risks presentation

How to Make Risk Management Presentations Engaging and Actionable Across Your Organization

Life is full of risk. We face risks from the moment we wake up in the morning until we fall asleep at night. Will the alarm fail to sound? Will I get into a car accident on my way to work? Will I catch a virus when I go to dinner? Heck, there’s a risk— no matter how small— that we will die in our sleep during each night.

Risk is simply an inherent element of everything we do, and business is no exception. Will a vital employee quit, or will there be a labor shortage? What will happen in the stock market, and how will it impact the economy? What if there is an accident or a lawsuit involving the company? What happens if a new product fails? What actions will be taken in the event of a security breach or equipment failure?

We might not be able to prevent risk, but we can manage it. Managing business risk requires identifying and understanding risks while seeking ways to reduce risk in a way that also supports other business goals.

Companies heavily invest every year in ways to mitigate and respond to risk. But how do they make sure everyone is on board? 

There might be a variety of ways to communicate a risk management plan to all the relevant players, but a visual presentation can be effective in not only presenting the risk management plan, but also ensuring that it is engaging and actionable across your organization.

What to include when you prepare a risk management plan:

A written risk management plan for business should not only include a listing of possible risks, but it also should feature plans to manage risk and respond to incidents.

• Identify risks

Risk management refers to a variety of business aspects, both internal weaknesses, and external threats. Like much in life, knowing is half the battle, and therefore identifying risks is key in addressing them. 

Risk management should be considered before embarking on any new task or project, and everyone connected to a business should be encouraged to identify additional risks. Not only should the risk itself be considered, but companies also should identify possible consequences to better prepare to address each one.

• Minimize risks

A variety of strategies are available to manage and minimize risks once they are identified. One popular method of mitigating risk involves the 4Ts:

• Transfer risk by assigning a responsible team or party to each identified risk.
• Tolerate risk by monitoring it before taking further action.
• Treat risk by taking actions that reduce the likelihood that it will occur.
• Terminate risk by adopting or amending processes that eliminate it.
• Assign roles

Staff members should be assigned to each potential risk or risk category. These individuals will be responsible for mitigating their assigned risks, as well as reporting and responding to applicable incidents. A list of these roles should be included in the risk management plan.

• Plan recovery

Each risk included in the management plan must be followed by a strategy for preventing and addressing issues. An effective risk management plan will include a compilation of business projects, the risk applicable to each and an operational plan to respond and recover from incidents. Part of that plan also should include updating mitigation efforts following an incident to prevent it from repeating.

• Communicate plan

A risk management plan can’t be effective unless everyone within a company is on board. In addition to presenting the plan to principle players, be sure that it is also published somewhere that the full risk management plan can be accessed and understood by anyone within the company at any time.

• Rinse and repeat

The most effective risk management plans are living documents, continually updated with new or changed risks and new strategies to address them. Each risk outlined in the plan should be periodically reevaluated and new risks identified. The plan also should be monitored along with staff turnover to ensure no tasks fall through the cracks.

Tips to make risk management presentations engaging and actionable across your organization:

Audience engagement is vital to a successful risk management training presentation. After all, if staff and executives are asleep they will hardly become familiar with the plan and their assigned roles.

• Include visual assets

About 90 percent of human thought is visually-based. Therefore, it’s no shocker that including visual assets within a presentation is one of the most effective strategies for engaging all types of audiences . 

Releasing the risk management plan through a visual presentation is a great start, but the content within the slide deck is just as important. After all, the average PowerPoint slide includes 40 words , which is entirely too many. Instead, include more images, videos and animations within a financial risk management presentation or any other risk management training presentations.

• Illustrate data

Data is one of the most convincing sorts of content that can be presented to an audience. As anyone can attest— at least in most cases— numbers don’t lie. In fact, they can tell their own stories. A crowded slide full of stats and figures is a quick way to send your audience off to Dreamland. 

Instead, illustrate your data through infographics. Beautiful.ai offers a host of various infographics through our smart slide templates. Just input your data and watch our artificial intelligence-powered presentation software design the infographic accordingly. Choose from infographics like scattergraphs , process diagrams , pie charts and bar graphs to tell the story of different risks and strategies to address them.

