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ARTICLE · 28 FEBRUARY 2017

Personal risks for directors in modern times

The key to dealing with all of these risks is advance planning and preparation, to minimise the risks for directors.

AustraliaCorporate/Commercial Law

When I came back to the office after the holidays, I came across a couple of recent surveys of Australian directors which reveal some of the issues that most concern the people who run companies in this country in 2017. Regulatory and personal risks are always near the top of these lists, and the recurring themes include:

  • How do I make sure my business complies with all of the relevant regulations, especially OH&S
  • How can I protect my brand and the reputation of the business
  • How do I deal with digital disruption in my industry
  • How can I make sure my business is innovative and keeps up with the market
  • How can I better manage risks with IT systems, cyber security and data protection

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