Strategic Risk Management is a process of identifying and monitoring external risks, measuring their potential impact, managing strategies accordingly, and mitigating the potential effect of external risks. However, external market risks are scattered, episodic, and caused by many actions & various agents often outside of the control any one organization.
Lacking a product to monitor, track and trace external market risks and opportunities, leadership focuses more on financial risks as they are easy to quantify, visible and auditable. Without visible and trackable data on external risks, management’s deep confidence in their judgments is often at odds with reality.
External marketplace and strategic risk intelligence lie fragmented, scattered and is not retrievable for analysis at any time. These methods allow external risks to be underplayed while opportunities are often overstated- the reason for 7 out of 10 investment projects failing to provide adequate returns. We help clients win by automatically monitoring their marketplace and exposing hidden risks hurting their ability to reach growth targets.
With our digital solution, leaders employ an enterprise-wide approach to risk management, designed to reduce the probability of assumed and unassumed risks associated with their marketplace operations and strategy execution. Contact Us Now For A Demo of our Risk Management Solution!