NOVEMBER 2021CIOAPPLICATIONSEUROPE.COM9Magdalena Skorupasaid: you can't stop the waves, but you can learn how to surf. How accurate this meaning today is; no matter what you do, if you adjust quickly, if you are flexible, creative, and fast, you survive, and the waves will get you far. It is a metaphor, but extremely accurate today. Having well developed risk management function, will help you not only improve your operations and mitigate newly immersed risks, but also optimize, make risk management process effective, and accelerate your operations going forward. Of course, keep in mind that by just having risk management in place, there is no guarantee you will be successful. What you must have in place is an efficient, effective, and ongoing risk management process in place that supports business decisions, is a driver of development, and a real business partner vs. an obstacle.In the next normal, we must realize that risk management is an ongoing process; risk management will support every business decision if you use it wisely. Be prepared, your effective, agile risk management process supported by the leadership might be a real differentiator for your enterprise going forward. Organizations that will successfully navigate through those unexpected times will grow and be stronger than ever before. As Rajiv Jain said: Be always prepared to face the unexpected because it is your ability to deal with the circumstances that determines your capability. What you must have in place isan efficient, effective, and ongoing risk management process in place that supports business decisions, is a driver of development, and a real business partner vs. an obstacle
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