Enterprise Risk Mitigation

Explore what makes a Enterprise Risk Mitigation so important to your organisation, and how Fixinc runs one.

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We've supported organisations like yours with Enterprise Risk Mitigation.
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the what

What is Enterprise Risk Mitigation?

Risk mitigation refers to the process of taking actions or implementing measures to reduce the likelihood or impact of identified risks. It involves developing and implementing strategies and controls to minimize the negative consequences associated with risks and increase the organization's ability to manage them effectively.
resilience ecosystem

How Enterprise Risk Mitigation fits into the Tungsten Diamond.

This step may involve implementing preventive measures, establishing control mechanisms, enhancing security protocols, or improving processes and procedures. Fixinc will consider the following options:

  • Avoidance
  • Reduction
  • Transfer 
  • Acceptance
  • Contingency

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