The impending risks have to be fully understood and mitigation plans should be in place before embarking on or continuing a venture.
This is in fact a very important area in corporate governance that requires the stake-holders to act on a fully informed basis.
In order to achieve a state of being fully informed the management has to continually, evaluate its strategic, project and operational risks.
Whether a corrective action is immediately warranted or not awareness of the risks and its consequences are extremely essential in running any business.
It is imperative to take timely and effective measures which might involve tough decisions.
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KrishnaS helps in assessing situations objectively and advices on the best solutions to ease decision making.
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