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BENEFITS OF DOCUMENT

  1. Provides insight and guidance for implementing an effective risk Management program
  2. Provide basis for better risk governance thus sustainability and resilience
  3. Helights key component of a risk management program

DOCUMENT DESCRIPTION

As part of governance, managing risk is iterative process that should assists organizations in setting strategy, achieving objectives and making informed decisions. Risk management is critical for effective value creation, asset protection and building credibility and status of the organisations.

Organizations of all types and sizes face external and internal factors and influences that make it uncertain whether they will achieve their objectives ( the risk). Managing risk is part of all activities associated with an organization and includes interaction with stakeholders. Managing risk considers the external and internal context of the organization, including human behaviour and cultural factors.

This document provides an overview of best practices steps you need to take in establishing an effective enterprise risk management program. Your ability to implement the Seven (7) steps for successful risk management can provide many benefits including: sustainability, better performance, more effective strategic planning, improved resilience, and more important, effectiveness through use of risk intelligent steering of the organisation.

Got a question about the product? Email us at [email protected] or ask the author directly by using the form to the right. If you cannot view the preview above this document description, go here to view the large preview instead.

Source: Steps in Developing Risk Management Framework PowerPoint document

 

Steps in Developing Risk Management Framework

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File Type: PowerPoint (pptx)

File Size: 264.4 KB

Number of Slides: 27 (includes cover, transition slides)

Related Topic(s): Risk Management

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Initial upload date (first version): Apr 22, 2022
Most recent version published: Apr 28, 2022

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