Risk management: The value of a Risk Register to prioritize business focus.
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| Title: | Risk management: The value of a Risk Register to prioritize business focus. |
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| Authors: | Moon, M. Scott (AUTHOR) smoon@emateconsulting.com, Tyndall, Gene (AUTHOR) gtyndall@emateconsulting.com |
| Source: | Supply Chain Management Review. Sep/Oct2025, Vol. 29 Issue 5, p12-17. 6p. 4 Diagrams. |
| Subjects: | Risk management in business, Organizational resilience, Risk managers, Supply chain disruptions, Business planning, Risk assessment, Resource allocation |
| Abstract: | The article focuses on the challenges businesses face in managing supply chain risks, highlighting a survey that reveals only 8% of companies feel fully in control of these risks. It emphasizes the need for a comprehensive approach to risk management, utilizing a Risk Register that includes both strategic and tactical components to prioritize and address critical issues. The article discusses the importance of aligning organizational resources and maintaining a proactive stance in response to global trade dynamics and emerging risks, particularly in light of increasing geopolitical instability. It advocates for a culture of resilience and responsiveness to ensure businesses can effectively navigate the complexities of today's market. [Extracted from the article] |
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| Database: | Engineering Source |
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| Abstract: | The article focuses on the challenges businesses face in managing supply chain risks, highlighting a survey that reveals only 8% of companies feel fully in control of these risks. It emphasizes the need for a comprehensive approach to risk management, utilizing a Risk Register that includes both strategic and tactical components to prioritize and address critical issues. The article discusses the importance of aligning organizational resources and maintaining a proactive stance in response to global trade dynamics and emerging risks, particularly in light of increasing geopolitical instability. It advocates for a culture of resilience and responsiveness to ensure businesses can effectively navigate the complexities of today's market. [Extracted from the article] |
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| ISSN: | 15219747 |
