RISK ASSESSMENT & MANAGEMENT

Risk Management

Canva manages risks related to competition, user data privacy, and the scalability of its platform. It invests in technology infrastructure, adheres to data protection regulations, and fosters a culture of innovation to stay ahead of market trends.

Failures

Challenges for Canva include addressing the diverse needs of a broad user base, ensuring the platform remains intuitive as it expands its features, and navigating the competitive landscape of online design tools.

Lessons Learned

Canva’s journey highlights the importance of user-friendly design, the value of listening to user feedback for continuous improvement, and the potential of SaaS platforms to disrupt traditional industries.