Businesses must navigate volatility to succeed

Anyone who invests money needs to always be mindful of risk.

At present, we live in an economy that is reasonably calm compared to the turmoil of the past five years. That could lull you in to a false sense of security because emerging economies have a big red light flashing over them.

A few weeks ago, a friend of mine who roves around the world examining airlines and car companies was in a glum mood.