Risk management and mitigation vs. the challenges of resolving issues

It’s truly powerful when we proactively assess risks, prioritize them based on probability and impact, and develop clear mitigation plans. Many companies fail to give this enough attention, which leads to recurring issues that require significant energy and resources to address. This approach has been shown to be both distracting and costly for organizations. At every phase of a project and step in the process, it’s essential to continuously assess potential risks and implement strong mitigation plans to avoid costly disruptions down the line.