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RISK-STRATEGY4 MIN READ

Quick Reference: Risk Strategy Triage Deck

Recall which risk-strategy framework to use for pressure, fit, priority, and response.

Which framework answers: what outside pressure can change profit, adoption, or control? Porter five forces. Use it for buyer power, supplier power, rivalry, entrants, and substitutes before you score risk. Which framework answers: how do our strengths and weaknesses fit the outside pressure? SWOT analysis. Use it to pair external threats or opportunities with internal capabilities and gaps. Which framework answers: which exposure deserves action first? Risk matrix. Use likelihood and impact to compare risks after the scenario is defined. What is the common trap when using a risk matrix? Scoring labels before defining the scenario and evidence threshold. A…

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