Risk in inevitable – whether in business or otherwise. And subconsciously, we do have mitigation plans for various risks. Good old example is Insurance – life, property, health, loss of profit, keyman insurance etc. Risks should be identified at the strategy setting to ensure adequate and appropriate mitigation plans are operational. More importantly, the current pandemic has made the businesses realise that a wholistic view of their business risks is a requirement and not a luxury anymore. With the correct risk management strategies and practices in place, a business can smoothly sail any storm.
At numerous occasions, risks come knocking at our doors while we are unprepared. At the same time, it is not possible for any business to manage each and every risk they might encounter. Businesses may choose to live with certain risks that are insignificant compared to the level of their operations. Risks critical for the business must always be managed.
KPI’s risk advisory services include
- Enterprise Risk Management
- Internal Audit
- Standard Operating Procedure
- Regulatory and Compliance Risk
Have Specific Questions?
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