Risk Management and Resilience
Risk management is the process of identifying, assessing, prioritizing, and mitigating risks to minimize the likelihood and impact of adverse events while maximizing opportunities for achieving organizational objectives. It involves a systematic approach to understanding and managing risks across all levels of an organization, from strategic decision-making to day-to-day operations.
Safety is a central part of the quality and competitiveness of tourism businesses. Cooperation, information exchange and joint development interests solidify the network operations and bring added value to all parties.
In tourism businesses, risk management should be part of the strategic management at all levels purpose, governance, leadership and commitment, strategy, objectives and operations.
There are risk management tools available for tourism businesses. Each country and region have their own unique operating environment and stakeholder networks. The most important thing is to choose the one that suits best for the business operations, size and location of the company.
Learn the basics of risk management and resilience in tourism.
The basics of Risk Management and Resilience
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