What is Strategic Risk Management? by Bryan Whitefield
Risk Management is all about managing the uncertainty around achievement of objectives.
All risk assessments should start with the objectives of the organization, business unit, program, project, process or system that is the subject of the risk assessment.
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Risk Management is all about
managing the uncertainty around
achievement of objectives.
All risk assessments should start with
the objectives of the organisation,
business unit, program, project,
process or system that is the subject of
the risk assessment.
What is Strategic Risk Management?
by Bryan Whitefield
3. WEBSITE: http://globalriskcommunity.com/
EMAIL: info@globalriskconsult.com
ERM is management of risk across,
up and down all of the enterprise .
The risk management process is the
same for all risk assessments,
however, gaining the insight and
knowledge to assess risk effectively
differs from risk assessment to risk
assessment.
Assessing risk for an IT project
requires a different approach to a
risk assessment of the strategic
objectives of a large multi-national.
What is Strategic Risk Management?
by Bryan Whitefield
4. WEBSITE: http://globalriskcommunity.com/
EMAIL: info@globalriskconsult.com
1. Stakeholder Analysis
2. PEST (Political, Economic, Social and Technology) Analysis
for external environment scanning.
3. Porter’s Five Forces for assessing the competitive threats and
opportunities within the industry my client is operating in.
4. Risk Management Partners Building Blocks Analysis which is
an internal assessment of the quality of an organization's key
building blocks
The key tools are:
What is Strategic Risk Management?
by Bryan Whitefield
5. WEBSITE: http://globalriskcommunity.com/
EMAIL: info@globalriskconsult.com
a. Strategy and Performance
b. People and Knowledge
c. Processes and Systems
d. Assets and Liabilities
e. Culture
Risk Management Partners Healthcheck
risk management maturity model:
What is Strategic Risk Management?
by Bryan Whitefield
6. WEBSITE: http://globalriskcommunity.com/
EMAIL: info@globalriskconsult.com
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