Risk management is the process of identifying, assessing and controlling financial, legal, strategic and security risks to an organization’s capital and earnings.
These threats, or risks, could stem from a wide variety of sources, including financial uncertainty, legal liabilities, strategic management errors, accidents and natural disasters.
In this video, Jeff Crume – IBM Distinguished Engineer – delivers an interesting analogy and questions what type of risk “person” you or your client is and helps you assess from there, the type of steps you may need to take to mitigate risk.
