LinkedIn Learning

Protecting Profitability by Reducing Financial Risk


  • Finance & Getting Investor Ready
  • Skills Development
About this resource

Running a company is inherently a risky business. But with a cohesive risk management program, you can reduce financial liability, protect your property and your people, and make sure you stay open for business—no matter what happens. This course offers practical and implementation-ready solutions to protect organizational knowledge and valuation while reducing financial risk for businesses of all sizes and industries. It is designed for business owners, executives, and risk managers who want to protect digital, intellectual, and physical assets; keep employees safe; and guard against cyber threats as well as natural and man-made disasters. Business continuity expert Dan Weedin first reviews the risk management process, from identifying exposures to implementing and monitoring a risk management program. Then he shows how to protect your company by building a strong team that keeps organizational knowledge in-house and operational. Plus, learn how to plan for risks that are unique to the digital age, such as IP theft and cyberattacks, and buy insurance to mitigate financial loss in the worst-case scenario.

What you'll learn:

  • Explain the process of identifying exposures
  • Cite examples of transferring risk
  • Name the tools used for implementation and monitoring risks
  • Define "organisational amnesia" and explain how to prevent it
  • Describe security concerns an organisation may have and explain the cybersecurity tools that may be used to mitigate them
  • Identify the benefits of an employee handbook for mitigating risks
  • Explain the various parts of an insurance policy
  • Summarise the importance of a business continuity plan and describe the steps for creating one
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