Managing Risk (New Course)

<p>Today we explore business risk. The possibility of loss entrepreneurs face from financial, operational, and market challenges. We categorise specific threats such as economic downturns, compliance failures, and cyberattacks. </p><p>Crucially,we outline a four-step management process (Identify, Assess, Take Action, Monitor) and detail strategies to mitigate harm, including avoidance, diversification, prevention, and specific insurance policies to ensure survival.</p><p>Notes and insight from IOH, Podcast produced using Notebook LM AI</p>