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How to conduct effective strategic risk reviews

Most directors and staff describe risk as something negative that happens to an organisation. It’s also described as something that can go wrong, lead to potential losses, and, ultimately, something to both monitor and reduce. 

However, in most cases, current risk management procedures do not completely unlock the potential of risk, because monitoring and managing risk can only go so far. 

It’s important to shift our mindset and to imagine risk as a strategic advantage, an opportunity with hidden potential, a source of, potentially, amazing innovation. 

In this scenario, strategic advantage and significant opportunities can be explored, managed, and monitored as part of the risk management process. From this angle, risk is viewed as an ongoing strategic conversation, rather than a compliance reporting function. 

Download this eBook to start leveraging the power of risk reviews in your organisation.

strategic risk review book

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