Reduce Risk Critical Capabilities

Look inside the Kanban:

Ensure you modify and improve algorithm performance across market regimes, by introducing new features, data sources, and modeling approaches; rapidly identify opportunities for your (internal) clients to increase earnings potential and reduce downside risk by backtesting various risk management strategies; co-build bespoke tools with (internal) client data science teams that tailor machine-learning algorithms to attain an optimal balance of earnings and volatility given (internal) clients risk appetite and capital constraints; and/or collaborate with and train cross-functional (internal) client teams to instill long-lasting capabilities and ensure new decision-making models are embraced by organizations.  

Benefits of the Reduce Risk Kanban 

1668 Ready to use prioritized Reduce Risk requirements:

• Is the existing disaster management information system suitable for analyzing risks and planning efforts to reduce the risk and/or mitigate the impact of disasters? 
• Does your organization have the necessary management functions in place to reduce the risk of technology obsolescence? 
• What unilateral decision-making authority, if any, does the risk manager have to reduce risk at the strategy and portfolio levels? 
• Have measures to reduce the likelihood, duration or impact of a disruption for identified risks been considered and implemented, and are in accordance with your organizations risk appetite? 
• How does the risk management system reduce the likelihood of risk events or impact on the implementation of options? 
• Are supply chain risks identified during the implementation of prevention and preparedness measures and were measures taken to reduce the risk of supply shortages? 
• Is the risk manager authorized to exit trades, or does one have unilateral authority to reduce risk if predefined guidelines are violated? 
• What are some things your organization already does well to support its staff and help reduce the risk of vicarious trauma? 
• When items are added to the strategic risk register what measures are put in place to reduce the risks and ensure the risk is appropriately managed? 
• Do large audit organizations respond to correlated client business risks across the portfolio by differentially assigning personnel across engagements, to reduce the risk of correlated judgment errors?   

Summary

The Art of Service has identified and prioritized 1668 Reduce Risk critical capabilities and use cases to assess and use. Leaders can select those results that best align with their business needs before implementing a solution.

The Art of Service's Critical Capabilities evaluates and prioritizes hundreds of results to help with the outcome selection process.

This Critical Capabilities Kanban will enable leaders to shortlist hundreds of relevant results fast because they are uniquely ready-to-use prioritized, starting with the 'Must Have' category; the most urgent and critical priorities.

This Kanban will help you plan and manage your Reduce Risk roadmap.

• Transform the data into actionable views for your organization: business data changes, so how you view it should be flexible. Create the perfect view that's right for you.
• Put your workflows on autopilot: Help your team go faster and focus on what matters by automating your processes. Upload and use Kanban with your favorite apps and services like Asana, Airtable, Basecamp, Monday.com, Atlassian, Trello, etc.
• Knockdown data silos: Align your teams around a single source of truth with real-time data from different sources. Point. Click. Stay in Sync.
• Use its flexible reporting for your unique use case: Whether you're "no-code" or you "know-code", the Kanban is the foundational tool to show what you want to who needs to see it.  

Included in your instant download purchase are the following digital products:

As seen in the Kanban above, the complete 1668 Reduce Risk critical capabilities and use cases, their prioritization, workflows, tagging, and questions. 

The download is available as an easy-to-re-use Excel format, which you can use as is, or import into any management tool of your choice, like Monday.com, Atlassian, Smartsheet, Power BI, Asana, Airtable, etc. 

Also included is the Reduce Risk critical capabilities Book in PDF format covering all the criteria including ideas for (potential) roles to assign the requirements to.

 Table of contents:

About The Art of Service 

Reduce Risk Critical Capabilities, Meaningful Metrics, And Their Prioritization 

Background 

Prioritization Of Requirements 

The Prioritization Categories Are: 

• Must Have 
• Should Have 
• Ought to Have 
• Might Have 
• Could Have 

Use In New Product/Service/Process Development  

Benefits 

The Critical Reduce Risk Capabilities And Their Priorities: 

• Priority - Must Have # 
• Priority - Should Have #
• Priority - Ought to Have # 
• Priority - Might Have # 
• Priority - Could Have #