How effectively does your business manage risk?

From natural disasters to COVID-19, risks abound in today’s marketplace. Though risk is inevitable when operating a business, the key is to optimize it. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) offers an enterprise risk management framework to help business owners and executives identify risk factors, consider how much risk to accept and improve their understanding of opportunities. COSO continuously updates its framework for current market trends and events. For example, recent updates address sustainability issues and cyberattacks. Contact us to discuss ways to make your business more resilient and responsive to risk in the new normal.