• Tell a story

According to the 2018 State of Attention survey, almost 90 percent of respondents said a strong narrative or story backing a presentation is critical in maintaining audience engagement. Sure, facts and data can persuade audiences and get them on board, but only if people are paying attention. 

Stories have kept audiences engaged since before recorded history. Tell the story of your risk management plan by including real-life examples or by creating a character for hypothetical scenarios. Those unsure how to incorporate a story into the structure of their presentation can look to Beautiful.ai’s various presentation templates for inspiration.

• Include your audience

If you really want to keep your audience engaged with your risk management presentation slides, be sure you talk with people, not at them. Include your audience in your presentation by asking questions, taking surveys or presenting group activities. Of course, the first step is identifying who makes up that audience. You won’t necessarily present the same content to an executive board as to a room full of new hires.

One effective way to engage an audience with a risk management plan presentation from the very start is through a pre-presentation quiz or survey that gauges how much participants already know about risk management, like this example from the U.S. Small Business Association. Not only will the activity engage the audience, but it will alert participants to what they don’t know from the very start. Other engagement tools include Q&A sessions, humor and gamification.

As mentioned, the average PowerPoint slide consists of 40 words… way too many to keep audiences engaged. Remember, your presentation should be based on an outline of your plan, not a verbatim recitation of it. 

Not only are uncluttered slides more effective, but shorter presentations also are more effective than longer ones, based on both audience attention and respect for time. Especially when delivering a risk management board presentation, it’s vital to respect your audience’s time. Beautiful.ai’s library of presentation templates can serve as a guideline to effective presentation lengths for a variety of topics.

Samantha Pratt Lile

Samantha is an independent journalist, editor, blogger and content manager. Examples of her published work can be found at sites including the Huffington Post, Thrive Global, and Buzzfeed.

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11 ways to present top risks to the board

When approaching the challenge of risk reporting, there are a number of key questions risk leaders may want to ask themselves: how do you present top risks to the board, what’s the best way of engaging with them, and what information do they need to know?

These questions have been at the centre of risk reporting discussions held by our network of risk managers, who regularly interact with each other about the challenges they face when trying to communicate with different levels of the business about the risks they face.

To summarise the range of practical insights exchanged by Risk Leadership Network members about their experiences reporting on risks to the board, we have highlighted 11 key pieces of advice below.

1. Most boards like it to the point

Know your board members and be aware of how knowledgeable they are about risk-related matters. Do they have a lot of knowledge or not? Are they especially into risk? This may impact how you report to them.

2. Mitigate the need for detail

Organising pre-meetings with board members who want to receive a more detailed overview of the risks facing the business can help you mitigate the effect of their influence.

The risk report should be a catalyst for an informed discussion on risk, as opposed to a simple box-ticking exercise that just creates administrative burden for board members.

3. Get feedback

Get feedback from the board and CEO on what they are looking for.

Depending on the business and its reporting structure, this may not always be possible, so focus instead on what is most important for the board:

• What risk information will help them execute their current strategy?
• What assurance can you give them about the control environment of key risks?
• Check the information you are presenting against the question that the board will inevitably ask: so what?

4. Focus on KRIs

A risk report focused on high-level aggregated KRIs and appetite can give the board a better view of which risks and opportunities the company should focus on right now.

5. Include emerging risks

Include emerging risks and horizon scanning findings. This can provide an insight into which direction the organisation should be looking at, as well as helping the risk team to apply a strategic lens to the business' key risks and opportunities.

6. Don’t focus on long-term risks

The biggest and most important risks to a company will often be those long-term threats and opportunities that the board are aware of; hence the same risks could be presented over and over again. Unsurprisingly, the board will not need (nor want) to hear about these repeatedly.

7. Highlight risks you want the board to consider

Highlight the risks you want the board to discuss and those you need guidance on.

These could be:

• New and emerging risks, or risks related to new strategies
• Ways to enhance your risk management maturity or simplify your current approach
• Risk appetite/risk tolerance
• Whatever you believe would be relevant for them and helpful for management/you.

8. Talk in plain English

The board will want to talk about the business in plain English – without reference to special risk techniques, templates or terminology.

Ultimately, if you can tell them something they didn't know, then you've already added value.

