Risks of virtually all types have exploded in 2020, courtesy of the COVID-19 pandemic and the brutal recession accompanying it, and yes-the list absolutely includes substantially heightened uncertainty in the corporate world too.
Risk management is at the core of financial planning for almost all businesses. Today, risk management gives way to uncertainty management. In order to get a better grasp of risk management, one must learn to navigate current market uncertainty and prepare for the future.
Traditional risk management frameworks do not enable the business to innovate and pursue opportunities at the pace of the nimblest competitors. An adaptive approach builds risk intelligence into key processes and the supporting technologies so that the business can move quickly and safely, at every touch point and across every phase of the customer journey. Risk management strategies must also be established for all emerging technologies & answer the following questions:
This session will highlight 5 key objectives that will address the future of Risk Management & how one can transcend traditional ways to adopt new methods to minimize the potential risks.