Insight of the Week: Identifying The Risk Universe

What risks are present in the organization? How do you address them?

This client sought to establish an internal audit function. Once risks were identified across the business, they were assessed and charted for impact, likelihood, and velocity (speed of realized impact, denoted by the size of the bubble).

This analysis was critical to informing the project plan and eventually mitigate risk and increase accountability across the business.

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