Remove Mitigation Remove Risk Management 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. What Is Strategic Risk Management? How Do Strategic Risks Differ From Tactical Risks?

Strategic 105
article thumbnail

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM

LogisManager

How Insurance Companies Can Align with the NAIC 2024 Strategic Priorities using ERM Last Updated: March 7, 2024 What are the NAIC Strategic Priorities for 2024? Every year, the NAIC announces its strategic priorities to address the most pressing issues affecting consumers, the insurance sector, and markets.

Insurance 104
Insiders

Sign Up for our Newsletter

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

article thumbnail

These 8 Risk Domains Are the Meat and Potatoes of Risk Management 

MHA Consulting

As a practical activity, enterprise risk management (ERM) centers on eight distinct risk domains, some strategic and some operational. With respect to this process, the total landscape of risk that is assessed and mitigated can be divided into eight risk domains.

article thumbnail

Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability

LogisManager

Boost Your Risk Management Strategy with Enhanced Metric Collection, Collaboration, and Accountability Published: February 1, 2024 LogicManager’s latest product release is designed to empower testing programs with improved metric collection and control validation, ensuring accuracy and reliability.

article thumbnail

Know Your Risk: Managing an Expanding Universe of Uncertainty

Fusion Risk Management

Risk management is typically discussed under two categories: Governance, Risk, and Compliance (GRC) or Integrated Risk Management (IRM). Now that we have established a baseline around industry concepts, some risk perspectives have become center stage in the past few years. Strategic risk.

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. What Is Strategic Risk Management? How Do Strategic Risks Differ From Tactical Risks?

article thumbnail

Risk Management Process- Part 1: Overview

Zerto

Risk management describes how a business identifies, analyzes, and responds to threats and risk factors that impact its profitability, viability, and strategic goals. Risk management attempts to control future threats by planning preemptively and deploying effective risk-control measures.