Step 1 - Risk Definitions




Articulate the goals, span and critical assumptions about the organization and define its sensitivity to loss.
  • Identifies potential strategic losses requiring top leadership’s attention.
  • Standardizes the measurement of potential losses, enabling rational and consistent loss prevention decisions.
  • Enables all members of the team and top leadership to discuss sensitive matters objectively and constructively.

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How we developed our risk management process

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Last modified: January 08, 2001