Everything we do has a certain level of risk. It’s the way you manage those risks that could spell the difference between success and failure. This week’s articles can help identify the potential risks you face and how to accept them, mitigate them or avoid them.
One of the most important tests of true risk management effectiveness is the level of risk management integration into decision making. (Item #1) This guide will help you to identify potential risks, make preparations for emergencies and test how your business is likely to cope in a disaster. (Item #2) Proper risk management implies control of possible future events and is proactive rather than reactive. (Item #3)
Risk is all about uncertainty. (Item #4) Your risk management plan should detail your strategy for dealing with risks specific to your business. (Item #5) Here’s an explanation of risk, uncertainty and business strategy. (Item #6)
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