Proactive and reactive risk management represent fundamentally different approaches to handling potential problems. The key difference lies in ๐ฐ๐ก๐๐ง action is taken: before a problem occurs (proactive) or after (reactive). A proactive approach is significantly more effective and cost-efficient.
While both approaches have their place, proactive risk management is generally more effective for ensuring long-term success, reducing unexpected disruptions, and maintaining an organization's overall health and performance.
๐๐๐๐๐๐๐ employs a proactive risk management approach, that allow organizations to identify, assess, and treat risks ๐๐๐๐จ๐ซ๐ they escalate into major problems. It enables organizations to achieve significantly greater cost-efficiency and long-term success, minimizing disruptions and ensuring optimal performance.
To know more: https://app.cyraacs.com/contact/