Gourt > Reference > Dictionaries > By Subject > Business > Risk Management
- For non-business risks, see Risk or the disambiguation page risk analysis.
Generally, Risk Management is the process of measuring, or assessing risk and then developing strategies to manage the risk. In general, the strategies employed include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk. Traditional risk management focuses on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death, and lawsuits). Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. Regardless of the type of risk management, all large corporations have risk management teams and small groups and corporations practice informal, if not formal, risk management.
In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled later. In practice the process can be very difficult, and balancing between risks with a high probability of occurrence but lower loss vs. a risk with high loss but lower probability of occurrence can often be mishandled.
More on [ Risk management ]
Some risks SHOULD be ignored. http://bit.ly/b2pJW #investing risk management
TheAntiGuru (The Anti-Guru) Wed, 06 Jan 2010 10:07:03 -0000
Some risks SHOULD be ignored. http://bit.ly/b2pJW #investing risk management
http://www.ssrecruitment.com/senior-consultant-risk-management Risk Consultant Position (Up to 100K/Monthly)
JobsThailand (Bangkok Recruitment) Wed, 06 Jan 2010 09:54:55 -0000
http://www.ssrecruitment.com/senior-consultant-risk-management Risk Consultant Position (Up to 100K/Monthly)
#Jobs Management perspectief voor Credit Risk Manager, Adam, Nederlandstalig: Orgtel Netherlands - Noord-H.. http://bit.ly/4OUKeH
DutchJobs (Dutch Jobs) Wed, 06 Jan 2010 09:16:20 -0000
#Jobs Management perspectief voor Credit Risk Manager, Adam, Nederlandstalig: Orgtel Netherlands - Noord-H.. http://bit.ly/4OUKeH
Guidance on risk management for charities published: http://www.continuitycentral.com/news04941.html
continuitycent (Continuity Central) Wed, 06 Jan 2010 09:16:12 -0000
Guidance on risk management for charities published: http://www.continuitycentral.com/news04941.html
#GoogleWave #Wave Medewerker Internal Control & Risk Management: Badenoch & Clark Nederlan.. http://bit.ly/67dHqJ
Google__Wave (Google Wave Fans) Wed, 06 Jan 2010 09:10:20 -0000
#GoogleWave #Wave Medewerker Internal Control & Risk Management: Badenoch & Clark Nederlan.. http://bit.ly/67dHqJ
#GoogleWave #Wave Management perspectief voor Credit Risk Manager, Adam, Nederlandstalig: Orgt.. http://bit.ly/4OUKeH
Google__Wave (Google Wave Fans) Wed, 06 Jan 2010 09:10:17 -0000
#GoogleWave #Wave Management perspectief voor Credit Risk Manager, Adam, Nederlandstalig: Orgt.. http://bit.ly/4OUKeH
Dictionary of Financial Risk management - Searchable online glossary of financial risk management terms.
Risk Glossary - Dictionary of risk management terminology and concepts.
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