Risk Management

Like governance, and compliance management, we believe that Risk Management is a special form of business intelligence and it's not easy to master. Here's how we define it:

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Enterprise risk management spans a set of structured practice disciplines 
that generate shareholder value by fostering and guiding the identification, 
assessment and prioritization of both business opportunities and business 
risks followed by coordinated and economical application of resources to 
minimize, monitor and control the probability and / or impact of unfortunate 
events.
Good risk management enables an organization to promote a culture which
leads to better performance in three mission-critical areas;
Measuring and addressing uncertainty
Closed-loop business planning skills
Optimal, educated risk-taking
Category: Risk Management

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