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Future of Risk Management: It's Everyone's Job!OBLONG Webinar Wednesday, Jan. 30, 2013 10 11 a.m.×119 per member connectionProgram Highlights The program highlights include: What is ERM, and why
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First, gather all the relevant information and data about the current risks and potential future risks.
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Identify the stakeholders and decision-makers who will be involved in the process.
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Conduct a comprehensive analysis of the existing risks and their potential impacts on the organization.
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Define the goals and objectives of the future of risk assessment.
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Develop a risk assessment framework or methodology that suits your organization's needs.
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Assign responsibilities to different team members and establish a timeline for completing the process.
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Collect and evaluate the data using the chosen risk assessment approach.
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Analyze the identified risks and prioritize them based on their likelihood and potential impact.
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Develop strategies and action plans to mitigate or manage the identified risks.
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Implement the risk mitigation measures and regularly monitor and review their effectiveness.
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Periodically update and revise the future of risk assessment based on new information or changing circumstances.

Who needs future of risk?

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Organizations of all sizes and industries can benefit from future of risk assessment.
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Risk managers and executives responsible for strategic decision-making would find it particularly valuable.
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Businesses operating in uncertain or rapidly changing environments can use future of risk assessment to anticipate and prepare for potential threats.
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Government agencies and regulatory bodies can use it to identify and address systemic risks in the economy or society.
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Investors and financial institutions can utilize the insights from future of risk assessment to assess the risk profiles of companies or markets.
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Future of risk refers to the potential risks that may impact an organization in the future.
Organizations and individuals who are involved in risk management are required to file future of risk reports.
Future of risk reports can be filled out by providing detailed information about potential risks, mitigation strategies, and contingency plans.
The purpose of future of risk is to help organizations identify and plan for potential risks that may impact their operations in the future.
Information such as potential risks, probability of occurrence, potential impact, mitigation strategies, and contingency plans must be reported on future of risk.
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