In this episode of “IN Practice Podcast” we will understand that the absence of proper risk management will lead to the creation of more unpredictable situations or crises. We will understand that risk management is a logical process of coming up with solutions to problems before they happen while they are still just ideas or predictions. On the other hand, crisis management is the opposite of risk management. Crisis management is about figuring out what to do about a problem after it has already happened.
ABOUT IN PRACTICE
“IN Practice” is a podcast that combines practical management concepts, best practices, and advice from the business world to help you become better at analyzing issues, seizing opportunities, mastering decision-making and delivering change. Every episode is filled with advice you can practice in your workplace.
The host, Loay Dirar is a seasoned corporate strategy and transformation advisor with over 22+ years of experience in management consulting and strategy. He specialises in enabling organisations to achieve sustainable growth, operational excellence, and strategic resilience. His expertise spans strategy formulation, mergers and acquisitions, change management, and strategic risk management. Loay has advised more than 40 organisations across the MENA region and globally, and holds a Master’s degree in Strategic Planning from Edinburgh Business School, as well as multiple professional certifications.
