In ancient times, Kautilya introduced the concept of risk management in “Arthashastra” wherein the King is responsible for protecting his people from the risks originating from “Acts of God” and “Acts of Man”. The concept kept evolving over the years Read More …
Tag: Enterprise Risk Analysis
Can effective risk management by corporates prevent litigation?
Enterprises report rise in risk events, yet risk management lags
Enterprises around the world are being barraged by risk events, according to a report released Wednesday by Forrester. The State of Risk Management 2022 report, which is based on a survey of 360 enterprise risk management decision makers in North America and Read More …
How Indian Businesses Can Grow Sustainably With ESG Approach
With spotlight on measures taken by businesses to safeguard the environment, the implications of covering the environmental, social and governance (ESG) criteria are being acknowledged by them, their investors and even regulators. ESG, used interchangeably with sustainability, is about pursuing Read More …
How MSMEs can set up Enterprise Risk Management framework to identify, assess, manage business uncertainties
Ease of Doing Business for MSMEs: The MSME (Micro, Small, and Medium Enterprise) sector forms the backbone of the Indian economy, providing employment to approximately 120 million people and accounting for 45 per cent of overall exports. With 20 per cent Read More …