Corporate world today should have a vision to control and measure a large number of internal and external risks. Organizations have refined themselves in identifying risk areas be it financial, operational, IT, brand or reputation related risk. In this changing environment, the role of risk management is not only limited to experts but from each board member to each executive, everyone has to take responsibility. Effective management is not enough to mitigate potential business risk. Having a proven and highly accurate business risk assessment tool using AI technology is key to an organization’s long term strategies.

Risks are inevitable in businesses. They come in many shapes and sizes. To ensure the survival and growth of business, some risks are necessary too. Therefore, business owners must look at every possible way to mitigate and manage risks. Business risk assessment tool is imperative.