Can you identify the most serious risks to your organization? Did your risk analysis identify catastrophic risks like earthquakes, tornadoes, etc.? If so, you’re not alone. Most organizations focus more on natural disasters and other catastrophes but less so on the more common risks that can cause problems any day of the week. This week’s articles may help you better assess your actual risks and prioritize them as well.
Before they actually happen incidents are called threats and each is a type of risk with a likelihood of occurrence and a potential impact if it does. (Item #1) Effective risk assessment is increasingly important to the success of any business. (Item #2) Risk and emotion are inseparable. (Item #3)
In order to manage change, it is important to understand the key assumptions done when assessing risks. (Item #4) Are you familiar with the various types of risks? (Item #5) In common with any risky situation normal risk assessment rules apply to managing social media - identify, record and mitigate risk. (Item #6)