f(risk): the unique, scientifically based but simple way to identify the risk inherent in forecasts and plans to help you manage risk, communicate better with stakeholders and make better decsions.
f(risk) a set of tools and a methodology to:
- Estimate underlying business risk
- Calculating the impact of external events and planned actions on the risk profile
BENEFITS
Assess Credibility Of Plans
- Are targets plausible?
- Are targets realistic?
- What are the sources of optimism/pessimism?
- What is the scale if the upside/downside potential?
Manage Risks Better
- Identify risks/opportunities
- Build plans with a better risk profile
- Build contingency plans to exploit opportunities/mitigate risks
- Monitor key risk/opportunity areas
Reduce Effort
- Identify gaming behavior
- Focus on key drivers of risk/opportunity
- Eliminate wasteful finessing of 'single point' forecasts
