Description: Business risk management is the process of identifying, assessing, and mitigating risks that may affect the operation and sustainability of an organization. This comprehensive approach allows companies to anticipate potential threats, whether financial, operational, technological, or reputational. Risk management not only focuses on preventing losses but also seeks to seize opportunities that may arise in an uncertain environment. The main characteristics of this process include systematic risk identification, assessment of their impact and likelihood, and implementation of strategies to mitigate them. The relevance of risk management lies in its ability to protect the company’s assets, ensure business continuity, and foster trust among stakeholders. In an increasingly interconnected and complex world, risk management has become a critical function for strategic decision-making and long-term planning.
