Risk Management | 永思管理

People often say that the awareness of prevention actually refers to risk management. Today’s complex economy, risk management becomes a required course for business management. “Risk management” once in the 1990 Western businesses to invest in China’s administrative staff and compulsory subject. When some MBA courses are included in the “risk management” link.

Risk management is a social organization or individual decision-making process used to reduce the risk of negative consequences, risk identification, risk assessment, risk assessment, and based on this selection and combination of various risk-management techniques, to implementing effective risk control and properly handle the risk of losses caused by consequence, safety and security so as to reap the greatest at the smallest cost.

Issues addressed:

• Lack of clear risk management ideas;
• Predisposing factors for risk lack effective control measures;
• No process has been established by effective management systems and visualization systems;
• There may be a risk factor for the process without a clear responsibilities and rights.

Main duties include:

• Risk management the initial information is collected
• Conduct a risk assessment
• Development of a risk management strategy
• To propose and implement risk management solutions
• Establishment of internal control system
• Establishing a risk management information system
• Monitoring and improvement of risk management

Expected return:

• Establishing a comprehensive risk management system, as well as the corresponding system and standard;
• Achieving full standardization of the management and business process risk control and internal control and risk management of information technology;
• Strict, standardized supervision and evaluation mechanism, the Executive Force have greater protection;
• Internal control and risk management into corporate culture.

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