Risk Management overview image

Risk Management

8 Pathways • 29 Skills

Risk Management is like your professional safety net, designed to catch potential snags before they become full-blown circus acts. It's all about identifying, assessing, and controlling threats to your organization's capital and earnings. These skills are crucial because they help you dodge financial pitfalls and steer clear of trouble, ensuring your business doesn't accidentally become a high-stakes gambler without a lucky streak.

Risk avoidance

"Dodge Troubles, Not Responsibilities"

Risk reduction

"Dodge Disasters, Plan Peacefully."

Risk sharing

"Spreading Risk, Sharing Rewards"

Risk retention

"Embrace Risk, Wisely."

Development of risk mitigation plans

"Dodge the Danger, Deliberately."