Enterprise Risk Department System
Teams managing the company’s risk register: identifying, assessing, treating, and periodically reviewing risks.
A living risk register: every risk scored for likelihood and impact, its treatment owned and dated, with a periodic report to management.
No credit card required — your project is set up with the full system in under a minute
This is the system board as you'll receive it: workflow columns and starter cards showing the first steps
How does work flow in this system?
Every potential risk to the company — financial, operational, reputational, or regulatory — enters as a card in “Identification”, where its spotter describes the expected scenario, its causes, and the departments affected. The risk moves to “Assessment”, where its likelihood and impact are scored on a unified matrix and its rating computed — so risks are ranked by severity, not by the loudness of whoever raised them. High risks move to “Treatment”, where a risk owner is assigned to build the treatment plan: mitigate, transfer, justified acceptance, or avoidance — with tasks and dates on the card. After execution the card rests in periodic “Review”, which re-scores the risk as circumstances change; the register’s summary goes up in “Report” to senior management every quarter; and long-term treatments stay in “Monitoring” until the rating is proven reduced.
The Forum is the documented risk council: likelihood and impact estimates are debated there when views differ, rather than imposed by one person; major treatment plans — those touching more than one department — are coordinated in the risk’s topic; and risk-acceptance decisions are documented with their justifications, because they are leadership decisions that must remain accountable. Chat is not the place for risks: a quick alert about an emerging risk is immediately converted into a card in “Identification”.
The risk officer owns the register and calls the periodic reviews of “Review” cards; department managers own their departments’ risks and their treatment plans. The board answers management at any time: what are our top ten risks right now, who is treating them, and until when — and the quarterly “Report” is built directly from the board, not prepared separately.
Who does what?
The operational roles in this system and each role's responsibility in daily work — assign them to your team as-is or adapt them to your reality.
Risk Officer
Owns the entire register: runs the unified assessment matrix, calls periodic reviews, and prepares the quarterly “Report” for management from the board.
Department Managers
Identify their departments’ risks and own treatment plans in “Treatment” with tasks and dates, attending Forum discussions of their risks.
Senior Management
Approves high-risk acceptance decisions documented in the Forum, reviews the quarterly report, and steers priorities.
Department Risk Coordinators
Raise emerging risks as cards in “Identification” the moment they are spotted and follow daily treatment tasks.
What's prepared for you from day one?
System units
- Tasks — A kanban board with workflow columns and execution cards
- Forum — Documented discussions in organized sections — decisions and knowledge that never get lost
Forum sections (4)
- Likelihood & Impact EstimatesDocumented debate of contested risk estimates on the unified matrix — settling the scoring before it is adopted.
- Major Treatment PlansCoordinating treatments that touch more than one department: distributing tasks, dependencies, and dates.
- Risk Acceptance DecisionsDocumenting every decision to accept a high risk with its leadership justification — a permanent accountability record.
- Emerging RisksEarly spotting of risks not yet in the register — converted into “Identification” cards after discussion.
«Working Rules for This System» — Pinned in the forum
1) Every risk spotted is logged as a card in “Identification” within one business day — a verbal risk is an unmanaged risk. 2) Assessment happens on the unified matrix only, and scoring disputes are settled in the Forum, not in hallways. 3) Every high risk has a named owner and a treatment plan with dates — an ownerless risk is escalated to management immediately. 4) High-risk acceptance decisions are documented in their Forum section with justifications and reviewed every quarter. 5) Periodic review is mandatory: a risk not reviewed on time counts as unwatched and appears as such in the report.
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