Future Proof Your Business With a Risk Management Plan
Never has it been more apparent why having a risk management plan is important for small businesses. While a global pandemic is not something many of us would have included in our risk management plan, if we had one, planning an effective response to internal and external business threats is vital if you want to build a resilient and sustainable business.
This Virtual BiZHUB session will be hosted by Peter Messervy, Business Leadership Coach and Business Architect. He will help attendees create a powerful risk management plan to provide an early warning system to protect your business.
The goal of this session is to anticipate current and future risks and to decrease or eliminate the impact by having a plan of action to mitigate them.
You will identify your strategic risks, learn how to assess the likelihood and impact and plan an effective response.
As we are all too aware, a Business Risk is an adverse event or situation which can endanger part or all of the business operation.
- It can be internal or external
- It can affect business goals, quality, schedule, costs, or people
- It Involves managing uncertainty to achieve the goals
Risk Management is the art and science of identifying, assessing and responding to risks that will have an impact on the business. It provides an early warning system and a coping mechanism in dealing with uncertainty.
"The notion of bringing risk under control is one of the central ideas that distinguishes modern times from the more distant past" Peter Bernstein, 1996, Wall Street economist
Get started with your Risk Management Plan.
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