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Last updated on 2024年8月11日

Your organization is facing emerging risks. How do you make key decision-makers take immediate action?

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Emerging risks are akin to a ticking clock, each tick representing a potential threat to your organization's stability. As these risks evolve, they can blindside even the most vigilant entities, causing significant damage if left unaddressed. The key to mitigating such threats lies in swift and decisive action from your organization's decision-makers. However, getting their immediate attention and convincing them to act can be a daunting task. Understanding the dynamics of risk perception, effective communication strategies, and leveraging the right tools are crucial in this endeavor. Your role is to bridge the gap between emerging risks and the strategic responses that can safeguard your organization's future.

本文章的要点总结

Present clear solutions:

When approaching decision-makers, offer concrete steps to mitigate risks, not just problems. Propose actionable strategies with clear benefits to prompt decisive action.
Prioritize and timeline:

Assess risks realistically, prioritize them, and create a timeline for action. This helps focus resources on immediate threats and clarifies the urgency for decision-makers.

本摘要由 AI 和以下专家提供支持

1 Recognize Risk

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Paul Lobosco

President, Forward Capital Mgmt. LLC; Financial Advisor/Portfolio Mgr.; Volunteer Leader, HealthRevolutionUSA.Org; Host, The Curators Podcast (Views are my own). The #1 Linked In voice supporting the ideas of RFK Jr.
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Be realistic about risks. Don't be governed by fear, which can both exaggerate risks and deny their existence. Prioritize risks in importance and place on a timeline. Where possible, develop and implement solutions. Spend the most time on short-term risks until they are ameliorated. Try not to pour resources into a no-win situation. Some risks are too great to take on and may require an exit plan. Honest self-assessment is crucial. For example in my business, Robo-advisors may perceived as a risk. My solution has been to elevate client relationship and clearly communicate how and when I add value. I am not concerned with Robo advisors as a threat in the near term but in the long run it remains a threat.

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2 Communicate Clearly

Clear communication is essential when presenting emerging risks to decision-makers. Avoid jargon and overly technical language; instead, use simple, direct terms that convey the severity of the situation. Craft your message to resonate with the values and goals of your organization. Explain how the identified risks align with—or threaten—these objectives. By articulating the risks in a relatable manner, you make it easier for decision-makers to grasp the necessity for immediate action.

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Naveen Agarwal, Ph.D.

Risk Management Leader | Problem Solver
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Realize that decision makers don't really need to understand every nuance of your analysis. They need to know why it matters, what can be done about it, and how much time they have to take action. When thinking about communicating emerging risks, first make sure to check your own assumptions and biases. Is it a real issue that is going to have a major impact on business goals, or is it something that bothers you on a personal level. Discuss your analysis and conclusions with a trusted peer or mentor for advice. Once you have clarity, craft a message to clearly communicate, keeping in mind the preferences of your audience. Practice your messaging and delivery before going in. Take a deep breath, relax and just deliver your message!

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SHARMA BDSHARMA

Senior Branch Manager at UNITED INDIA INSURANCE COMPANY LIMITED
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To prompt key decision-makers to take quick action on an emerging risk, clearly define the risk and its potential impact, emphasizing the urgency with specific data. Highlight the consequences of inaction and propose a clear, actionable plan to mitigate the risk, ensuring it aligns with the organization’s strategic goals. Engage key influencers within the organization to build momentum, and provide assurance that the team is prepared to manage the situation effectively, thereby encouraging swift and decisive action.

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3 Leverage Data

Data is a powerful ally in convincing key decision-makers to act swiftly on emerging risks. Presenting solid data that illustrates the potential consequences of inaction can be a game-changer. Use risk assessments, forecasts, and trend analyses to support your case. Visual aids like charts and graphs can also help in making complex data more digestible and impactful. When decision-makers can see the tangible evidence of risks, they are more likely to take them seriously.

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Aniket Verma

CCIL Risk management || IIM - Ranchi MBA'24 || Ex - Vedanta Limited (HZL) || Jadavpur University'19
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Data is your secret weapon for risk advocacy! Present clear risk assessments, forecasts, and data visualizations (charts, graphs) to decision-makers. This evidence makes complex risks understandable and the potential consequences of inaction undeniable, mendorong (Indonesian for "pushing" or "encouraging") them to take swift action.

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4 Offer Solutions

When you approach decision-makers about emerging risks, come armed with potential solutions. Presenting a problem without a plan can lead to inaction. Research and propose actionable strategies that can mitigate the risks at hand. Offer a range of options, from conservative to more aggressive measures, and outline the pros and cons of each. By providing a clear path forward, you empower decision-makers to make informed choices quickly.

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5 Build Consensus

Building consensus among key decision-makers is crucial for prompt action on emerging risks. Engage with stakeholders through meetings or workshops to discuss the risks and potential responses. Listen to their concerns and incorporate their insights into your strategy. A collaborative approach not only garners buy-in but also taps into the collective expertise of the group, leading to more robust risk management decisions.

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6 Monitor Progress

Finally, ensure that there is a system in place to monitor the progress of any actions taken to address emerging risks. Regular updates should be provided to decision-makers, keeping them informed about the effectiveness of their decisions and any adjustments needed. This ongoing feedback loop not only demonstrates accountability but also reinforces the importance of being proactive about risk management in the future.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Your organization is facing emerging risks. How do you make key decision-makers take immediate action?

1

2

3

4

5

6

7

1 Recognize Risk

2 Communicate Clearly

3 Leverage Data

4 Offer Solutions

5 Build Consensus

6 Monitor Progress

7 Here’s what else to consider

Risk Management

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Your organization is facing emerging risks. How do you make key decision-makers take immediate action?

1

2

3

4

5

6

7

1 Recognize Risk

2 Communicate Clearly

3 Leverage Data

4 Offer Solutions

5 Build Consensus

6 Monitor Progress

7 Here’s what else to consider

Risk Management

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感谢您的反馈

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