July 21, 2016 7:00:00 AM EDT  |  Risk Management

Protect Your Company from All-Hazards Risks

If you ask ten professionals to define the term “risk management,” you will most likely get at least seven different answers.

So what does that mean for businesses today and why is it important?

Risk Management - Highway Signpost on Sky Background.Practical management systems tend to serve as the foundation for managing critical business functions in every successful company–risk management should not be an exception.

In today’s global marketplace “all-hazards” risks are persistent and pervasive, and can cause immediate and devastating impacts if improperly managed.

Effective risk management is an essential element in business. By systematically investing in risk management initiatives focused on a measurable return on investment, corporations can create value for their enterprise.

About the Author

Matt Davis

Matt Davis

Matt Davis has been a project/program manager in the U.S. Government space for 14 years, and has managed both large and small teams. He served over seven years in the U.S. Army while earning a Master's Degree in Business Administration. After the military, he earned several industry certifications to include: PMI-PMP, PMI-RMP and PMI-ACP. He loves challenging himself to learn new ways of doing things. Matt believes that working with people is probably the most important thing he does, and that it is a beautiful thing when a group of people can work together toward a common goal.