Without risk, there is no reward. But critical to reaping a reward is knowing when, where and how to manage risk — especially those less obvious ones that can have a big impact on business success.
This article discusses the issue of business risk management with Bill Murphy, National Partner with KPMG’s Advisory Services, and Stephen Prime, national manager for Client Strategies Commercial Banking with RBC Royal Bank®.
Learn about the types of risks — such as loss of employees or supply chain issues – and strategies to mitigate them, like implementing employee reward programs and purchasing business interruption insurance. You can monitor risks by using a dashboard of key performance indicators (KPI’s).
Contact an account manager knowledgeable in your industry today!