Driving Value from Risk Management to Influence Business Strategy
BCI Partner Fusion Risk Management presents a white paper on how to drive value from Risk Management to influence business strategy.
Business strategy and risk management occupy two separate spaces in most organizations. Business strategy exists at an enterprise or executive level, and on the other hand, risk management often functions at a tactical and operational level.
It is critical for risk management professionals to become familiar with enterprise business objectives and strategy. By identifying parts of their Operational Risk Management programs that directly relate to investment and opportunity across the enterprise, risk management practitioners can take risk data at an operational level and correlate that information with objectives and outcomes tied to business strategies.
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