It our pleasure to have Mr. Russell Poul Moddock as a guest speaker for Deshpande Fellowship Program on23rd November he is Former Managing Director Of Strategic Account Management At Aon Corp. in Chicago. II. And he has a huge experience in Risk Management: He discussed about it with the fellows. And explained what risk is and what all the steps we can take in to solve or to come out from that risk. Really it was a great experience sharing session. In order to understand the risk below mentioned steps were discussed.
Identification of the risk
Measure / Analyze the risk
Eliminate
Manage, rethink the risk for further steps.
the session was winded up with the sentence which says Risk is neutral, it is not good not even bad, if you can manage it and think profit or benefit out of it.
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