28/02/2022
Asharqia Chamber organizes a workshop on risk management in small and medium enterprises
The Small and Medium Enterprises Center in Asharqia Chamber organized a workshop that reviewed the important tools to reduce risks that pose a threat to the workflow of small and medium enterprises.
During the workshop held on Sunday evening, February 28, 2022, at the headquarters of the Asharqia Chamber of Entrepreneurship incubator in the Chamber Tower, entitled "Risk Management in Small and Medium Enterprises", the consultant in business development discussed the strategy for negative risks or threats, where the most prominent tools of the strategy, including: Avoidance by changing the management plan to eliminate the threat completely, transferring the impact of threats to another party, mitigating by acting to reduce the likelihood of the occurrence of the danger or risk and mitigating its effects, also acceptance by recognizing the risk and not taking any action unless it occurs, and exploitation by work 2 To ensure the realization of opportunities, as well as improvement in order to increase the possibilities or positive effects of the opportunity, and participation by allocating some or all ownership of the opportunity to another party that is better in the ability to seize the opportunity for the benefit of all parties, and acceptance in the event of desire and willingness to take advantage of the opportunity if it occurs But while not actively pursuing it.
