Major risks map [Infographic]
Risk management is based on anticipating potential risks, combined with accurate and up-to-date knowledge of the company’s environment and weak points.
- It focuses on both the long term (detection of new risks, intelligence, creation of emergency procedures and scenarios etc), and the short term (crisis management). The company’s aim is to reduce the effect of risks and/or increase the company’s ability to react by maximizing its intrinsic stability and responsiveness. Risk management involves continuous improvement through initiatives focused on organization, practices, infrastructures, crisis management procedures etc.
- In risk management it is vital to know the risks in order to protect yourself against them; this implies a regular update of the company’s risk map. Digimind capitalizes on known risks and, by continuously tracking developments, is able to recognize relatively weak signals and detect emerging risks (see the Red Book: Risk Management).
- Digimind Competitive Intelligence Services presents a map of the typologies of major risks. This typology is an extract from Digmind’s risk thesaurus, used by consultants to source intelligence projects and analyze large volumes of information on the internet.
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