Tazamall Risk Matrix – Identifying Key Risks
The Risk Matrix evaluates risks based on likelihood and impact across operational, financial, regulatory, and technological dimensions.
1️⃣ Operational Risks ⚙️
- Examples: Delivery delays, supplier issues, inventory mismanagement.
- Likelihood: Medium 🔹
- Impact: High 🔴
- Mitigation: Partner with reliable logistics, implement inventory tracking, and have backup suppliers.
2️⃣ Financial Risks 💰
- Examples: Cash flow shortages, funding constraints, pricing miscalculations.
- Likelihood: Medium 🔹
- Impact: High 🔴
- Mitigation: Maintain financial reserves, diversify revenue streams, monitor expenses, and optimize commissions.
3️⃣ Regulatory Risks 📜
- Examples: E-commerce regulations, taxation changes, digital payment compliance.
- Likelihood: Medium 🔹
- Impact: Medium 🟠
- Mitigation: Stay updated with local laws, hire compliance experts, and maintain proper documentation.
4️⃣ Technological Risks 💻
- Examples: Platform downtime, cybersecurity breaches, data loss.
- Likelihood: Medium 🔹
- Impact: High 🔴
- Mitigation: Invest in secure cloud infrastructure, perform regular backups, implement cybersecurity protocols.
🔹 Risk Matrix Table
| Risk Type | Likelihood | Impact | Mitigation Strategy |
|---|---|---|---|
| Operational ⚙️ | Medium | High | Reliable logistics, inventory backup |
| Financial 💰 | Medium | High | Financial reserves, revenue diversification |
| Regulatory 📜 | Medium | Medium | Compliance team, legal monitoring |
| Technological 💻 | Medium | High | Cybersecurity, backups, cloud reliability |
✅ Key Insight:
Tazamall’s highest risks are Operational, Financial, and Technological. Proactive mitigation ensures resilience and protects growth potential.
