Basics of Risk Management​

Program Description:

One question that every organization has to answer is “What can go wrong”. Risks can come from employee errors, fraud, natural disasters, or other sources. How does an organization identify risk and determine their risk appetite? Not all risks can be eliminated so how do we mitigate the negative effects of those risks. How do we manage risks to reduce the consequences the company may face from those risks? How has the COVID-19 pandemic altered risk management. Have you considered labor risks, environmental risks, cash flow risks, regulatory risks, etc.

Learning Objectives:

Identify basic strategies for risk management