GE Aviation’s program director in the Czech Republic, Milan Šlapák, often feels like an electrician – he loves to connect people. He says: “I match contacts until the lights go up somewhere”. This way, Mr. Šlapák has managed to ignite a gigantic aviation industry project – development, testing, production, assembly, and service of the latest turboprop engine, the ATP.

Czech companies see the most significant risk for their operations in workforce shortage. It is followed by an increase in administrative burden and dishonest behaviour of employees such as crime, theft or fraud. These are the results of the qualitative Corporate Risk Management Survey for 2017 that Aon conducted in the Czech Republic for the first time. The comparison with its Global Risk Management Study that Aon has prepared on a worldwide level for many years shows that Czech organisations significantly differ from companies operating in other parts of the world both in the perception of the significance of individual risks and the approach to their management. Only 1 out of 10 Czech companies have their own risk management department.