Risk management is the process of identifying, assessing and controlling threats to an organisation’s capital and earnings.
These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
What are the benchmarks of best practice business risk management?
We have a clearly documented risk management and disaster recovery plan in place which is reviewed on an annual basis as part of our business planning process. Review the checklist to see how your business stacks up
We have an appropriate insurance program in place which is reviewed annually and which we have complete confidence addresses the risks faced by our business not only today, but also with the future in mind. Review the checklist to see how your business stacks up
We have the right business, legal and financial structures in place to ensure that my business and family are protected and to achieve my business and personal goals. Review the checklist to see how your business stacks up
We are confident that the intellectual property in our business is adequately protected, particularly in relation to our brand and products. Review the checklist to see how your business stacks up
Next Steps
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