Training and Employment Orientation Presentation

TEACHER: Maria Belen Vazquez Conde

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1- Ayala Iriarte Jhoana2- Carbajal Marti Marylin Janet3- López Castillo Carolina Jazmín4- Jimenez Rojas Sarahi

5CM4TEAM 5

english subject complemente“RISKS MANAGEMENT”

INSTITUTO POLITÉCNICO NACIONAL ESCUELA SUPERIOR DE COMER Y ADMINISTRACIÓN UNIDAD SANTO TOMÁS

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¿What si risks management?

How do they arise?

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Info

Why is risk management important?

Info

Why is risk management important?

Info

Why is risk management important?

Benefits

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Benefits

Benefits

Risk management process

ISO 31000 delineates a comprehensive risk management process.

Analyze the likelihood and possible impact of each one.

Monitor the results of risk controls and adjust as necessary

Treat -- or respond to -- the risk conditions.

Evaluate and prioritize the risks based on business objectives.

Identify the risks faced by your organization.

Is to know how each identified risk relates to the maximum risk the organization is willing to accept and what actions should be taken to peserve and enhance organizational value.

The end goal

To obtain that

• Companies that currently take a reactive approach to risk management -- guarding against past risks and changing practices after a new risk causes harm -- are considering the competitive advantages of a more proactive approach. There is heightened interest in supporting business sustainability, resiliency and agility.

It minimizes the negative impact on the organization's image and reputation by proactively managing potential crises

Risk management is the process of identifying, assessing and controlling threats to an organization's capital, earnings and operations.

The ISO 31000 process also includes an upfront step to establish the scope of risk management efforts, the business context for them and a set of risk criteria.

These risks stem from a variety of sources, including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters.

It allows for more efficient resource allocation by prioritizing attention to the most significant risks.

• A recent external risk that initially manifested itself as a supply chain issue at many companies -- the COVID-19 pandemic -- quickly evolved into an existential threat, affecting the health and safety of employees, the means of doing business, the ability to interact with customers and corporate reputations.

Can be used by any type of entity and includes the following steps for identifying, assessing and managing risks

It provides a solid foundation for making informed decisions by considering potential risks and opportunities

• Risk management has perhaps never been more important than it is now. The risks that modern organizations face have grown more complex, fueled by the rapid pace of globalization. New risks are constantly emerging, often related to and generated by the now-pervasive use of digital technology.