Strategy Driven
JULY 3, 2013
These risks challenge executives and managers in so far as they can have consequentially negative impacts on the organization’s ongoing sustainability from an operational, financial, reputational, and regulatory perspective. Risk = Probability of an adverse event’s occurrence times the severity of the event’s impact should it occur.
Strategy Driven
FEBRUARY 28, 2012
Most think of risk management as an insurance policy, the price paid to help prevent potentially negative outcomes. Such a view leads to the conclusion that risk management is a business expense with a highly subjective value proposition. You just finished reading Risk Management - Value of Effective Risk Management !
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Strategy Driven
JULY 2, 2013
Each organization faces a unique set of risks challenging the continuity of its operations. All risks, however, are not equal. In order for an organization’s leaders to economically manage their business’s risks, they must first understand each risk’s inherent and residual value. All rights reserved.
Strategy Driven
OCTOBER 1, 2013
Every organization is challenged by risks manifest through its many different day-to-day operations. To help monitor and manage these risks, most organizations employ groups providing performance and compliance risk assurance so that significantly adverse consequences are avoided. All rights reserved.
Strategy Driven
JULY 10, 2013
StrategyDriven is proud to announce the launch of a risk management resource forum; providing innovative thought leadership and collaboration opportunities to help leaders effectively address their most pressing operational risks. You just finished reading StrategyDriven Launches Operational Risk Management Resource Forum !
Strategy Driven
APRIL 8, 2014
While not all inclusive, the four lists below, Process-Based Warning Flags , Process Execution Warning Flags – Behaviors , Potential, Observable Results , and Potential Causes , are designed to help executives and managers recognize misalignments between their organization’s risk level and oversight coverage. All rights reserved.
Strategy Driven
JULY 8, 2012
Operational Risk Management. Without a consistent way to manage people, assets, and process safety, companies are more susceptible to risks that drive up costs and can cause serious incidents. You must proactively manage and reduce operational risk, but it requires discipline. Consider leaving a comment!
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