From Risk Assessment to Action: Understanding Your Risk Tolerance and Adapting to Shifting Business Priorities
Risk tolerance varies widely among organizations based on many factors, including the organization's overall business goals, the relative risk sensitivity of organizational leaders, and the nature of its assets, resources, and the operational processes they support. As business priorities can often shift and risks lie largely outside of a company's control, in-house legal teams play a key role in anticipating and mitigating the impact of major risks. Join this panel of experts as we discuss the importance of being proactive vs. reactive when it comes to balancing risk appetite with business decisions. Leave this session with a better understanding of how to identify the impact of different types of risks that may face your business, determine what amount of risk your business is willing to accept, and communicate with relevant decision-makers in your organization in order to best mitigate these risks should they occur.