Time To Learn Risk Management

We both know that we are in a global recession yet this is not the time to surrender. Internet businesses or any business start ups, there are some skills we can acquire to beat this downturn. One of that skills is one of the very important management skill in business -- Risk Management. I found this worth noting article from Small Business Lessons. I quoted the skills below.

• Risk management should create value.
• Risk management should be an integral part of organizational processes.
• Risk management should be part of decision making.
• Risk management should explicitly address uncertainty.
• Risk management should be systematic and structured.
• Risk management should be based on the best available information.
• Risk management should be tailored.
• Risk management should take into account human factors.
• Risk management should be transparent and inclusive.
• Risk management should be dynamic, iterative and responsive to change.
• Risk management should be capable of continual improvement and enhancement.

Check out more of this article here -> What Risk Management Can Do To Beat This Down Turn?