We want to help in our way, so here are the top 5 risks for the retail industry and some thoughts on potential controls. Personally, as a consumer, if the retail industry did not have these as their top 5 then they were not doing risk management. But, that is just my opinion. Back to the risks themselves.
One of the most important roles of a risk professional is to be on the front foot with information. The expectations of the organisation, and most likely your CEO, is that as the Risk Executive you have an ear to the ground and an eye on the horizon. So, how are we confronting the challenge?