Risk Management
Risk Management We're going to cover all aspects of Risk management in this blog. So Try to read this article without any distractions as this blog post is going to help you in real life . Risk management -: Risk management is the process of identifying, assessing and controlling threats to an organization'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. Now, take a look at how to professionally Start managing Risk ? Five Steps of the Risk Management Process Risk Management Process. Step 1: Identify the Risk. Step 2: Analyze the Risk. Step 3: Evaluate or Rank the Risk. Step 4: Treat the Risk. Step 5: Monitor and Review the Risk By Following the steps given above . You get an analysis about the risk and its key factors to avoid it and how to get out of it ? Or how to square off it ? Now, Look at how to develop risk mana