In this ever-changing business climate, profits are shrinking as risk is escalating. To remain competitive, businesses need to increase efficiency, diversify connections and minimize exposure.
COR² Technology provides technological solutions that offer businesses the competitive advantage to surpass the competition. With a single application, you can streamline operations, improve internal and external communication and mitigate risk.
"We looked at SharePoint, Basecamp and Huddle; COR Share was hands down the leader for overall risk management collaboration and ease of use."— William Abelson CIO, Hamilton
We based our risk mitigating practices on...
Risk Avoidance
1: Avoidance may seem the answer to all risks, but avoiding risks also means losing out on the potential gain that accepting (retaining) the risk may have allowed. Not entering a business to avoid the risk of loss also avoids the possibility of earning profits.
Risk Retention
1: Involves accepting the loss when it occurs. Risk
retention is a viable strategy for small risks where
the cost of insuring against the risk would be
greater over time than the total losses sustained.
All risks that are not avoided or transferred are
retained by default.