Weekly Whiteboard
Risk Immune System
How well-positioned are your teams to react to risk? We believe that every organization has a “Risk Immune System” that determines how they interact with the unknown. Just as our human bodies work to detect and assess threats, respond efficiently, and learn from the process, our organizations have an innate ability to confront the hazards that surround us.
Weekly Whiteboard
Detect, Assess, Respond, and Learn
We must Detect the threats in our environment, Assess the threat based on our vulnerabilities, Respond to the risk at hand, and Learn from the process.
Weekly Whiteboard
Diversity and Risk
Diversity is critical for organizations responding to risk. While demographic diversity is critical, it is insufficient by itself. Diversity of thought and capability is crucial to be successful against today’s threats. Anna Butrico, co-author of Risk: A User’s Guide, breaks down the concept, stressing how important diversity is to weather the unknown.
Weekly Whiteboard
Probability & Consequences
We generally understand risk in terms of probability and consequence, the likelihood of something happening as well as the consequences if it does. Your organization can benefit from plotting the probability and consequences of any risk onto an axis to compare where you align and where you don't. In both cases of high or low-probability events, your teams should work to align so that they're all thinking of and reacting to risk in shared ways.
Weekly Whiteboard
Risk Immune System
How well-positioned are your teams to react to risk? We believe that every organization has a “Risk Immune System” that determines how they interact with the unknown. Just as our human bodies work to detect and assess threats, respond efficiently, and learn from the process, our organizations have an innate ability to confront the hazards that surround us.
