NEOPOST - 2018 Registration document
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Risk factors and internal control
Risk factors
Main risks and risk management systems
Risks are classified by category: strategic, operational, legal, technological, financial and environmental. During the interviews, they are rated on a scale of 1 to 4 in terms of impact and likelihood, 4 being the highest level of risk. The risk map below represents the situation after the last risk assessment.
The horizontal axis represents the impact and the vertical axis the likelihood. The size of the circles represents the number of occurrences ( i.e. number of times the risk was mentionned during the interviews).
Data protection
3.3
Mail decline
Information systems
Forex, interest rates, liquidity and shares
3.1
Evolution of technology
Transformation
2.9
Dependence on suppliers
Acquisitions
2.7
Launch of new products
2.5
Tax
Fraud
New regulations
2.3
Competition
Attractivity, talent retention and succession plan
Average likelihood
Intellectual property
2.1
Environmental regulation
Bigger transactions
1.9
2.2
2.4
2.6
2.8
3.0
3.2
3.4
3.6
3.8
4.0
Main risks
Strategic risk
Legal risk
Operational risk
Environmental risk
Financial risk
Technologic risk
Summary of the six main risk categories
Strategic
Operational
Legal
Technological
Financial
Environmental
Highest risks
• • • • •
• •
•
Decline in mail volumes Launch of new
Transformation
Data protection
Attractivity, talent retention and succession plan
products Competition
Moderate risks
• •
• •
•
• • •
•
Evolution of technology Acquisitions
New regulations
Information
Forex, interest rates, liquidity and shares Tax
Bigger transactions
Environmental
systems
regulation
Dependence on
Intellectual
suppliers
property
Fraud
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REGISTRATION DOCUMENT 2018 / NEOPOST
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