The Why Every organization has objectives and works to achieve them. Risks are events that can prevent organizations from reaching these objectives, whilst opportunities are the opposite, they can help to surpass objectives. In this article we focus on the former. Risks are inherent to reality; no progress can be made without incurring risks. However, …
What is risk management? People and organizations typically act to achieve something. That something is either called an objective, a goal, a target or something else carrying a similar meaning. In order to achieve objectives, there are essentially two things that need to be done. First, we need to execute the set of activities (“do the work”) …
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