WATCH HERE FOR THE FULL VIDEO --> https://youtu.be/y74PcLKHBu0 In this comprehensive exploration of Enterprise Risk Management (ERM), we delve into the critical aspect of risk identification and share invaluable strategies to fortify your organization's resilience. ⬇️ CONNECT WITH US - Official website: https://rtcompliance.sg/ - Email us: support@rtcompliance.sg - LinkedIn: https://www.linkedin.com/in/rtcompliancesingapore/ - Facebook: https://www.facebook.com/rtcompliancesingapore - Instagram: https://www.instagram.com/rtcompliance/ 🔔SUBSCRIBE ON YOUTUBE https://www.youtube.com/@rtcompliancesingapore

1. RTCompliance
EFFECTIVE RISK IDENTIFICATION
STRATEGIES IN ERM

2. Effective Enterprise Risk Management (ERM) hinges on
robust risk identification strategies that enable
organizations to anticipate and address potential
threats
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3. 6 Proven Risk Identification
Techniques
01
Engage stakeholders at all levels to gather
diverse perspectives on potential risks,
leveraging their insights to identify threats
ESG
Stakeholder Engagement
02
Facilitate interactive workshops and
brainstorming sessions involving key
stakeholders
Risk Workshops and Brainstorming Sessions
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4. Historical Data Analysis
04
SWOT Analysis
03
Utilize SWOT analysis to assess internal
and external factors impacting the
organization
Analyze past incidents and near misses
to identify recurring patterns and areas
of vulnerability
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5. 05
Conduct scenario analysis to
evaluate the potential impact of
various risk scenarios on business
objectives
06
Leverage technology and data
analytics tools to analyze vast
amounts of data and detect
emerging risks
Scenario Analysis
Technology and Data
Analytics
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6. Conclusion
Implementing these six proven techniques empowers
organizations to strengthen their risk identification
capabilities in ERM, laying the groundwork for proactive
risk management and informed decision-making
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7. THANK
YOU
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