Remove Audit Remove Benchmark Remove Mitigation Remove Risk Management
article thumbnail

The Importance of Risk Analytics

LogisManager

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity.

article thumbnail

What Is Risk Management?

LogisManager

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Importance of Risk Analytics

LogisManager

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity.

article thumbnail

Risk-Based Approach

LogisManager

LOGICMANAGER’S Risk-Based Approach Taking a risk-based approach to running a business means preparing for tomorrow’s surprises today – within all areas of your organization. LogicManager is an enterprise risk management (ERM) platform, which means we help you do just that. LEARN MORE Mitigate.

Audit 52
article thumbnail

3 Steps to Prepare for 2024 and Beyond with the Risk Maturity Model

LogisManager

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

article thumbnail

3 Steps to Prepare for 2024 and Beyond with the Risk Maturity Model

LogisManager

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

article thumbnail

The Balancing Act of Efficiency and Resilience: How to Connect with Executives and Key Stakeholders

Castellan

Now is the time to make a formal shift away from looking at terms such as business continuity, risk management, and operational resilience as just catch-phrases shared once a year in board packets or when an audit comes around. Have you conducted a risk assessment? See How Boards are Prioritizing Resilience.