Skip to main content

Why your business needs to focus on risk management

Banner image featuring Wendy Wildeman.

Acera Insurance’s Wendy Wildeman, Director, Learning Development, sat down with Business in Calgary magazine to discuss the important role that risk management plays in supporting business longevity and success.

“Failing to plan is planning to fail. So, if you’re going to set up a business, don’t just focus on getting that location, or getting their manufacturing line running or getting out there with some advertising. Think about what could go wrong. It doesn’t matter how big or small you are. You definitely need to manage your risks.”

Wendy Wildeman, Director, Learning and Development

Wendy has her Canadian Risk Management (CRM) designation and over 40 years’ experience.

Assess and prepare for the risks your business could face

There are many potential threats that could hinder an organization’s ability to stay in business; a few examples that Wendy outlines in this article include business interruptions, employee crime, cyber threats such as data breaching and breakdowns of essential equipment.

Discover the other expert tips and advice Wendy has to offer businesses when it comes to managing their risks.