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Identifying, assessing and managing risk are the responsibility of the board and the senior leaders of the organization. Risk management isn’t just a nice-to-have. It’s invaluable for protecting your business.
However, many ignore this important duty. Why?
Sometimes they don’t think risk will impact them enough to do the work for managing risk. Others don’t know what steps to take to reduce risk - they don’t have a clear structure and process to follow. Others don’t see risks in the daily tasks.
Whatever their reasons for ignoring risk, it’s time to start managing it.
What are the potential consequences of ignoring risk management?
What can you do?
Contact me at Valerie.MacLeod@HainesCentre.com if you’d like to include risk management in your strategic planning & implementation process.
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