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  • Be capable of driving organizational, operational and cultural changes

  • Identify risks in the process. Will try to eliminate  the risk, if not possible then try to mitigate the loss. 

  • If you want to be a REAL RISK manager, you have to be able to be ready for every conceivable downside risk without being overtly pessimistic.

  • Sir,
    There is no doubt that Saint Vivekanand was a visionary,but in the economic scenario don't you think failure shall take one to the oblivion.Perhaps risk management will not allow to take such risks.
  • Swami Vivekanand an Indian Philosopher told that " Take a Risk, if you win you will lead the team. ........If you cant win you can guide the team". ......Its true.

     

  • Understanding the risk and pricing the risk is the way to be a Good Risk Manager. This concludes lot of inputs like identification of risk, evaluation of risk, alternatives of risk, resolution of risk finally implementation of measures to prevent the risk - 

  • specify and inform about risks in a systematic way and combine risk sources and risk categories in a proper and efficient way

  • I have to be critical of my self also.
  • I would think you have to understand the business you're risk managing, and think about what could go wrong, and how you would know about it in advance.  Know your risk-takers and what ways they can evade or distort your information.  Know what battles you can't win, and which you can.  Plan in advance for what you will do when breaches occur.

  • Implement COSO 2013 (revised) Framework
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