Organizational Risk Assessment

The systems of the organization are the ways the organization conducts its business activities to execute its mission, vision, strategy, and operational tactics. The messages that the organization communicates about risk affects everyone’s perception and behavior toward risk.

Risk is defined as: “the possibility of loss or injury.” Risk-taking means taking action when the outcome is not known or easily predictable and there is a chance of loss or negative consequences. Risk also implies the opportunity for a more positive outcome than could be achieved otherwise.

Please rate your organization on the degree to which it discourages or promotes risk-taking to achieve organizational goals.

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* 1. To what degree do the organization’s mission, vision, and strategy promote or discourage risk-taking?

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* 2. To what degree do the governance and operational tactics of your organization promote or discourage risk-taking? This includes leadership structure, organizational structure, and how decisions are made.

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* 3. To what degree do the boundaries of your organization promote or discourage risk-taking? This includes boundaries between operating units and the degree of cross-organizational and cross-functional collaboration.

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* 4. To what degree do people in the organization understand the process for getting ideas considered and the ease with which anyone can have their idea considered?

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* 5. To what degree do the product or service development processes of your organization promote or discourage risk-taking? This includes the speed and ease with which a concept is developed and released into the market and the degree to which customer input is sought early and often to learn and modify the concept.

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* 6. To what degree do the reward and recognition policies and practices of your organization promote or discourage risk-taking? This includes what is recognized and rewarded, when it occurs, and what is communicated about well-executed projects that don’t work out.

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* 7. To what degree do the support and resource policies and practices of your organization promote or discourage risk-taking? This includes mechanisms for getting support and resources for risky, innovative ideas and getting sponsorship and management support for those ideas.

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* 8. In relation to its environment (customers, regulators, competitors, etc.), how do you think your organization actively models risk-taking?

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* 9. How would you rate your organization’s risk-taking climate in relation to its strategic business goals?

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* 10. General Comment/Feedback:

This survey is part of Intelligent–Risk Taking™, A copyrighted program of Barnes & Conti Associates, Inc. ©2015, 2018 All rights reserved.

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