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Any organization, public or private, large or small, is always seeking to ensure its continuity, performance and development, and to do this it must set itself strategic objectives that it must achieve. Once this strategic horizon has been established, the next step is to define the necessary means, and to ensure that they are implemented effectively and efficiently in order to achieve these objectives. In the unstable economic environment in which the organization operates, it is confronted on a daily basis with a multitude of risks of very different importance and nature, which can disrupt or even render impossible the achievement of these objectives. Even if risk aversion is human nature, in management terms, risk-taking is vital to the organization, which means that risk-taking is inevitable and necessary; however, the organization must ensure that this risk is controlled and even mastered. The internal control and risk management system developed within an organization enables the implementation of measures to ensure reasonable risk control.
About the author
Fatoumata Yattara, Máster en Ingeniería Financiera por Sup' Management Mali, realizó cuatro prácticas en Orange Mali en gestión de flujos financieros, análisis de riesgos y optimización presupuestaria.El Dr. Oumar BAH, profesor adjunto en CAMES, tiene un Doctorado en Ciencias de la Gestión, especializándose en Finanzas, Control de Gestión y Auditoría de la IPU.
