How are you identifying potential emerging risks for your business?

We currently are doing a yearly environmental scan of all risk reports that we can find on the internet and via our risk connections and identify what are new things coming through. This is then reported to our risk management committee at least once a year. This is our formal process. We do also check reports on an informal basis and will highlight if new risks are emerging.

What else can we do to identify emerging risks? 

Are we on the right track?

Views: 57

Reply to This

Replies to This Discussion

Hi Wilna

Do you also look at the business risks (including political, financial, operational etc.) that you business faces daily? Looking at different risks from a spectrum of reports is great to get some knowledge of the risk world, but you need to apply risks that pertain to your business. Having risk-based scenarios is also a very effective way of communicating risks.

Thanks

Ketan 

Reply to Discussion

RSS

Our Sponsors

Would you like to reach over 90,000 + Risk Professionals? 

REQUEST OUR MEDIA KIT

______________________

Current Partners Include:

 

Join GRC Inner Circle - Get Top Risk Resources, Member Support PLUS become our patron

Business Exchange

If your organization delivers products and services that bring value to our members, you are welcome to join our partnership program.

Companies are welcome to setup a business profile page in our Multimedia Business Directory. You will get full control of the page and can include cutting edge possibilities – videos, adverts, presentations, white papers, job offers, Press Releases, product information, company blog, news feeds and more.

CLICK HERE TO APPLY

Our Knowledge Partners

Request our MEDIA KIT

Our Twitter feed

© 2020   Created by Boris Agranovich.   Powered by

Badges  |  Report an Issue  |  Terms of Service