To ensure its long-term success, a company has to really know and understand its environment and be able to recognize risks and opportunities at an early stage.
At the Casinos Austria and Austrian Lotteries Group, we monitor and analyze global economic, environmental and social parameters and trends as a matter of course. We conduct periodic analyses of our environment and focus at length on our opportunities and risks.
Our updated ESTEMPLE analysis for 2018 reveals the following picture:
Risk and Opportunities Management System
Our risk and opportunities management system helps us to recognize and assess our key risks and opportunities and link them to effective control measures.
We carry out a quantitative risk and opportunities analysis and a qualitative assessment of long-term strategic influences twice a year. The results of these analyses and assessments are reported to the relevant audit committee and corresponding control measures are defined.