Risk with David Albrice
While doing asset management, the organizations are always keen to balance the outcomes between performance, cost, and risk. Risk is a huge part of asset management programs and can be defined as the uncertainty that an organizations faces to achieve its objectives. There are lot of things happening in an organization, so there are a lot of uncertainties all around. With innovation and growth opportunities, comes the risk as well. The risk is mostly considered in terms of negative experiences but it can lead to positive experiences too. Whenever you take a risk, there’s always a chance that things could go either way.
In this episode, we covered:
- Why is risk a huge part of asset management programs?
- Why is it important to manage risk with optimized trade-offs?
- What are the risk types and how can we manage them effectively?
- And much more!