Friday, July 11, 2025

Basic of Risk Management

 The basics of risk management, first post


*  list all possible risks to your organization  (weather, accidents, regulatory, fire,  misconduct, etc.)


* assign probabilities to those risks, in other words, which are the most likely occur to your business, in your location, with your product, with your workforce


* take steps to prevent the risks, take steps to minimize the risks, take steps to         insure the risks

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