The Dream’s journey

The Dream’s journey employs a Ro bust risk management framework designed to safeguards our operation's and assets while   Maximising opportunities for growth  and success. Our approach to risk management is characterized by the following key elements:

1. Risk Identification: We proactively identify and categorize risks that may affect our business. This includes financial, operational, strategic, compliance, and reputational risks. Our risk identification process involves input from all levels of the organization.

2. Risk Assessment: Once identified, we assess the potential impact and likelihood of each risk. This analysis helps us prioritize risks and allocate resources accordingly.

3. Risk Tolerance and Objectives: We establish clear risk tolerance levels in alignment with our corporate goals and objectives. This provides guidance on acceptable risk levels and informs decision-making processes.

4. Risk Mitigation Strategies: We develop and implement risk mitigation strategies that may include diversification, insurance, process improvements, contingency planning, and hedging strategies. These strategies are tailored to specific risks and regularly reviewed for effectiveness.

5. Ongoing Monitoring: Continuous monitoring of risk exposures and market conditions is a fundamental aspect of our risk management approach. We remain vigilant and agile, making adjustments as needed to adapt to changing circumstances.

6. Compliance and Regulatory Adherence: We ensure compliance with all relevant laws and regulations that pertain to our industry. This includes risk-related reporting and transparency requirements.

7. Communication and Education: Effective communication with all stakeholders, both internally and externally, is paramount. We aim to foster a culture of risk awareness, providing training and resources to help employees understand and manage risks in their respective roles.

8. Scenario Analysis and Stress Testing: We conduct scenario analysis and stress testing to evaluate how the company would perform under various adverse conditions. This enables us to make informed decisions and prepare for unexpected events.

9. Performance Evaluation: Regular performance evaluations are conducted to assess the effectiveness of our risk management strategies and make necessary adjustments.

10. Documentation and Reporting: Detailed records of risk management activities are maintained, and regular reports are generated to provide insights to our leadership team and stakeholders.

In summary, risk management at The Dream’s journey is an integral part of our organisational culture. It is a proactive and ongoing process that allows us to navigate challenges while pursuing our strategic objectives. Our commitment to sound risk management practices ensures that we are well-prepared for the future, protecting our interests and delivering value to our stakeholders."

T.D.J

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