The business environment is becoming increasingly complex, with increased competition, globalised markets and supply chains, skill shortages and constant cost pressures being the new normal. Increasing reliance on digital technology has highlighted emerging risks and natural hazard events continue to result in significant economic losses. This operational landscape highlights the need for small and middle market businesses to have a risk management programme.
If you don’t have a risk management programme in place already, here are some focus areas where your business may be vulnerable and recommendations for certain steps you can begin to take to eliminate or control them.
Your Operations and Property:
Your IT System and Technology:
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