organization-wide risk management

Organization-wide risk management is a structured process that helps a company identify, assess, and address potential problems that could impact its goals and operations. It involves looking at all parts of the organization—from financial risks to operational issues—and planning ways to prevent or reduce their impact. By doing this proactively, the company can make informed decisions, protect its assets, and ensure long-term success. Essentially, it’s a comprehensive approach to understanding and managing uncertainties across the entire organization.