written by George Smith, On April 22, 2024
Managing risk is more critical than ever in today’s rapidly evolving business landscape. The ISO 31000 standard is a beacon for organizations worldwide, offering a robust framework for effective risk management. This international standard provides guidelines on risk management principles, …
Read morewritten by Cristhian Romero, On March 16, 2023
The recent collapse of Silicon Valley Bank, SVB, was mainly due to its lack of liquidity, meaning it ran out of available funds. But behind this, there were other actions and decisions that the bank took at the time that …
Read morewritten by Maria Camila Arévalo, On November 23, 2022
ISO 19011 is focused on the audit management that must be carried out in the risk management system, although it is not a certifiable standard, it provides a series of recommendations that help companies to have an adequate management and …
Read morewritten by Juan Pablo Calle, On November 23, 2022
In this article we tell you what the main operational risk factors are so that you can take them into account and avoid them in your organization. Operational risk is the possibility of losses occurring as a result of a …
Read morewritten by Juan Pablo Calle, On November 23, 2022
Classifying risks according to the category to which they belong makes it easier to identify them. Here are the 7 types of operational risk that exist so that you can recognize them within your company. 1. Internal fraud Theft, bribery …
Read morewritten by Deicy Pareja, On November 22, 2022
When we want to achieve an objective, our main lever to achieve it will be to have an action plan, where we set out everything we need to do to achieve it, such as activities, tools, resources, etc. The same …
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