Hi, I am working as an HR in an IT startup with less than 50 employees. Kindly help me with the Risk management policy. Is it mandatory to have a Risk management policy and why is it required? Thank you.

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Hi, I am working as an HR in an IT startup with less than 50 employees. Kindly help me with the Risk Management Policy. Is it mandatory to have a Risk Management Policy, and why is it required? Thank you.

From India, Bengaluru
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Savita, Please elaborate what do you mean by "Risk Management Policy ".
From India, Faridabad
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Hi Shobit,

Management has asked me to prepare a Risk Management policy. We work in the Fintech domain, specializing in web development and design. I don't have a clear picture of what needs to be included in the policy. Is it mandatory to have a risk management policy?

From India, Bengaluru
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Any business involves risk in its operation and maintenance. The risks in your type of business call for in-depth analysis of all activities and infrastructure which may pose a risk and have hazards that can impact the overall business, including the lives of people working. You must prepare a list of all such threat perceptions and then work on how these risks can be minimized and mitigated.
From India, Vadodara
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Thank you Bijay, I will first list down the possible threats and then work upon that.
From India, Bengaluru
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