Shivendra Jha
Partner - Head of Advisory Services and International Liaison Partner (ILP)
Everything you do entails risks, be they strategic, financial, operational, IT, compliance, legal, etc. That is typical of running a business. The question is, must you avoid or eliminate them at all costs? No. Be cautious, do not avoid risks - that is impossible anyway - but act in a calculated and decisive manner. The essence of effective risk management is not so much a matter of eliminating the risks as it is one where you (and your board of directors) know them, assess them correctly and keep them under control.
