Risk Management
What is Risk
AUTHOR
What is Risk?
According to ISO 31000, risk is the “effect of uncertainty on objectives” and the effect could be positive or negative deviation from what is expected.
How Does Risk Management Add Value to Your Business?
Every organization regardless of size, type and location faces uncertainties that may impact its ability to achieve its objectives.
Risk Management aims to proactively identify the risks, take actions to minimize the impact of downsides risks or capitalize on the upside risks
In many jurisdictions, Risk Management is mandatory for the companies list one stock exchange.