You’ve successfully identified the risks that are facing your organization. (If you’re just joining us, check out our blog post from last week!) But now what? Risk management isn’t just about figuring out what risks there are: you have to know what to do about them and create a thorough plan for staying on top.
Risk Management Blog - ClearRisk
Whether you realize it or not, you’re probably employing some kind of risk management in your organization already. As you conduct business, you develop procedures over time to make sure things don’t go wrong. Conducting a risk management plan is simply about formalizing that process and being able to devote your resources more effectively.