Managing risk within the business is a challenging and necessary activity. But when it’s conducted intelligently, it’s also a great way to add value to businesses, departments and projects. The first step is to recognise the need for better risk management and to get people across all departments to collaborate.
Businesses need to take an approach to risk that facilitates an internal discussion based on facts, making sure that decisions can be made on where to accept or reduce risk. A key to this is aggregating risk across the business. It’s…