If risk management is about helping manage the effect of uncertainty on achieving objectives, why do organizations tend to ignore strategic risks and instead focus on lower-level operational, financial, legal, or project risks? The answer is that most organizations, unfortunately, don’t know how to translate or quantify strategic risks — and those in risk management don’t understand the strategic objectives of the organization.
In this webinar, internal audit, risk management, and compliance expert, Jason Mefford, will share how you can:
- Determine your organization’s strategic objectives.
- Translate strategic objectives to risks.
- Estimate strategic risk impacts.