Understanding 3 Risks in Consultancy Firms
Risk is inherent in everything we do. In business, as in our everyday lives, the way risk is managed is an integral part of success. The need for and importance of risk assessment and risk management is now widely regarded in successful commercial and public sector organisations. Organisations that fully understand and appreciate their risk profile and environments can make informed decisions on how to best achieve their objectives. Organisations that fail to recognize and manage their risks can destroy value for their stakeholders, squander resources and ultimately damage their image and reputation. Here's a look at three of the biggest risks that management, marketing, and other business consultants face every day. #1: Data Breaches You're probably sick of hearing about data breaches in the news. But the truth is that they're not going...