Congratulations! You have made it through the all-important early stages of determining the risk to your business. You’ve probably even uncovered specific risks that you didn’t know existed previously, let alone had a specific name, risk group, and measurement model.

Now for the next big question: What do you do with all of those identified risks, their measures, and the assessments of those measures? You pin your ears back and move into the “management” aspect of risk management. Risk management is an ongoing process that involves constant action and supervision. It’s time to let your management skills shine.