Risk Insights – Risk, Response, Reduction – Entity
Resource & Insights
September 24, 2014
Organizations vary in their business strategies. A manufacturer may seek to enhance efficiency through outsourcing production to overseas contract manufacturers. A distributor may focus on becoming a one-stop supplier source for prospective customers. A utility provider may strive to be the low-cost provider in its regional service area. Every business strategy carries risks. Recognizing the value of responding to risks and reducing vulnerabilities at the strategic level provides a foundation for addressing entity-level threats as they emerge.