Take two or three risk topics they intuitively understand, bring in the risk owner, and try to frame the risk as a problem statement with a clear gap, while referring to a few internal data points or facts that they may not be aware of.

This tends to result in lively discussion, a focus on practical actions and an ongoing review of progress.

9. Break up the discussion into manageable pieces

Break up any prolonged interaction and discussions with the board into manageable pieces that are very focused on the purpose of the session.

10. Strike a balance

Regular reporting needs to strike a balance between qualitative and quantitative, historic and forward-looking, summary and detailed, financial and non-financial risks.

Deep dives should be called out separately to regular reporting.

Likewise, more strategic sessions should focus on a much longer time horizon and focus and strategic risks.

11. Use visuals

Boards (and risk and audit committees) prefer visual presentations of top risks. Risk dashboards, highlighting key actions to be taken or already in place, are a good start.

Actions and decisions should come out of these meetings.

Are you an in-house risk leader who would benefit from collaborating with a global network of senior risk professionals? All our collaborations are bespoke and tailored to our members needs - so let us know what your risk reporting priorities are , and we'll look for an appropriate opportunity. 

Related posts you may be interested in.

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Risk Management

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Risk is unavoidable, but this doesn't mean that risk can't be planned for. To make better-calculated strategic choices, set clear expectations and always be prepared for different outcomes, use our Risk Management presentation. This presentation allows you to roll with the punches at all times and outline ways to monitor and control unpredictable events.

Slide highlights

Go over your risk assessment with this slide. List the hazards, and explain why and how they may affect your venture, propose precautions, introduce risk management strategy and obtain feedback to make necessary changes.

One of the risk assessment tools to consider is the risk assessment matrix . Identify risks, calculate consequences, determine risk rating, create an action plan, then plug data into your risk assessment matrix.

Introduce your risk mitigation plan to your audience with this slide. A risk mitigation plan helps to eliminate or minimize the impact of the hazards events and develop options and actions to enhance opportunities and reduce threats.

According to Risk Management , there are three categories of risk:

• Preventable risksn – these are internal risks, arising from within the organization, that are controllable and ought to be eliminated or avoided. Examples of preventable risks include the risks from employees' and managers' unauthorized, illegal, unethical, incorrect or inappropriate actions and the risks from breakdowns in routine operational processes.
• Strategy risks – companies voluntarily accept some risk in order to generate superior returns from their strategies. "A bank assumes credit risk, for example, when it lends money; many companies take on risks through their research and development activities," the experts say.
• External risks – some risks arise from events outside the company and are beyond its influence or control, such as natural and political disasters and major macroeconomic changes. External risks require unique approach. Because companies cannot prevent such events from occurring, their management must focus on identification and mitigation of their impact.

Application

To develop a risk management strategy, use this six-step process, recommended by business solution platform, EDC:

• Identify the risk – identify risks with regular brainstorming sessions that involve staff from all departments. The experts say it's crucial to look at current risks and have the vision to identify future risks.
• Analyze the risk – conduct an in-depth risk analysis. It can be difficult if you don't have all the information, but the checklist can best prepare you to identify those risks and how they can potentially impact your business in both operational and financial terms.
• Prioritize the risk – a large list of risks can be overwhelming, so it's critical to prioritize the risks so you can address the most pressing of them first. Once you have the checklist, go one step further and classify risks as high, medium or low.
• Assign responsibility to the risk – ensure there is someone in the organization that's going to own and oversee the risk management. "Determining who will be responsible is an internal company decision; it could be someone who works in a specific risk area who is best suited to tackle the risk or an arbitrary choice. It's a best practice to develop a risk management team consisting of both internal and, if applicable, external people in your supply chain," the experts say.
• Respond to the risk – develop a strong risk management plan that covers: risk management team, market information and market entry information, contracts and getting paid, quality and performance systems and processes, insurance and cash flow protection.
• Monitor the risk – things will change in your company and so will the risks. "As these changes occur, it's critical to update your plan to ensure that you don't become complacent or lose sight of potential threats to your business. Incorporating an ongoing review of your risk management plan into the company's planning activities will ensure you are on top of any potential risks," the EDC team says.

