Risk Management Strategies and Processes

Strategic risk management in enterprise risk management (ERM) is a crucial but often overlooked aspect. Although ERM has traditionally focused on financial and, more recently, operational risk, strategic risk is significantly more considerable. Studies by major public companies show that strategic risks represent approximately 60% of major market capitalisation declines. Only half (approximately 30 percent) …

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Quality Management

What is Quality Management? Quality management is the act of overseeing various activities and tasks within the organization to ensure consistent delivery of the products and services, as well as the means to achieve them. It helps the organization to achieve and maintain the desired quality level. There are four key components included in quality …

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