Best Practice Report

Widen Your Risk Taxonomy To Remove Blind Spots

February 8th, 2019
With contributors:
Christopher McClean , Trevor Lyness , Peggy Dostie

Summary

The way enterprises categorize risk has important implications for how they assess, measure, and treat it. Antiquated categories of risk — such as legal, operational, financial, and strategic — may leave an organization blind to some of the biggest sources of potential loss because they don’t happen to fall neatly into these groupings. This report explores the breadth of risk events that have caused the biggest recent corporate losses, introducing a new taxonomy to help risk managers make sure they don’t have any such blind spots.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.