7Management Strategies
7.1 Strategies for Managing the Risks
A comprehensive analysis of risks to the business is a vital step in confirming your assumptions and gaining a full picture of the potential extent of harm if action is not taken. However, this has only been an auditing exercise up to this point and so does not demonstrate that risks are being managed effectively or otherwise.
In Chapter 1, it was noted that the 10 Principles are intended to provide a range of prompts to ensure overall coverage of business activities without stressing the importance of one area over another. Clearly a useful model or tool to work with, but in practice these boundaries are not so easily separated out from each other. ...
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