Blogging / Framework / Operational / Risk / Risk Assessment / Training
The High Cost of Ignoring Risk Management: A Cautionary Tale for Business Leaders
When a manufacturing company president dismissed the need to document production processes, he assumed his experienced team would always be there. But when three key employees left unexpectedly, the company faced months of chaos, lost contracts, and damaged reputation. This story highlights the critical importance of proactive risk management and how frameworks like NIST RMF, ISO 27001, and COSO ERM can prevent such disasters. Learn how to protect your business from operational vulnerabilities and ensure long-term resilience.