Risk Matrix

Screenshot of risk matrix and report

Making the platform more powerful

We’ve just made the Strytex platform even more powerful.  We’ve added a risk matrix so you can prioritise all your assurance certificates by risk!

It’s as easy as 1, 2, 3

  1. Simply colour in your 5×5 risk matrix by defining the risk likelihood and risk consequence for each cell
  2. Then go to your sub-glossary and set the risk likelihood and risk consequence for each document type
  3. Now all your assurance documents are ranked by risk; from very high risk to very low risk

Prioritise your about to expire reports so you get the most important items renewed first

Prioritise your compliance issues by focusing on the high-risk items first.

Nigel Dalton-Brown, GAICD, AMIIA, MBA

Managing Director, Chair, Speaker, Lecturer, Author

Nigel is the Founder of Strytex and has been presenting and writing on Goverence, Obligational Awarenss, Risk Management and Compliance administration (GORC) since 2010.

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