Integrated Risk Management (IRM) is the collection of processes that offer a comprehensive way to identify, assess and prioritize risk throughout an organization. While “issues” are events that have occurred, a “risk” is a potential issue that may or may not happen and can impact an organization. For many organizations, risk is managed in silos and not integrated throughout the company.
But what if findings and issue management instead served as the foundation of the risk management program? This change in thinking could lead to a more responsive and effective management of risk for the organization – a new definition of risk management.
Join this session to learn:
- The challenges organizations face with managing issues and risk in disparate programs
- The practical structure of a combined risk and issue management strategy
- How to gain buy-in for change through a new definition of risk management
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