Risk Management & Risk Assessments
Risk Management is about understanding and managing the acceptable level of risk to and from a given activity. It is a proactive systematic and structured process that uses risk assessment tools and techniques to identify analyze and evaluate potential risks, so to control (=reduce and accept) them.
It’s about being proactive, creating value, saving money and protecting an organization’s future. It’s about communication and enhancement.
For which industries can it be useful?
Risk management principles tools and overall philosophy are effectively utilized in many areas of business and government, from aerospace to energy, from finance, insurance to occupational safety, from pharma to the agencies regulating these industries. The methodology is transferrable to a broad array of products and services.