From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

Discover how a risk management framework helps companies identify, manage, and limit risks while balancing growth and protecting capital and earnings.

Risks to a medical device’s performance can occur at any stage of the product lifecycle, as highlighted at the 2015 Risk Management Summit conducted by AAMI. Sometimes, changes in a product may be so ...

Risk management is the process of identifying potential risks and/or harms and creating a plan to prevent the risk from happening or reduce the risk as much as possible. There are different types of ...

According to the National Association of Corporate Directors (“NACD”), “there are number of things that Boards need to do as the number and magnitude of business risks increase.” The NACD supports the ...

Health care in the United States is stretched to its limit, and those who enter the medical field want to be able to provide the best care possible for their patients. For nurses, usually the backbone ...

Your risk and compliance functions are probably costing you more than they should. Not just in budget, but in drag. When your functions are siloed, they create redundant work, blind spots and a bad ...

If most midsize companies have a formal risk management process, why did so many fail even in pre-pandemic years? The problem is that risk heat maps — many companies’ primary tool for assessing risk — ...

First coined by Bruce Schneier in his book Beyond Fear, the term "security theater" has entered the everyday lexicon to describe something that projects a facade of security without substantively ...

High-profile nonprofit failures and scandals have increased scrutiny of the nonprofit sector in recent years. In late 2014, the largest social services agency in New York, the Federation Employment ...

Chemical process industries face inherent risks arising from the manipulation and storage of hazardous substances, complex process operations, and the potential for catastrophic chain-reaction events.