Framework for Integrated Risk Management

The Framework for Integrated Risk Management (IRM) is a comprehensive approach that helps organizations identify, assess, and manage risks across all areas of their operations. It encourages collaboration among different departments to ensure that risks are addressed holistically, rather than in isolation. By integrating risk management into decision-making processes, organizations can better anticipate challenges, protect their assets, and seize opportunities, ultimately enhancing their resilience and effectiveness. This framework promotes a proactive culture where risks are recognized and managed strategically, contributing to long-term stability and success.