Risk Decisions: Are decision-making groups operating according to defined roles and responsibilities?

Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities, the role of operations management is to create some kind of value-added in Read more…

Risk Management Solutions: Does your organization prepare risk assessments on material activities at least annually?

System of hazard identification and safety risk management is essential in controlling risk to acceptable levels, your decisions about addressing strategic challenges, changes in your regulatory and external business environment, blind spots in your strategic planning, and gaps in your ability to execute the strategic plan may give rise to Read more…