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The High Cost of Ignoring Risk Management: A Cautionary Tale for Business Leaders

ByJason

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.

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The Hidden Risks of Verbal Agreements: A Construction Company’s Costly Mistake

ByJason

When a construction company owner relied solely on verbal agreements with subcontractors, a major project went sideways, leading to legal battles and costly delays. This story underscores the importance of simple, time-efficient risk management practices—like written contracts—that can save your business from disaster. Learn how to mitigate risks without adding unnecessary complexity to your operations.