Remove Acceptable Risk Remove Government Remove Mitigation Remove Strategic
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. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

article thumbnail

5 Steps towards an Actionable Risk Appetite

LogisManager

As a governance professional, it’s your job to make sure these decisions are directly in line with the company’s unique goals and objectives. Risk tolerances, on the other hand, set acceptable levels of variation in performance that can be readily measured. Risk Appetite. Risk Tolerance. Risk Appetite.

article thumbnail

The Best Risk Management Courses on Pluralsight to Consider Taking

Solutions Review

Next, you’ll also learn how the Risk IT Framework articulates with COBIT and Val IT. This course will also show you how to implement the three domains of the framework, including Governance, Evaluation, and Response. Henry covers risk management terminology, governance, mitigating risk, and monitoring risk.