#mitigation

Develop a comprehensive risk management framework. Process: 1. Risk identification (brainstorm all potential risks). 2. Risk assessment (probability × impact matrix). 3. Risk prioritization (high/medium/low). 4. Mitigation strategies (avoid, reduce, transfer, accept). 5. Contingency plans for top risks. 6. Risk owners and monitoring cadence. Categories to cover: market, financial, operational, technical, regulatory, reputational. Create risk register with status tracking. Update quarterly in leadership reviews.