Risk management is an ongoing process to identify and then manage threats that could significantly impact on, or even bring down the enterprise.
This activity involves a regular review of all operations of the enterprise, identifying and quantifying potential business risks, assessing the likelihood of each of these occurring and to formulate appropriate steps / actions to address these risks.
We have assisted the boards and executive management of several clients to develop and implement a business risk review process as part of their corporate governance framework.
We can also do it for you.