| Risk Avoidance |
| Risk Transfer |
| Risk Acceptance |
Risk Management is a decision to accept exposure or to reduce vulnerabilities
by either mitigating the risks or applying cost-effective controls.
Risk Management means different things to different people. CFOs view risk
management as the artful manipulation of risks through financial planning, risk
transfer and risk financing initiatives. CEOs see successful risk management as a
tool that results to reduce or eliminate litigation costs.
Successfully integrating an enterprise risk management philosophy requires the
successful implementation of a broad spectrum of information within an
organization, bring a value-added approach to management of risks.
by either mitigating the risks or applying cost-effective controls.
Risk Management means different things to different people. CFOs view risk
management as the artful manipulation of risks through financial planning, risk
transfer and risk financing initiatives. CEOs see successful risk management as a
tool that results to reduce or eliminate litigation costs.
Successfully integrating an enterprise risk management philosophy requires the
successful implementation of a broad spectrum of information within an
organization, bring a value-added approach to management of risks.
| INTEGRATED RISK MANAGEMENT |
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
-Aristotle
-Aristotle
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UNDERSTANDING RISK
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