Impact of risk on organisation

Description

A-Levels 1. Introduction to Risk Management Mind Map on Impact of risk on organisation, created by helen_woolford on 06/05/2013.
helen_woolford
Mind Map by helen_woolford, updated more than 1 year ago
helen_woolford
Created by helen_woolford almost 11 years ago
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Resource summary

Impact of risk on organisation
  1. Level of Risk
    1. 3 areas of improvement
      1. Operations
        1. Processes
          1. Strategy
      2. Current residual level
        1. Risk appetite/risk criteria
        2. Impact of Hazard risk
          1. Disruptive operations
            1. increased cost
              1. poor publicity
          2. Attachment of risks
            1. Corporate objectives
              1. core processes
                1. operations
                  1. Projects
                    1. corporate strategy
                2. Objective Driven approach
                  1. Dependencies driven approach
                  2. Risk and Reward
                    1. Level of risk
                      1. anticipated size of reward
                        1. Heat map
                      2. Positive outcome
                        1. Hazard risks?
                          1. Control risks?
                            1. Opportunity risks?
                          2. Risk & Uncertainity
                            1. Control risks
                              1. delivery desired outcome
                                1. Certain deviation from plan tolerated
                            2. Attitudes to risk
                              1. Risk adverse
                                1. Risk agressive
                                2. Not outside context
                                  1. strategic decision
                                    1. Maturity cycle
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