Remove Evaluation Remove Mitigation Remove Strategic
article thumbnail

Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

Strategic 105
article thumbnail

Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Crisis Management for Businesses

Bernstein Crisis Management

Crisis management refers to the identification, assessment, understanding, and mitigation of significant negative events. It involves preparing for potential crises through strategic planning and response protocols to protect an organization’s stakeholders, reputation, and assets.

article thumbnail

AI Integration: A Strategic Asset for Chief Risk Officers

Solutions Review

Diligent’s Brian Stafford offers insights on AI integration and why it is a strategic asset for chief risk officers. Effective risk management requires a deep understanding of all aspects of risk: financial, operational, governmental, strategic, and compliance.

article thumbnail

Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

article thumbnail

Empowering Strategic Decision-Making with Real-Time Risk Dashboards

LogisManager

Empowering Strategic Decision-Making with Real-Time Risk Dashboards Published: December 12, 2023 In LogicManager’s latest product update release, powerful new in-app visualizations enable real-time data analysis, fostering informed decision-making and proactive risk strategies for strong corporate governance.

article thumbnail

The Difference Between Strategic and Operational Risk

Reciprocity

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. On the other hand, confusion about risks – and especially about strategic and operational risks – undermines an organization’s ability to manage risk well.