When COVID-19 crept up on the world, companies like Apple ended up being "especially vulnerable because of their large customer base in China and the dependence of their supply chain on Chinese manufacturers," Amiyatosh Purnanandam, professor of finance at the Ross School of Business, University of Michigan, writes in his article for Forbes .

Tim Cook named the impact of coronavirus as a significant source of uncertainty in the company during Q1 2020 earnings call. At the time, Apple had restricted employee travel and shut one store in China due to the virus outbreak, and was cutting back on retail store hours in China as well.

Purnanandam meditates on the question of what can the managers do to control risks that are not even identifiable? "Unlike exchange rates or commodity prices, there are no market-based derivatives contracts that can be used to hedge such a threat," Purnanandam writes. He's answer is cash balance. Cash balance is the best vaccine against unpredictable events such as the pandemic, Purnanandam writes. Moreover, he believes that cash is actually the best hedge against any risk that cannot be identified or quantified ahead of time. So in case of Apple, a $200 billion pile of cash is what makes it resistant to the risk.

How to Perform Risk Assessment in PowerPoint

Creating a PowerPoint presentation requires creativity and attention to detail. However, it is equally important to recognize the potential risks that come with presenting information to an audience. In this article, we will explore the importance of risk assessment in business presentations and provide a step-by-step guide on how to perform risk assessment in PowerPoint.

Table of Contents

Understanding the Importance of Risk Assessment in Business Presentations

Risk assessment is the process of analyzing and evaluating potential risks to determine their impact on the success of a business presentation. This process helps to identify potential hazards or weaknesses that could affect the intended outcome of a presentation, and provides the opportunity to develop risk management strategies to mitigate these risks. Failure to undertake reasonable risk assessments can lead to negative consequences that can impact the credibility and reputation of a business.

One of the key benefits of conducting a risk assessment is that it allows businesses to anticipate potential problems and prepare for them in advance. This can help to minimize the impact of any issues that may arise during a presentation, and ensure that the presentation runs smoothly. Additionally, risk assessments can help businesses to identify opportunities for improvement and innovation, by highlighting areas where they may be able to take calculated risks to achieve better outcomes.

It is important to note that risk assessment is an ongoing process, and should be revisited regularly to ensure that businesses are prepared for any new risks that may arise. By regularly reviewing and updating risk assessments, businesses can stay ahead of potential problems and ensure that they are always prepared to deliver successful presentations.

Step-by-Step Guide to Performing Risk Assessment in PowerPoint

The following steps can be followed to perform risk assessments in PowerPoint:

• Identify potential risks in your PowerPoint presentation by analyzing the content and context in which it will be presented.
• Assess the probability and severity of these identified risks.
• Evaluate the potential impact of the identified risks on the success of the presentation.
• Develop risk management strategies or solutions to mitigate the identified risks.
• Implement and maintain risk management strategies, and continuously evaluate their effectiveness.

It is important to note that risk assessment should be an ongoing process throughout the development and delivery of the presentation. As new information or changes arise, it is necessary to reassess and adjust risk management strategies accordingly. Additionally, it is recommended to involve other stakeholders or team members in the risk assessment process to ensure a comprehensive evaluation of potential risks.

Identifying Potential Risks in Your PowerPoint Presentation

Potential risks in a PowerPoint presentation can vary depending on the context and nature of the presentation. Common risks may include technical difficulties, inaccurate data or information, and poor communication. Identifying these risks can help you to take proactive measures to improve the quality and success of your presentation.

Another potential risk in a PowerPoint presentation is the use of inappropriate or offensive language or images. It is important to consider your audience and ensure that your presentation is respectful and appropriate for the setting. Additionally, not properly citing sources or using copyrighted material without permission can also pose a risk. By being aware of these potential risks and taking steps to mitigate them, you can ensure that your presentation is effective and well-received.

Analyzing and Evaluating Risks Using PowerPoint Tools and Features

Microsoft PowerPoint provides a variety of tools and features that can be used to analyze and evaluate risk in a presentation. These tools can include built-in templates, charts and graphs, and data analysis tools that can help you to identify potential weaknesses or areas of concern in your presentation.

