A risk management cycle is always the same. Whether you're a large corporate multinational or a small start- or scale-up. And it consists of four simple steps.
First identify your risks based on your company's goals, environment and the rules and regulation you have to comply to.
Learn MoreNext determine what measures you (need to) take in everyday business to mitigate those risks to an acceptable level.
Learn MoreThen regularly assess these measures to see if the function as intended and the associated risks are indeed mitigated as desired.
Learn MoreTake action on any deviations you found with the assessment to improve your risk posture and repeat the cycle from step one again.
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