WBSP354: Grow Your Business by Learning the Nuances of Enterprise Risk Management and Governance w/ Hart Brown
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Most companies feel that the insurance companies would be able to cover most financial risks for them. But without understanding your risk profile, it’s hard to predict if they will be covered. Understanding and identification of risks require a thorough analysis of your processes and supply chain and evaluating them on an ongoing basis. You might also need to monitor macroeconomic factors and how they might affect your risk profile to have complete control over your financial risks.
In today's episode, our guest, Hart Brown, shares his insights into enterprise risk management and governance processes. He also discusses the drivers that result in financial and legal risks for the companies such as disgruntled employees, macroeconomics factors, and supply chain issues. Finally, he discusses what companies and operations managers might be able to do to navigate current risks because of supply chain disruptions, war, and inflation.
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