Risky Business

Umbach, Judith M.
December 2007
Feliciter;2007, Vol. 53 Issue 6, p280
The article focuses on risk management in an organization. The author contends that risks management is an obligation for senior staff, and boards should ensure that risks management plan exist and are updated at least annually. He points out that managing risks means taking reasonable steps to plan contingencies that will mitigate the effect of real-life hazards.


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