Why Risk Management?
Why Risk ManagementEvery activity has inherent risks, potential liability and opportunities. Our laws make every person/organization liable for acts or omissions that cause damage to other’s property or injury to persons. Those who undertake an enterprise are required to take all reasonable means to reduce the risk of loss by others, demonstrate an ability and attempt to manage risks (due diligence).
The Greatest Risk of All: DO NOTHING
“To ensure ongoing, unimpeded capacity of _______ to fulfill its mission, perform its key functions and meet its objectives by:
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