What it Is and How it Helps
In flying I have learned that carelessness and overconfidence are usually far more dangerous than deliberately accepted risks. – Wilbur Wright in a letter to his father, September 1900.
What it is and How it Helps
Gael Risk is a cloud-based software solution designed to help organizations manage operational risk by helping prevent undesirable events from occurring or reducing their impact.
The solution’s intuitive functionality helps users play their part in preventing risk from occurring, or if it does occur, in reducing its impact. You can visually see your gaps, monitor change, manage responsibilities and increase your awareness of incidents that take place across the business.
Risk can be a complex subject. In normal day-to-day conversation – a hazard, a risk and a threat can have similar meanings. However, in risk management, each of those terms has their own distinct meaning.
The first challenge for any organization is in ensuring that the terminology used is widely understood and consistently applied.
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