Planning Your Process – starting on the same page
We’ll get started with an overview of the process that your task force will use throughout your risk assessment process to help you identify, assess and address your organization’s risks.
First you need a team to go through the process with you. We will discuss who should be on your team and how you should keep your fellow leaders informed.
Your task force will explore and agree on the criteria you will use to evaluate the severity of your risks based on likelihood and potential impact. This will get your leaders on the same page with a shared understanding of what a severe risk looks like in your organization.
Once you have defined your criteria for evaluating risks, your task force will be ready to move forward and “see it”, “size it up” and “avoid it, tame it or at least watch out for it”.