risk management strategy


Also found in: Acronyms.

risk management strategy

The regular, systematic audit of an organisation’s services and generation of performance indicators for comparison, where appropriate, with national standards.
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An increasingly important aspect of agricultural production and marketing that can serve as a risk management strategy is the use of contracts.
Constantly changing market conditions--new wells, a volatile commodity price environment, the frequent sale and purchase of properties and operations, global scale--means that every company's risk management strategy needs to be flexible.
Business continuity strategies and plans differ from business to business to suit the needs of the individual organisation, however, as a starting point there are a few key elements that should be central to any risk management strategy.
In his new post, Mr Al Bastaki is responsible for ensuring the bank maintains adequate risk management systems, developing and implementing the bank's risk management strategy and advising the management on risk and compliance related issues.
Paiano's duties in his new post with the Hartford, Conn.-based insurer include overseeing risk management strategy for Hartford Financial's life and property/casualty insurance and investment operations.
"Although the e-survey shows that many organizations do not have a formal tax risk management strategy in place, many of them likely will take steps to establish such a strategy, given the enhanced regulatory pressures for greater transparency."
In addition to the blue card, the Act requires that practitioners have a written risk management strategy complying with the minimum requirements of the Commission for Children and Young People Amendment Regulation (No.
SAVVIS Inc (NASDAQ:SVVS), a provider of IT infrastructure services for business applications, has said that easyJet has outsourced its IT infrastructure to underpin its risk management strategy and provide an enhanced customer experience and reduced costs per seat.
and Enbridge Gas Distribution have signed an agreement to use Active Risk Manager to support the implementation of its new enterprise risk management strategy and process.
With implementation of a risk management strategy underway, organizations must also institute a process for the continual evaluation of risk management processes and measures.
A risk management meeting was held two months prior to his release from prison in order to put a risk management strategy in place to protect three victims and their children.
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