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Strategic Risk Policy
(As defined by Australian Risk Policy Institute (ARPI®) at www.arpi.org.au – definitions as per the Strategic Risk Policy® Model 2024.) New thinking, new approach and new frame developed by and Intellectual Property of the Australian Risk Policy Institute (ARPI®) to overcome the fact that traditional risk management processes have failed to adjust to today’s transformative and disruptive world. The world is now interconnected and interdependent like never before – a meta-grid of networks where information today resides. Moreover, many risks today have never been seen before and consequences of some are unimaginable. Thus, risk today resides in potentiality or possibility of strategic risks and the response required is to ensure awareness at executive level to initiate action to protect against vulnerabilities before they materialise into actual risks to manage, when the world is proving daily that reaction or hindsight is usually too little or too late. Strategic Risk Policy® promotes leadership paradigm change from organisation-centric thinking to network-centric thinking, in order to identify and protect against vulnerabilities, through informed and pre-emptive decision-making.
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