part of controlling processes. Internal or external factors can cause positive
or negative deviations from target. Major impacts of unforeseen events may trigger an
ad hoc announcement.
Opportunity and risk analysis involves investigating major in uencing factors
as well as compiling action plans to avoid risks and make use of opportunities. Early
warning indicators are determined to ensure timely detection of critical situations.
e potential impact of a range of factors on Group earnings is evaluated using scena-
rios and each potential risk is assigned to one or more managers who take appropriate
action as necessary.
Group Management Report
Risks
Budget date
Risk review date Future
Scenario analysis
Goal: Early detection of deviations from target
Group earnings
Budgeted earnings
Expected scenario
(opportunity)
Best-case scenario
(positive extreme)
Expected scenario
(risk)
Worst-case scenario
(negative extreme)
85