Risk Governance – Prevention as a Driver of Growth
In a market filled with uncertainty, risk governance is an essential practice. It’s not just about reacting when a crisis occurs, but also about being able to anticipate events that could affect a company’s operations, reputation, or stability.
What does good risk governance entail?
- Identification and analysis of strategic, operational, legal, financial, technological, and reputational risks.
- Design of policies, controls, and risk committees that meet regularly.
- Contingency, crisis response, and business continuity plans.
- Active participation of the Board of Directors and senior management.
Having a governance structure that monitors risks and transforms them into effective risk management.