Risk is real while risk management is a vague term. The uncertainty of the future events generally eats the return on investment. Understanding the risk and uncertainty is the only solution.
Need of the time : Revamp of the prevalent systems. (Part I)
he world has engulfed into an unprecedented economic crisis due to the COVID-19 pandemic. Initially, COVID-19 was started as a global health crisis with limited implications on the economy, but soon it became an economic crisis. The COVID-19 crisis highlighted the flaws in current prevalent systems. The Economic system, Healthcare System, Environmental protection, and Social System need immediate revamping for the continuous and healthy growth of the world.