Strategic risk management is the process of identifying, assessing, and managing the risk in the organization's strategy that includes taking action when risks exceed the organization's tolerance. The first step to strategic risk management is identifying risks within the organization that have potential to impact the execution of the strategy. Performing a risk assessment against the strategic risks allows organization's to understand the level of impact to the organization and how prepared they are in the event the risk were to occur. Understanding the level of preparedness and prioritizing allows organizations to implement remediation plans to minimize the risks.
The RSA Archer Strategic Risk Management app-pack enables organizations to document strategic risks and relate them to the impacted strategies. The offering also captures the results of the risk assessment in order to help organizations understand the level of preparedness and prioritize execution of the remediation plans. With the RSA Archer Strategic Risk Management app-pack organizations can monitor their strategic risks and execute remediation plans to avoid impacts to the organization's strategy.
Identifying strategic risks within the organization
Relate strategic risks to organizational strategies
Conduct a Strategic Risk Assessment to determine risks, impacts, and level of preparedness
Implement Action Plans to remediate strategic risks outside of the organization’s tolerance levels
Monitor strategic risks to identify opportunities to mitigate risks
Consistent and repeatable process for identifying and mitigating strategic risks
Understand the level of preparedness against risks that impact strategies
Minimize strategic risk for successful strategy execution
This offering requires the RSA Archer Issues Management use case.
Supported Platform Version
RSA Archer Strategic Risk Management was developed for and validated on RSA Archer Platform release 6.5 P2.
RSA Archer On-Demand Application (ODA) Licenses
One (1) RSA Archer On-Demand Application (ODA) license and one (1) questionnaire is required for RSA Archer Strategic Risk Management. Questionnaires require a licensed use case that enables questionnaire functionality.
For More Information
To learn more about RSA Archer Strategic Risk Management:
To learn more about this offering, please contact your Account Rep for additional details. For technical support questions regarding this offering, please open a support case or contact RSA Archer at firstname.lastname@example.org for more information.