This document provides an overview of business risk management. It outlines a framework for risk management that involves minimizing, monitoring, and controlling unfavorable events while maximizing opportunities. It then lists and describes various types of internal and external risks a business may face. Finally, it provides templates for assessing risks, determining risk tolerance levels, and creating a risk assessment plan.
2. Risk Management- Introduction
2
Resources
Identification of
Risks
Assessment of
Risks
Prioritization of
Risks
Minimize Monitor Control
Probability and/or
Impact Of Unfortunate
Events
Realization of
Opportunities
Maximize
This is a framework
showing the outcome of
risk management for a
firm which involves
minimizing, monitoring &
controlling unfavorable
events and maximizing
the opportunities
3. Types of Risks (1/2)
3
Governance
Strategic Planning
Ethics & Values
Stakeholder Relations
Demand
Regulatory
Economical
Socio- Political
Environment
Access to Services
Processes
Business Interruption
Emergency Response
People
Financial
Technology
Infrastructure
External Risks
Internal Risks
Strategic Operational Enablers
Listed below are
various types of
internal and external
risks. You can add/
delete the risk types
as per your
requirements
4. Types of Risks (2/2)
4
Operational
FinancialHazard
Strategic
• Demand Shortfall
• Customer retention
• Integration problems
• Pricing pressure
• Regulation
• R & D
• Industry or sector downturn
• JV or partner losses
• Debt and interest rates
• Poor Financial management
• Asset losses
• Goodwill and amortization
• Accounting problems
• Macroeconomic
• Political Issues
• Legal Issues
• Terrorism
• Natural disasters
• Cost Overrun
• Operational Controls
• Poor Capacity management
• Supply Chain Issues
• Employee Issues incl.fraud
• Bribery and Corruption
• Regulation
• Commodity prices
Below are four broad
categories of risk and
the various factors
associated with the
same. You can modify
them as per your
needs
5. Risk Categories
5
Quality
Quality system
Sigma Levels
Text Here
Text Here
Project
Management
Team work
Product cost
Text Here
Text Here
All Other
Consumer service
Environment
Text Here
Text Here
Manufacturing
Assembly
Tools
Text Here
Text Here
System/ Software
Data Accuracy
Security
Text Here
Text Here
Product Design
Product
Performance
Design
Text Here
Text Here
We have mentioned
the six broad
categories of risk and
few factors associated
with them. You can
alter them as per your
requirements
6. Risk level
Profitable Growth
Low Price
Develop New product
Leverage Technology
Risk Score by Risk Category
3
2
2
1
3
4
3
4
1
2
3
5
4
3
3
5
2
2
5
3
5
4
3
3
Identify The Risk Categories
6
Risk Category Financial Financial Operational Operational Strategic Strategic
Risk Sub Category Funding Capacity Capacity Availability
Customer
Retention
Demand Shortfall
Likelihood 2 3 3 4 5 5
Once you have listed
down the risk
categories. Identify the
level of risk associated
with each one of them
7. 7
Within Risk
Appetite
Exceeding Risk
Appetite
Stakeholders
Risk Appetite Likelihood
Impact
LowMediumHigh
Low Medium High
Forming Risk Appetite
• This slide is 100% editable. Adapt it to your needs
and capture your audience's attention.
• This slide is 100% editable. Adapt it to your needs
and capture your audience's attention.
Obtain an estimate of the
risk appetite of the
shareholders with the
help of the below bar
graph. This will help in
assessing the acceptable
risk level
8. Risk Tolerance (1/2)
8
Cost
Insignificant
increase
<10% cost increase
10- 20% cost
increase
10- 20% cost
increase
10- 20% cost
increase
Schedule
Insignificant fall
in schedule
<7% schedule
slippage
7-10% schedule
slippage
7-10% schedule
slippage
7-10% schedule
slippage
Scope
Insignificant
scope decrease
Minor areas of
scope affected
Major areas of
scope affected
Major areas of
scope affected
Major areas of
scope affected
Quality
Barely noticeable
degradation
Only demanding
applications are
affected
Reduction requires
approval
Reduction requires
approval
Reduction requires
approval
0.7 0.2 0.1 0.9 0.5
Very Low Very HighLow Moderate High
Cardinal Scale
(example)
Ordinal Scale
(Example)
Estimate the Risk
tolerance level of the
stakeholders on the basis
of the below mentioned
criteria. You can modify
these as per your
requirements
9. 9
Risk Tolerance
(2/2)
Likelihood
Impact
Loss of key
Managers
IT Problems
Loss of key
Partnerships
Supplier Default
Business
continuity problems
Product or
Service Quality
Poor
Project Management
• This slide is 100% editable. Adapt it to your needs
and capture your audience's attention.
• This slide is 100% editable. Adapt it to your needs
and capture your audience's attention.
Below is a heat map
showing the risk tolerance
limit of the stakeholders,
where the redline shows
the boundary between
risks that are acceptable
& those that are not
10. Risk Assessment Plan
10
Activity
Steps
Potential
Hazards/ Risks
Risk
Rating
Risk Control
Measures
Risk
Rating
Person
Responsible
Time
Frame
List the steps required to
perform the activity in the
sequence they are
carried out
Against each activity step
list the hazards that could
cause emission of
refrigerant & describe the
risk these
hazards pose
• Rare
• Unlikely
• Likely
• Almost Certain
Describe the identified Risk
control measures
• Rare
• Unlikely
• Likely
• Almost Certain
Document the name of the
person responsible for
implementing risk controls
Document when step 3 was
conducted & when step 6 is
planned
Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here
Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here
Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here
Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here
Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here Your Text Here
Business Name:
ABN:
14. 14
0%
10%
20%
30%
40%
50%
60%
2015 2016 2017 2018
Column Chart
Product 1
This graph/chart is linked to excel, and
changes automatically based on data. Just left
click on it and select “Edit Data”.
Product 2
This graph/chart is linked to excel, and
changes automatically based on data. Just left
click on it and select “Edit Data”.
15. 15
0
10
20
30
40
50
60
70
80
90
100
Jan Feb Mar Apr May Jun Jul
Area Chart
Product 1
This graph/chart is linked to excel, and
changes automatically based on data. Just left
click on it and select “Edit Data”.
Product 2
This graph/chart is linked to excel, and
changes automatically based on data. Just left
click on it and select “Edit Data”.
16. Venn
16
01
This slide is 100% editable. Adapt it
to your needs and capture your
audience's attention.
This slide is 100% editable. Adapt it
to your needs and capture your
audience's attention.
This slide is 100% editable. Adapt it
to your needs and capture your
audience's attention.
02
03
17. Financial
17
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
$341
Medium
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
$231
Maximum
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
$529
Minimum
20. 20
This slide is 100% editable. Adapt it to your
needs and capture your audience's attention.
Target 01
This slide is 100% editable. Adapt it to your
needs and capture your audience's attention.
Target 02
This slide is 100% editable. Adapt it to your
needs and capture your audience's attention.
Target 03
Our Goal
21. Magnifying Glass
21
Text Here
This slide is 100% editable. Adapt it to your need and
capture your audience’s attention
Text Here
This slide is 100% editable. Adapt it to your need and
capture your audience’s attention
Text Here
This slide is 100% editable. Adapt it to your need and
capture your audience’s attention
22. Puzzle
22
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
23. Our Team
23
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
Rehana George
Manager
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
John Smith
Marketing
This slide is 100% editable. Adapt
it to your needs and capture your
audience's attention.
Alie Walker
Engineer
24. 24
Thank you
Address
# street number, city, state
Contact Numbers
0123456789
Email Address
emailaddress123@gmail.com