Risk Management though not a new jargon, is rapidly gaining immense importance and is certainly not an “over beer” management discussion anymore. Companies are dawning to realise the importance of risk management. Especially since regulators, investors and debt rating agencies are increasing their scrutiny on the risk management processes of companies.
No longer can an entrepreneur wait till disaster strikes, and in today’s agile business scenario, one never knows when it may. Businesses are risk averse for their vulnerability to disruptions and disruptions too have become a requirement – for new businesses to succeed and old ones to reinvent, sustain and scale up.
What Is Risk Management? Does Your Business Need It?
Simply defined, it is the identification and evaluation…
