Nour Madaras

No matter what your business goals are, enterprise risk management can help you achieve them. Although every company practices risk management in some way, a formal ERM process puts methodologies and practices in place so you can systematically increase your chances of success. In the absence of risk management, a company is more likely to make poor decisions, be less prepared, and struggle to consistently meet their business goals.

If one thing has become abundantly clear over the past two years, it’s that companies have no choice but to plan for the unexpected. Companies have been severely tested by a range of issues, including insufficient employee protections, supply chain deficiencies, and financial unpredictability, underscoring the need for agile, flexible, data-driven ERM.

For example, security is always a concern, but it took on a new and refocused urgency as businesses enforced work-from-home mandates. The sudden move left many companies scrambling to adapt their onsite protocols to offsite equivalents that would continue to protect the business and its employees from a wide range of concerns including insider threats and financial fraud, while addressing data privacy, IP protection, cash preservation, and statutory compliance.

While most companies focus on innovation and growth, only resilient companies are successful over time because their business strategies also address risk and preparedness. The best business plans are those that can quickly pivot in response to evolving markets, business models, and regulations. For example, companies with modern risk management systems that include automated audits and security monitoring can continue to perform those tasks remotely—even across international borders. This enable them to operate smoothly despite travel restrictions, and it drives a level of efficiency and cost savings that they will benefit from long after the crisis is resolved.

Pruning a hydrangea is an easy task Hydrangeas are beautiful shrubs, and pruning helps boost blooming Here are our tips on when and how to prune

Major free ad posting classifieds sites Offers permanent do -follow links with target local and international Some Ads submission sites allow post for some