In today's unpredictable business environment, the emphasis on risk identification and management is more crucial than ever. Businesses striving to utilise their resources efficiently and enhance productivity must prioritise understanding and mitigating organisational risks. Our newly updated Risk Heat Map Tool serves as a comprehensive guide to aid in these efforts.
A heat map is a visual tool that helps in quickly identifying high-priority risks. Our guide starts with the basics, making it accessible for beginners while offering advanced insights for seasoned professionals. This updated tool also provides a step-by-step approach to creating and utilising risk heat maps. With sample grids, relevant questions, and practical tips, it simplifies the process of risk visualisation and prioritisation.
This risk heat map is the first in a series of new and updated resources to assist your organisation in risk management. Another interactive tool to determine a ranking for you, your department, and/or organisation in an ERM program can be found here.