35 years: Strategic risk management and governance
In the first video of his series on risk management, Hans addresses a range of related topics that address different types of risks and why risk management is not a 'nice to have' but a 'need to have' for businesses. He also introduces how to categorise risks impacting businesses, from external risks to strategic and operational risks.
In the first video of his series on risk management, Hans addresses a range of related topics that address different types of risks and why risk management is not a 'nice to have' but a 'need to have' for businesses. He also introduces how to categorise risks impacting businesses, from external risks to strategic and operational risks.
12 mins 55 secs
Enhanced risk management is a need not a nice to have. Done correctly, the benefit to the organisation far outweighs the cost and process involved, provided that the organisation focuses on value protection and value enhancement rather than compliance only.
Key learning objectives:
Define risk management
Identify the key risk management activities
Understand why there is an increased focus on risk management