Corporate Risks

Corporate or business risks are the responsibility of the business directors or owners.  Every board meeting should have an agenda item which covers Governance and a sub item of the Business Risks.

Business risks are not static and will change and it is important that this is reflected in ther risk register, mitigating actions and changes or issues arising.  The following is an example of a risk register.  The main consideration with a risk register is the process undertaken and how risks are identified and reported.  Every business needs to demonstrate that risks are not just identified but managed which means mitigating actions.