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Risk management main focus draws upon .

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Question ajoutée par Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer
Date de publication: 2014/08/02
Tanzeel-ul-Rehman Sahito
par Tanzeel-ul-Rehman Sahito , Chief Operating Officer , JS GLOBAL CAPITAL LIMITED

Maximizing Company's value by addressing surprises and shocks

Tanveer Qureshi
par Tanveer Qureshi , Director , Qureshi Associates

Risk Management is main focus on the following areas:

 

1. Business Risk

2.  Opeational Risk

3. Market Risk

4. Credit Risk and

5. Legal Risk

KEITH JOHNSTON
par KEITH JOHNSTON , Various from Senior Internal Auditor to Internal Audit Manager to ERM/GRC Consultant , Both Public & Private Sector

The focus of Risk Management (RM) is to enable the allocation of available resources so as to maximise the chances of achieving corporate objectives. RM methodology seeks to identify all significant risks and ensure that these are maintained at an acceptable level, given the organisation's appetite for risk and any external regulatory requirements.

RM methodology is a systematic, holistic, continuous and proactive process rather than being one that is practised on an ad hoc, random and occasional basis.

RM supports both strategic and operational management in cost effectively meeting corporate objectives and goals of an organisation.

 

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