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Capability Directory

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Identifying and mitigating risks to the company’s strategic goals

Identifying and mitigating risks to the company’s strategic goals


Related Terms:

Identifying and mitigating risks to the company’s strategic goals is the process of identifying potential risks and developing strategies to mitigate those risks. This capability involves conducting risk assessments, identifying potential risks to the company’s strategic goals, and developing risk management strategies to minimize the impact of those risks.

Beginner competence definition

At the beginner level, individuals are able to understand the importance of identifying and mitigating risks to the company’s strategic goals. They can identify common types of risks, including operational, financial, legal, and reputational risks. They should also be able to assist in the development of a risk management plan.

Intermediate competence definition

Intermediate individuals have experience in conducting risk assessments and developing risk management strategies. They are able to identify potential risks to the company’s strategic goals, assess the likelihood and impact of those risks, and develop risk mitigation strategies. They can also develop contingency plans to manage potential risks.

Advanced competence definition

At the advanced level, individuals are experts in identifying and mitigating risks to the company’s strategic goals. They have experience in conducting complex risk assessments, developing innovative risk mitigation strategies, and leading cross-functional teams to implement those strategies. They are also able to monitor and manage risk exposure over time and continuously update the risk management plan to ensure its effectiveness.

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Developing and managing the company’s competitive positioning

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Developing and managing the company’s brand and reputation

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