GV.OV-01.058

Has your organization established metrics to evaluate the effectiveness of risk management decisions in achieving business objectives?

Explanation

This question assesses whether you measure how risk management activities translate into business value and improved decision-making. Effective organizations track how risk-based decisions have impacted key performance indicators, prevented incidents, or enabled business growth while maintaining acceptable risk levels. Evidence could include risk management dashboards showing trends over time, reports comparing risk levels before and after mitigation actions, documented case studies of risk-informed decisions that positively impacted business outcomes, or executive meeting minutes discussing risk management effectiveness metrics.

Implementation Example

Measure how well the risk management strategy and risk results have helped leaders make decisions and achieve organizational objectives

ID: GV.OV-01.058

Context

Function: GV: GOVERN
Category: GV.OV: Oversight
Sub-Category: Cybersecurity risk management strategy outcomes are reviewed to inform and adjust strategy and direction

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