eMaxx Risk Management Process
It's easy to get into a rut, and businesses are no exception. Even Harvard Business School recognizes this fact. A recent Harvard article titled "Novel Risks" warns executives of this complacency. Most business owners are fairly good at managing hazards by decreasing their likelihood and impact. But the routineness of these protocols sometimes prevents even the best managers from recognizing truly important events and problems when they occur. Consequently, they are not equipped to respond rapidly to novel risks.
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