Risk Management
A company’s ability to manage risk, often determines their ability to succeed. When risk is encountered we aim to minimize, monitor, and control the immediate impact.
Risks come in many forms, from many sources and could hit your company in the form of unstable financial markets, project failures at any phase, legal liabilities, credit risk, accidents, as well as a deliberate malicious attack from an adversary.
Intangible risk management identifies a new type of a risk that has a 100% probability of occurring but is ignored by the organization due to a lack of identification ability.
Implementing a social media strategy prior to a negative event enables companies to demonstrate transparency and build trust, reducing the negative effect of the risk and the related consequences. People are more likely to forgive missteps of people they trust.