Like other companies, Strukton faces a range of commercial, operational and
financial risks that are inherent in its operations. The company mitigates these
risks through its focused market approach, flat organisational structure and strong emphasis on cooperation with clients and suppliers and among the Strukton companies.
Strategic Risk management
Risks within the company in relation to the strategy conducted are systematically identified and addressed. To identify and eliminate duplications, inconsistencies and gaps in existing risk management activities and internalcontrols, use is made of the COSO framework (Committee of Sponsoring Organizations of the Treadway Commission). Certain risks were again analysed during the past year and the main ones were evaluated. The main risks facing Strukton in relation to the agreed strategic objectives are:
- Safety
- Project management
- Labour market and staff competences
- Client wishes
- Capacity utilisation
- Risk profile
- Economic cycle
- Strategic planning process and references
- Internal control systems
- Risk management framework
- Code of conduct
- Regulations of the Group Management Board and power of representation
- Reporting structure