The KenGen Foundation, whose core mandate is the implementation of the company’s Corporate Social Investment activities is now included in KenGen’s Risk Assessment program. This follows the staff training carried out by the Risk Management and Audit Department recently.
The Risk Assessment analysed the Foundation’s operational and financial systems in order to determine vulnerabilities and breaches, and the impacts on business continuity. The assessment also included the management, mitigation, and minimisation of the impacts of existing threats within the various departments of the Foundation.
Risk is a factor in every business. The forms it takes varies from sector to sector and business to business, but it’s a constant factor that demands consideration in order to protect business operations from precarious situations.
The Risk Assessment addressed the organisation’s exposures in terms of business continuity, project planning, financial procedures and more.