For some 'Business is Risk' for some others 'Risk is Business'. Which ever way we take, risk determines the reward of doing and being in business. All theories of finance aim at identification and mitigation of risk. Risk can have various names like operational, credit or market risks and it is therefore essential that organisations learn to recognize these different kinds of risk and manage them

So, is Risk Management a new buzzword or a basic necessity in the growing dynamics of global business?

The exposure of the business is no longer restricted to local or national levels and any event from Colorado to Kolkata affects the business. Since risk is such an integral part, can we avoid risk? Or is identification of risk and reduction in uncertainty more important than its sheer avoidance?

Every risk brings with it an opportunity and tests the appetite to make use of it. To explore this and much more on risk, its identification and opportunity