March 2021
Change, for an economic entity as for any human society, brings risks and uncertainties, but also opportunities. Risk management is therefore essential to help managers make the right decisions to achieve the company's objectives. Detecting new or emerging risks also means identifying success factors. Anticipating unpleasant surprises allows to optimize the governance, the organization, the functioning and the costs, the performance, the competitiveness and the durability of the company.
Therefore, it is essential for managers to take the necessary time to develop a good strategy - by detailing the steps to all employees - and to increase the culture of risk within the company, in order to prepare for the coming change and allow it to happen.