In this lesson, immerse yourself in the strategic nuances of performance management as Nick Palazzolo, CPA, covers the critical aspect of developing a portfolio view to assess how various risks can impact the performance of different business segments. He delves into the concepts of inherent risk, target residual risk, and actual residual risk, ensuring that you'll be equipped to properly analyze and prioritize risks within an organization. Nick makes the session engaging by comparing significant risks versus minor threats in a way that underscores the importance of appropriate risk prioritization. With a focus on identifying risks and implementing the right responses, this lesson is essential for understanding the complex landscape of risk management and its influence on overall business performance.
This video and the rest on this topic are available with any paid plan.
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