Start-up ventures face unique business challenges. Most start-up ventures today are almost 100% technology firms, with business models built around software and technology-driven operational processes. For start-ups and tech firms, 52 Risks® provides a starting list of high-level risk categories to consider.
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There is little doubt that challenges will face all businesses in 2022.
The 52 Risks® framework can be used to assist business owners, executives and risk managers gain a deeper understanding of the risks that any business may face. This will enable growth and stronger, more reliant businesses.
Below are 22 ways in which the 52 Risks® framework can facilitate the discussion and oversight of risk in any business.
The 52 Risks® framework has a multitude of uses. It can be used to assist business owners, executives and risk managers gain a deeper understanding of the risks that any business may face. Here are 21 ideas than can re-energise the discussion and oversight of risk in any business:
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In both normal times and uncertain times, policies and procedures seek to give all employees support in the carriage of business activities. The current COVID-19/coronavirus social and economic crisis is, however, putting to the test existing, proven and robust policies and procures in all organisations
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Enterprise Risk Management (ERM) within organizations continues to be work in progress. More and more organizations are embedding tools and risk management techniques each year.
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