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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?

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What Is Risk Management?

LogisManager

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

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Reviewing the Five Types of Risk 

MHA Consulting

The recent announcement of the official end of the COVID-19 pandemic makes this a good time to review the five types of risk. During COVID, business tended to focus on only two of the five risk types; however, organizations that want to prosper over the long term need to be cognizant of and plan for all five kinds of risk.

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Strategic Communication Methods for DE & I

Business Resilience Decoded

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions. Request a demo at [link] today!

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Risk Management: Is Your Strategy Keeping Pace?

On Solve

Increasing severe weather events, workers distributed far afield, chronic political conflict, the ongoing pandemic – those are just a few of the features of today’s threat landscape. Staying ahead of it all requires thorough risk management. Risk is defined by its unpredictable nature – it can come from anywhere, anytime.

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Strategic Communication Methods for DE & I

Business Resilience Decoded

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions.

article thumbnail

Strategic Communication Methods for DE & I

Business Resilience Decoded

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions.