Modern governance is empowering leaders with the technologies, insights, and processes necessary to achieve good governance, which helps businesses thrive and endure. The importance of good governance becomes especially clear when it is not in order.

Risk management is a tool to map and evaluate risks in a structured and explicit way and – by dealing with them proactively – to manage them better. Risk management is based on making risk analyses.

Corporate governance is the system of rules and processes that ensures that you and your colleagues can run your organisation properly, efficiently, and responsibly. A good corporate governance policy ensures a correct alignment of the interests of all internal and external stakeholders.

Many entrepreneurs do not like to think about possible risks for their company. It is more attractive to think in terms of opportunities than in terms of threats.

Risk management has become an integral part of the policy of almost every company. It is a continuous process that identifies and values ​​risks. It also determines how the probability of occurrence and the consequences of risks can be controlled.

Governance is also the way of managing. It is a fairly general term, defined in various ways. Maybe definition is even a big word. Governance is rather a container concept that is defined and defined in a different way by every company and organization.

Good governance of a publicly-traded company protects the interests of shareholders, employees and other stakeholders. Rules of conduct for this can be found in the Corporate Governance Code.

Risk management is a method for identifying, quantifying, and practicing risks in a way. Every organization has organizational goals, but also procedures and invisible risks.

Compliance is sector-independent and can therefore be applied in various organizations and companies. For the financial sector, for example, this means introducing and complying with rules imposed on companies and institutions by both the government and the financial regulators.