Risk Intelligent Strategy and Decision-Making
In 2001, Rick Funston created the concept of risk intelligence. Risk intelligence is fundamentally about understanding the risks of both action and inaction. A diet of pure risk aversion is a recipe for disaster just as surely as is “swinging for the fences” at every opportunity. Understanding the risks that should be taken and managed for value creation is just as important as understanding and managing the risks that may cause value destruction. Enterprise risk management needs to be both enterprise-wide and enterprise-deep so that it becomes risk-intelligent enterprise management.
We offer a number of risk intelligent strategic solutions:
Strategic business model analysis
Signal detection and pattern recognition
Advanced analytics
Strategic options / decision support
Developing “Decision Discipline”
Strategic benchmarking and leading practices
Capability maturity assessment
Director and executive education
We also offer a comprehensive set of strategic and tactical solutions to help evaluate your system’s current risk intelligence capabilities, compare them with leading practices, and identify practical opportunities for improvement with plans for priority improvements. These include:
Enterprise Risk Management (ERM) / Risk Intelligent Management
Risk intelligence capability assessment and development
Risk oversight
Strategic, operations, reporting, compliance
Risk management infrastructure
Risk identification, assessment, management, monitoring
Risk benchmarking and leading practices
Board and executive education
