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The Difference Between Strategic and Operational Risk

Reciprocity

Modern organizations operate in a highly complex environment. Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. How are they different? Strategic and Operational Risk: A Brief Intro.

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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
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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.

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Thinking Forward: Managing Third Party Risk for 2024 & Beyond

LogisManager

Thinking Forward: Managing Third Party Risk for 2024 & Beyond Last Updated: January 2, 2024 In the world of third-party risk management, companies have long been accustomed to doing things the old way, navigating through fragmented processes and siloed approaches. Successful Third Party Risk Programs Focus On: 1.

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Beate Zwijnenberg: Can Cyber Risks be Quantified?

FS-ISAC

Episode Notes It’s difficult to quantify risk – some CISOs say it can’t be done – but there is a business case to be made for cybersecurity measures and controls (information sharing helps). In one sense, such metrics are available, insofar as they apply to the link between cyber risks and financial services organizations’ capital reserves.

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Thinking Forward: Policy Management for 2024 & Beyond

LogisManager

To effectively embrace a risk-based approach, your organization needs to stay on top of all these moving pieces and ensure connectivity of policies to risks across departments. Integration with your enterprise risk processes ensures that policies are tailored to address specific threats and vulnerabilities the business may have.

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Crisis Management Team, Assemble!

Bernstein Crisis Management

Because when a crisis strikes, what makes the difference between chaos and controlled navigation is how your crisis management team responds. Operations Lead: This person understands the intricacies of the business’s day-to-day operations and is crucial in maintaining continuity amidst a crisis.