One of the most useful features of PowerPoint for analyzing and evaluating risks is the ability to create interactive simulations. These simulations can help you to visualize potential scenarios and their outcomes, allowing you to make more informed decisions about risk management. Additionally, PowerPoint’s collaboration tools make it easy to share your presentation with others, allowing for feedback and input from multiple stakeholders.

Another important aspect of using PowerPoint for risk analysis is the ability to customize your presentation to suit your specific needs. By tailoring your presentation to your audience and the specific risks you are analyzing, you can ensure that your message is clear and effective. This can be achieved through the use of custom graphics, animations, and other visual aids that help to convey complex information in a clear and concise manner.

Tips and Best Practices for Effective Risk Assessment in PowerPoint

Effective risk assessment in PowerPoint requires a systematic and structured approach. To ensure that your assessment is effective, consider the following tips:

• Understand the context and purpose of your presentation before beginning your assessment.
• Collaborate with others in your team or organization to gather different perspectives and insights on potential risks.
• Document your assessment and risk management strategies in a comprehensive report.
• Regularly evaluate the effectiveness of your risk management strategies and make adjustments as necessary.

Another important tip for effective risk assessment in PowerPoint is to identify and prioritize the most critical risks. This can be done by considering the likelihood and potential impact of each risk, as well as the resources available for risk management.

It is also important to communicate the results of your risk assessment to relevant stakeholders, such as senior management or clients. This can help to ensure that everyone is aware of the potential risks and the strategies in place to manage them.

How to Communicate Risks to Your Audience Using PowerPoint Slides

Communicating potential risks to your audience can be challenging, but PowerPoint can be an effective tool to help you communicate these risks in a clear and concise manner. Consider using charts, graphs, and other visuals to make your message more easily understandable. Additionally, be sure to explain the risks in a way that your audience can understand, rather than using technical jargon that may be confusing.

Another important aspect to consider when communicating risks is to provide context. Your audience needs to understand the severity of the risk and how it may impact them. Providing examples or case studies can help illustrate the potential consequences of not taking the risk seriously.

It’s also important to be transparent and honest when communicating risks. If there is uncertainty or unknown factors, be upfront about it and explain what steps are being taken to address these uncertainties. This can help build trust with your audience and show that you are taking the risks seriously.

Common Mistakes to Avoid While Conducting Risk Assessment in PowerPoint

While conducting risk assessments in PowerPoint, it is important to avoid common mistakes that can undermine the effectiveness of your assessment. Some common mistakes include failing to identify all potential risks, failing to document your assessment and risk management strategies, and failing to regularly evaluate the effectiveness of your strategies.

Another common mistake to avoid while conducting risk assessments in PowerPoint is failing to involve all relevant stakeholders in the process. It is important to gather input from all parties involved in the project or activity being assessed, as they may have unique insights into potential risks and risk management strategies. Additionally, failing to communicate the results of the risk assessment and risk management strategies to all stakeholders can lead to confusion and misunderstandings.

Integrating Risk Management Strategies into Your PowerPoint Presentation

Integrating risk management strategies into your PowerPoint presentation can help to ensure that your presentation is successful and meets the intended objectives. Examples of risk management strategies include contingency planning, regular practice sessions, and creating backup copies of your presentation materials. These strategies can help to prevent or overcome risks and improve the overall quality of your presentation.

Another important risk management strategy to consider is audience analysis. Understanding your audience’s needs, interests, and expectations can help you tailor your presentation to better meet their needs and increase engagement. This can involve conducting surveys or focus groups, researching your audience’s demographics and industry, and incorporating relevant examples and case studies into your presentation. By taking the time to analyze your audience, you can reduce the risk of delivering a presentation that misses the mark and increase the likelihood of achieving your desired outcomes.

Assessing the Impact of Risks on Your Business Goals with PowerPoint

The impact of risk on your business goals can be significant. In PowerPoint, you can use data analysis tools and indicators to assess the impact of potential risks on your business goals. Additionally, regular evaluation of your strategies can help to identify areas in which you can improve your risk assessment and management.

One important aspect of assessing the impact of risks on your business goals is to consider the potential financial losses that could occur. By using financial modeling tools in PowerPoint, you can estimate the potential financial impact of different risks on your business. This can help you to prioritize your risk management efforts and allocate resources more effectively.

