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RISK MANAGEMENT |
Every form of endeavour or enterprise brings with it opportunity as well as risk.
In business, when a strategic course is charted and a business plan is formulated, such opportunities and perceived risk factors are addressed. Thus a business entity will have in force a mechanism by which such perceived risks could be managed in terms of pre-empting or mitigating adverse effects from such risks.
However, there are often unexpected risks which arise from a multitude of change factors that can affect original strategy and planning.
Managing perceived and unexpected risk factors to render the least disruption of enterprise, and the least harm to the organisation, is true Risk Management.
SLT’s well structured risk management system encompasses the whole Company and all its dealings.
We present here the key Risk Management initiatives in operation, within the Company. |
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