Few Months ago, I have posted an article which was contributed by Sophia Wright on 5 Dysfunctions of a Team that may Cripple your Risk Management Culture and White Paper: Techniques to get the Best out of your Risk Based Internal Audit. In which several reasons that are responsible for a Business Organisation’s lack of Risk Management Technique and Why Risk Management are Important are Explained in a clarity.
After reading that article you must have known that why Risk Management is important in every Business Organisation. Enterprise Risk Management is the most important part of Business organisation and When asked to the forecast priorities, 33% of the respondents state that the Enterprise Risk Management is the most important, 27% of them say ERM should continue to be important. See What the others have to say about it.