Risk Management Process: Identifying Risks - IRM India Affiliate

Introduction And Definition Risk Management is an inherent process within organizations operating across all industries and sectors for business sustainability. In today’s competitive and complex environment, it is now one of the most important decision-making functions in an organization compared to the times when Risk Management was considered a Support Function. Risk Management was seen as a Corporate Function related to Insurance & Finance with no relation to the other scope of business operations. Over time, the concept of “Risk” has gradually evolved and now plays a significant role in organizational effectiveness and is integrated into the organizational strategic objectives […]

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Risk management and the business model - IRM India Affiliate

For the majority of organisations, managing risks is not their