Advanced Risk Analysis for High-Performing Organizations
Abstract:
CONCLUSIONS Many types of risk prevalent in todays operational environments e.g., event risks, inherited risk are not readily identified using traditional risk analysis techniques. High-performing organizations have the basic skills needed to identify and manage these new types of risk, but lack sufficient techniques. Average or poor performers will not have the skills needed to identify and manage new types of risk and probably have bigger, more obvious risks to deal with. MAAP is one technique that high performers can use to identify and mitigate the risks arising from operational complexity.
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Collection: TR