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| Article Name : | | | RISK MANAGEMENT | | Author Name : | | | N. B. JADHAV , P. Y. NANGRE | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | ISRJ-130 | | Article URL : | |  | Author Profile | | Abstract : | | | Risk management is a rapidly developing discipline and there are many varied views and description of what risk management involves, how it should be conducted and what it is for. Risk management should be continuous and developing process which runs throughout the organizations strategy and the implementation of that strategy. It must translate the strategy into tactical and operational objectives, assigning responsibility throughout the organization with each manager and employee responsible for the management of risk as part of their job description. It supports accountability, performance management and reward, thus promoting operational efficiency at all levels. | | Keywords : | | - risk management
- organizations strategy
- association of insurance and risk managers (airmic
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