Discover how a risk management framework helps companies identify, manage, and limit risks while balancing growth and protecting capital and earnings.
Negligence and litigation basics were introduced in Part I of this two-part series (see “Falling Hurts; So Does Litigation,” JofA, June 2024). In litigation, the plaintiff must prove everything.
Risk management should not just be a checklist to be compliant. Rather, it should be a source of value, inextricably tied to your business strategy. Purpose-driven and customer-centric risk management ...
The primary mission of the department of risk management and insurance is to minimize the adverse effects of losses due to accidents or other fortuitous events that may be inflicted upon the physical ...
IEC 60601 is no longer a standard of absolutes. The third edition allows, and in some instances requires, safety features and test requirements to be modified on the basis of risk management. By ...
Risk management, in the words of Sarah Ference, CPA, doesn’t have to be overly complicated or time consuming. “It’s really a mindset,” said Ference, an author of the JofA‘s Professional Liability ...
Instead of risk management, can we think of it as success management or effective management? Because that's what it is. “How did the world go so wrong interpreting what the term ‘risk management’ ...
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