Learn strategies to identify and manage business risks, from financial to personnel, with expert insights for minimizing damage and ensuring operational continuity.

An idea to help drive effective risk management that involves improving the decision-making process. How can an organization ensure risk is appropriately considered in decision-making? As I have been ...

Risk management lies at the core of both sets of governance arrangements. If a risk is to be managed, then it first must be defined. Mathematically (in the Knightian sense), this is the product of an ...

Perhaps the most important feature of the risk management context that will determine the success of the enterprise risk management initiative relates to how the initiative is implemented. There are ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

Once the risk team has been assembled, the crucial process of identifying risks must commence. The output of the risk ...

As a leader, your top priority is to drive growth and achieve your organization's goals. However, pursuing growth opportunities also entails taking risks, which can lead to potential challenges and ...

Few organizations are seen as having effective risk management, so there is no exemplar against which to measure success. Internal auditors are expected, according to the IIA Standards and some ...

High-profile nonprofit failures and scandals have increased scrutiny of the nonprofit sector in recent years. In late 2014, the largest social services agency in New York, the Federation Employment ...

Risk Management is the process of identifying, assessing, and prioritizing risks followed by the application of resources to minimize, monitor, and control the probability and/or impact of adverse ...

This commentary is authored by Kshemendra Paul in his personal capacity. The views and opinions expressed are his and not those of the U.S. Government or any of its agencies Most agencies don’t use ...

When you’re just getting started and attempting to evaluate the risks involved with the particular business you want to launch, it’s important to understand that every business venture–regardless of ...