Due Diligence is development of knowledge and awareness of the risks present (all the bad things that can happen) in your environment. If a floor is wet you need to put a sign saying slippery floor. We have to be aware of the bad things that could happen. If we don't know what these bad things are than we didn't perform due diligence and therefore we are negligent of our responsibilities as management.
Due Care is acting on that knowledge and awareness of threats and risks. That is to say, Implementation of countermeasures. Now you know that the bad things can happen you need to prudently manage them, address those bad things and try your best to eliminate/minimize the likelihood of impact of bad things happening. The action you take are considered to be Due Care.
Due Care is acting on that knowledge and awareness of threats and risks. That is to say, Implementation of countermeasures. Now you know that the bad things can happen you need to prudently manage them, address those bad things and try your best to eliminate/minimize the likelihood of impact of bad things happening. The action you take are considered to be Due Care.
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