Another key factor to consider when assessing the impact of risks on your business goals is the potential impact on your reputation. Negative publicity or damage to your brand can have long-lasting effects on your business, and it’s important to consider these risks when developing your risk management strategies. In PowerPoint, you can use visual aids and charts to help you analyze the potential impact of different risks on your reputation and develop strategies to mitigate these risks.

The Role of Data Analysis in Conducting Successful Risk Assessments with PowerPoint

Data analysis plays an important role in conducting successful risk assessments with PowerPoint. By using data analysis tools within Microsoft PowerPoint, you can identify patterns and trends in your presentation that can help to identify potential risks. Additionally, data analysis can help to determine the effectiveness of risk management strategies and make adjustments accordingly.

Creating a Comprehensive Risk Assessment Report using PowerPoint Templates

After performing a risk assessment in PowerPoint, it is important to document your findings and strategies in a comprehensive report. PowerPoint provides a variety of templates that can be used to create a comprehensive and visually appealing risk assessment report.

Collaborating with your Team for a More Effective Risk Assessment on PowerPoint

Collaborating with your team or organization can provide different perspectives on potential risks, and help to develop more effective risk assessment strategies. In PowerPoint, you can use collaboration tools to solicit feedback and input from others in your team or organization, which can help to create a more comprehensive and effective risk assessment plan.

Measuring the Effectiveness of Your Risk Assessments with Key Performance Indicators (KPIs) on PowerPoint

Measuring the effectiveness of your risk assessment strategies is important to determine whether your objectives have been met. In PowerPoint, you can use key performance indicators (KPIs) to measure the effectiveness of your strategies. An effective risk assessment plan should produce positive outcomes, such as improved communication and successful achievement of presentation objectives.

In conclusion, performing risk assessment in PowerPoint is essential for ensuring the success of your business presentation. By following a systematic and structured approach, using PowerPoint tools and features, and integrating risk management strategies, you can effectively identify and mitigate potential risks and increase the overall quality of your presentation.

5 Examples of Risk Matrix PowerPoint Visualization

Last Updated on February 21, 2024 by Anastasia

One way to perform and document a risk analysis and assessment is using the risk matrix diagram. This simple visualization matrix is a management method that helps you present possible risks, and define the risk levels. As a result, you can support management decision-making and plan activities to mitigate those risks.

Explore our Business Performance PPT Reports category on the website for more resources to boost your presentation impact.

If you don’t invest in risk management, it doesn’t matter what business you’re in, it’s a risky business. Gary Cohn

Risk Matrix analysis can be easily visualized in a PowerPoint presentation. Your presentation will look more creative if you use a consistent and clear risk matrix diagram for visualization of the new company’s competitors or changes in government policy.

Remark: You can get all presented icons and slide examples in the Risk Matrix Diagram PPT set .

This visual framework is part of other management strategy tools such as SWOT, Porter Forces, and PEST. You may check this article “ 7 Visual Frameworks for Strategy Analysis Presentation ” for more examples.

Why use a Risk Matrix?

The purpose of risk management is to anticipate and control risks so as to minimize their threats and maximize their potential. The risk matrix diagram will help you to create a memorable presentation of those risks. Using a diagram illustration you can visualize with colors all risk categories and focus attention on the main subject. Risk Matrix graphics can be handy presenters who need to show risk assessment or different states of consequence process.

In this blog, we propose examples of creating and presenting risk matrix diagrams , which will help you to make the possible risks visible.

You’ll find a few variations of showing the Risk Matrix Diagram on the slide:

• showing risk types in the form of a list
• illustrating levels of probability and impact
• presenting probability and severity risk levels
• creating a risk matrix with a place for notes

Let’s start our journey over the Risk Matrix Diagram illustrations examples. See how you can show it creatively so that your audience will be focused on your presentation.

#1: Presenting Types of Risk with Creative Bullet Points

In the beginning, you may want to introduce types of risk:

• Economic risk
• Social risk
• Risk related to the use of various technological advancements
• Risk related to natural forces, so unpredictable sometimes
• Political risks covering country leaders’ actions, various lobbying on a government level, federal agencies regulations, etc.

