Good risk management is about being alert, implementing the right controls and taking swift action to mitigate risk during a crisis, therefore, ICICI Lombard and CNBC-TV18 present to you, the India Risk Management Awards. This award is for those who understand and take steps to ensure that the risks are mitigated to the least possible denomination.
The New Normal has redefined the way industries function. While it has made humans firewalled in their homes, it has led to neologism of ‘Boundaryless’ in the form of a ‘boundaryless organization’. A boundaryless organization usually transcends the rigid lines of bureaucracy and divisional boundaries within a corporation and ignore the borders where the corporation itself is separated from its markets, customers, and stakeholders.
The ever increase in remote and mobile workers has led to cyber-criminals targeting remote workers with an unprecedented volume and variety of attacks. And to top it all many paper-based processes are being transformed into digital ones given the crisis at hand, regulations will need to evolve in the coming months to keep pace with business practices.
The 7th edition of the India Risk Management Awards will aid corporations to navigate through these risks and put a spotlight on how they can devise & deploy a ‘Boundaryless Risk Management’ architecture that augments the strength of businesses in the new normal.