Risk Approval:
Delayed Network Routing Gear Upgrade
Instructions: Select a value in matrix (X) & edit blue wording.
Date:
Who's Signing Off?
Executive Risk Committee
What's at stake?
We are delaying the upgrade of end-of-life network routing gear by 12 months due to a 20% drop in company revenue.
When is the Next Check-In?
Reassess in 12 months or sooner if performance degrades.
Where could it hurt?
Network outages impacting critical business systems, customer-facing services, and internal communications.
Why are we doing this?
We are accepting this risk to preserve cash flow and maintain profitability during a period of reduced revenue. The deferral enables the company to prioritize financial stability.
RISK APPETITE MATRIX
BENEFITS
Transformative> $10M
Strategic$1M - $10M
Significant$100K - $1M
Helpful$25K - $100K
Marginal< $25K
Negligible
<$25K
<$25K
Minor
$25k-100k
$25k-100k
Major
$100k-1M
$100k-1M
Critical
$1M-10M
$1M-10M
Catastrophic
>$10M
>$10M
RISK & EXPOSURE
| Level | Tolerance | Appetite |
|---|---|---|
| 5 | Extreme | Do not accept |
| 4 | High | Immediate Mitigation of Risk |
| 3 | Medium | Mitigation Strategy Required |
| 2 | Low | Operation Permitted |
| 1 | Minimal | Operation Permitted |
| 0 | None | Operation Permitted |
ASSESSED LEVEL: Select a cell...
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