Risk management is a two-step process - determining what risks exist in an operations and then handling those risks in a way best-suited to operations and organisation's objectives at large. Risks like infrastructure, labour related, physical security, information risk, risk from competition, regulatory risks and environmental risks have to be closely monitored and understood. Good risk management is about being alert, implementing the right controls and taking swift action to mitigate risk during a crisis. Identifying, managing, and exploiting risk across an organization has become increasingly important for the success and longevity of any business.
Across sectors, IRMA is presented to organisations that understand and take steps to ensure that the above mentioned risks are mitigated to the least possible denomination.