An effective and systematic process helps you uncover the risk landscape you need to navigate. Based on this, you can establish an internal control framework that can avert or minimize risks. This allows you to respond competently and in a timely manner to the changing demands, threats and agendas you face as a business.
If you want to learn more about how your organization can take a practical approach to implementing risk management, check out 5 steps to effective risk management here.
> Intro: Strategic risk management and internal controls
> Why are internal controls part of risk management?
> How do you uncover business risks?
> What does it take to get started?
> What can inforevision help with?