How to kill your company by not managing your Risks
Understand your overall risk strategy and the key elements of risk to ensure you don’t kill your company!
- Develop a shared language and understanding of risk
- Incorporate and link risk to your organisations strategy
- Develop your Risk Appetite, balancing risk and return
- Identify and assess your Key Risks with an agreed framework of likelihood and consequence (impact) ratings
- Build your Risk Management framework
- Prioritise risk management in your business