Where does our business risk really lie?
What is risk management in today’s corporation?
Most enterprises say they manage risk. Many have risk management functions or processes to prove it. We all face the risk that things we want to be done or have happen won’t be done or happen the way we want them to. What is risk in the enterprise? Is there a risk in poor performance? We should manage risk, but how should we manage risk? What do we have to manage if we want to manage risk?
Risk is prevalent in everything we do
There are specialists and companies devoted to risk management. Many books have been written. But do they point us in the right direction or tell us what we really should be doing to manage day-to-day risks we face in our businesses? Conventional risk management concentrates on areas of proven risk. But, what about the normal risk that is present and should be managed in everything we do?
Result-performance Management (R-pM) shows how to manage corporate risk
Now there is Result-performance Management (R-pM). R-pm manages risk as an attribute of the result with uncertainty the attribute of performance that produces result risk. Learn the Basics of R-pM from articles under that category, or join the R-pM community to download information on R-pM and risk management.
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