Discover 5 steps to carry out good risk management

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Every entrepreneur needs to know what the possible financial risks are in order to plan well.

An important point is that creating a risk manag Chinese Overseas Asia Number Data ement culture in any enterprise involves everything from the president to the worker. Everyone must be connected with solid communication.

But after all, do you really know what risk management is?

Meaning of risk: “probability of failure of a given project, due to a possible, uncertain event, the occurrence of which does not depend exclusively on the will of those interested.”

Managing risks means analyzing and knowing how to adopt measures that prevent or eliminate such risks. Therefore, your company must also identify opportunities that can generate value.

To help you understand, Risk Management is a process that aims to:

Brazil still needs to advance a lot in the culture of Risk Management
How to make?
Step 1 – Identification of risks
Constantly monitor your finances
See other benefits of good risk management
The profile and role of the Risk Manager
identify;
to analyze;
responder;
and control risks.
Brazil still needs to advance a lot in the culture of Risk Management
KPMG, one of the largest companies providing professional services, consulted 204 respondents from different segments in Brazil to assess the degree of maturity of the Risk Management process.

Among them, financial services, health, agribusiness, retail, energy, sanitation, civil construction and several others.



The study was carried out between November and December 2017 and gave rise to the first edition of the Risk Management Process Maturity Survey in Brazil.

The result of the survey:

on the one hand, companies' awareness has increased about the importance of working on this aspect of management (44% of respondents said that their process was established in the last three years);
but the processes themselves are still below the intermediate level: 56% of companies have a level of maturity in Risk Management below the classification considered mature (with 29% at the weak level and 27% at the sustainable level), 40% are at the level mature, 2% in integrated and just 2% in advanced.