Enterprise risk management is the process of planning, organising, leading, and controlling the activities of an organisation to minimise the effects of risk on its capital and earnings. While risk management will not guarantee that the organisation will not be impacted by conditions within their operating environment, it will, however, provide objective and consistent information to decision makers.
If you want to establish risk management procedures in your business, use the toolkit and template as guides.
Corporate Governance Fundamentals: Risk Management
A video guide on managing risks within your business
أسس الحوكمة المؤسسية للشركات المتناهية الصغر والصغيرة والمتوسطة: إدارة المخاطر
فيديو إرشادي باللغة العربية حول إدارة المخاطر في مؤسستك.
Risk Management Graphic Guide
This graphic guide explains what risk management is, and how important it is to avoid or manage pitfalls in a business.
Enhancing Gulf Business Competitiveness
Evaluations of the Gulf Region’s economic sphere reveal that much of the business is carried out by Micro, Small, and Medium Sized Enterprises (MSMEs).
Bearing in mind the importance of MSMEs in job creation, innovation, and business growth, the Pearl Initiative undertook an extensive survey across these companies to understand their approaches to corporate governance and competitiveness. Our survey revealed that MSMEs are keen to expand their horizons, but encounter obstacles with funding, hiring skilled employees, allotting time for ventures, and retaining talent. The survey thus provides a framework that will help MSMEs address these issues through effective corporate governance towards more stable and successful forms of entrepreneurship.
Risk Management Guide
This template includes information and guidelines on effectively managing risks that impact an organisation’s objectives, goals, and successes.
It provides instructions on understanding and plotting for risks and impacts and includes a downloadable Risk Management Tool template.