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Quote by David Sikhosana

“We are not in the money chasing business, we are in the risk management business”

Quote by David Sikhosana

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David Sikhosana

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“Fortifying the company involves managing supply chain risks to ensure continuity of operations and avoid disruptions.”

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“Fortifying the company involves incorporating risk management considerations into strategic planning and decision making processes.”

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“Fortifying the company may involve diversifying suppliers and establishing contingency plans to mitigate supply chain disruptions.”

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“But what is the alternative? Look the other way when a dragon flies by?' He tsk-tsked. 'That sort of life isn't worth living.' 'You would risk insanity, then?' 'Without a doubt. It's the only way to live.”

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“Once risks are identified, they must be assessed in terms of their likelihood and potential impact. This allows the company to prioritize risks and allocate resources accordingly.”

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Book:Board Room Blitz: Mastering the Art of Corporate Governance

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“Regular risk assessments are a critical component of a holistic risk management strategy.”

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“If the company is going to thrive financially, then the board must inquire about the effectiveness of financial controls and risk management practices.”

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Book:Board Room Blitz: Mastering the Art of Corporate Governance

Source: Board Room Blitz: Mastering the Art of Corporate Governance