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Introduction Every organization should have a risk management plan in place to mitigate any future threats. If your business or organization is doing well now, you should never think that you can win all the time. For any organization to be successful, it must face failure risks and be very resilient to every possible risk […]

Introduction Risk management plans are very important to every organization out there. Even if you do not realize it, you are probably practicing some risk management in your company or organization. Risk management involves coming up with procedures that can be very helpful in making sure that things do not go wrong in the future. […]

Introduction Risk management has become a very essential aspect of many organizations. With fast-paced globalization, many complex risks now await organizations. Risk management is the same as thinking about the uncertainties of the future. That is the reason why risk management has become a significant expense to many organizations. Any company that cares about the […]

Introduction Risk management is simply the process of identifying, making an assessment, and controlling any kind of threats to an organization or a company’s earnings and capital. Risks can emanate from different types of sources. They include technical issues, legal issues, financial uncertainties, natural disasters, and strategic management among other things. A risk management program […]

Successful entities keep a track of all the risks associated to the business, analyze these risks, create reports, discuss those in meetings, and stay prepared for the coming risks. Business risk management is one of the most important things which you should be doing if you want to ensure that proper operational activities of your […]

Before you start developing a business risk management strategy, you should know about the overall risk management theory and should be aware of all the types of risks that are usually faced by a business. In addition to this, you must also be aware of the main causes of these risks, as only then you […]

Risk identification is the first step which you are required to take in order to ensure that you will not face the huge impacts because of the risks which are faced by your business. This is a critical stage of risk management, and you are supposed to cover all the aspects in order to determine […]

There are many businesses that cannot stand alone, hence hiring third party entities are necessary. Regular employees, like Marika Tolz, are not part of the so called third party as they are part of the company itself. When dealing with third party entities, it is important that you know how to minimize risk working with […]

Marika Tolz has worked and been working in multiple departments in a company. As a contributor to the company she is working with, it is only but necessary that she is provided with everything she needs to be able to work well. Employees are the core of any business, without them, it would be very […]

It is not a secret that businesses, all businesses, may it be small, medium or large, face risks. With this, as a business owners, it is highly recommended that as early as possible, you are aware on how to properly handle these risks. For Marika Tolz, an experienced executive who worked in multiple reputable companies, […]