Peachtree 2013 Annual Report Download - page 48

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Identify
Mitigate
Evaluate
Analyse
Our risk
management
process
Principal risks and uncertainties
Managing risk sensibly is a key element
of achieving our strategic objectives and
maintaining high-quality services
to our customers
Our risk management strategy is designed to support the
successful running of the business and provide assurance to the
Board by identifying and managing risks to an acceptable level.
We have reviewed our strategic plans to identify potential high-level
risks that may impact our ability to achieve our strategic objectives.
Principal risks and uncertainties have been updated to reflect the
current status of our strategic delivery, with previously reported
risks being split into component parts to give greater visibility
on our mitigation plans and provide a clearer link to our strategy.
Other lower-level risks are analysed and mitigated via risk
management processes that are embedded in the day-to-day
running of the business.
To read more about internal control
and risk management, turn to
page 67
46 The Sage Group plc | Annual Report & Accounts 2013