The second episode of THAG Talks, organized by THAG's HSEQ Committee, centered on the crucial topic of risk management. Moderated by Committee Head Mr. Paul Waldron, the session was designed to address the growing need among THAG members to understand and prepare for business risks effectively.

Guest speaker Ms. Latoya Jack, a risk management expert and owner of Kronoco Safety Solutions, shared her insights on identifying risks within businesses. Drawing from her extensive experience, she emphasized the importance of recognizing risks early and implementing a structured risk management framework.

Ms. Jack introduced a practical three-step framework for managing risks:

• Compliance: Ensuring all regulatory standards are met.

• Loss Prevention: Proactively identifying and mitigating potential losses.

• Growth: Using risk management as a foundation for sustainable business growth.

She also highlighted the significance of documenting business systems and processes. Writing down procedures helps maintain operational consistency and supports long-term success.

To watch this episode and previous THAG Talks recordings, click the link below. https://drive.google.com/drive/folders/1VdkYqkE5q5RudygYMoZEg4CyUWIDAnsE?usp=drive_link

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