But instead of putting those risks as a standard bullet point list, consider the example below: The first and easiest way to show various types of risk – use a simple list. This diagram includes all kinds of risks, illustrated with icons and colors. The icons for each stage will help your listeners to focus their attention on one or another point.

 #2: Illustrating Risk Probability and Impact

The next example is a typical risk matrix diagram, consisting of 4 parts. Each of them includes an eye-catching icon, therefore it can be employed for any audience: starting from students to your business partners.

#3: Adding Description to Risk Matrix

This type of risk matrix slide includes a place for the description of each point of risk. The advantage of this diagram is various symbols that illustrate emotions, so you can easily show risk analysis results.

#4: Showing Risk Probability and Severity Levels

This full-slide risk matrix diagram will help you to conduct a detailed analysis. You can identify your severity and probability risks. A colorful matrix will help you show all levels of risk:  low, medium, and high. With such a diagram template, you can easily illustrate the most dangerous risks and keep listeners attention on it.

#5: Creating Risk Matrix in Minimalist Style

If you like minimalism in your slides, then you can choose such type of risk matrix: white rectangles with colored outlines and simple icons.

Recap of four presented Risk Matrix visualizations

We presented here a bunch of ideas on how you can talk about risk without boring your audience with text-only slides. Get inspired by the examples we mentioned:

• agenda for showing all types of risk
• diagram with a minimalist style with the icons of emotions
• showing risk severity and probability in a big matrix with hand-drawn symbols
• templates for illustrating risk probability and impact

Why use diagrams for the risk matrix concept?

A risk matrix diagram is a simple mechanism to increase the visibility of risks. It is a basic management tool that is useful for strategic planning. Risk provides the objective metric to help the decision-making process. That’s why the risk matrix has been widely adopted by many businesses. The risk matrix diagram focuses on the highest-priority risks and presents complex risk data in a visual chart. 

What’s inside the Risk Matrix Template collection?

We created a collection of risk matrix diagrams in various versions and added iconic symbols for 5 types of risk. All icons are fully editable, so you can change their color and resize them without losing the image quality.

The slide set contains:

13 Matrix PPT Slide Layouts for Two-Dimensional Risk Assessment:

• Explanation of the risk matrix concept.
• Diagrams for 2×2, 3×3, and 5×5 matrices with description areas.
• 30 icons for various 5 types of risk, risk severity, and risk probability levels, in flat and handwritten styles.

All examples above are part of the infoDiagram PowerPoint Diagrams collection. It contains vector graphics that can be easily edited and added to other presentations:

Risk Matrix Diagram

Explore our YouTube channel for more creative ideas:

2 thoughts on “5 Examples of Risk Matrix PowerPoint Visualization”

Brilliantly executed read about the Risk Matrix. The slide show is a great visual aid.

thanks Jennifer! We’re glad our blog is useful for you.

Comments are closed.

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Risk Management Templates

Our risk management plan templates will help you to highlight the various risks that a business faces.  Risk Management is an ongoing process of identifying, analyzing, assessing, and evaluating the various risks that a business comes across. Increasing complexity, dynamics, and economic challenges and changes affect all companies, and risk-management acts as an early warning system for all of these. The most common risks include financial, operational, and strategic risks. With these risk-management frameworks, you can showcase the risk-management process. Use these 100% editable PowerPoint templates to highlight your company’s risk-management strategies effectively. Download free PowerPoin t collection  to effectively showcase an organization’s change management plan. 

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Risk management powerpoint templates for presentations:.

The Risk Management PowerPoint templates go beyond traditional static slides to make your professional presentations stand out. Given the sleek design and customized features, they can be used as PowerPoint as well as  Google Slides templates . Inculcated with visually appealing unique and creative designs, the templates will double your presentation value in front of your audience. You can browse through a vast library of Risk Management Google Slides templates,  PowerPoint themes  and  backgrounds  to stand out in your next presentation.

What Is A Risk Management PowerPoint Template?

A Risk Management PowerPoint template is a ready-made presentation template that provides a structured framework for creating professional Risk Management presentations. The Risk Management PPT presentation template includes design elements, layouts, and fonts that you can customize to fit your content and brand.

What Are The Advantages Of Risk Management Presentation Templates?

Risk Management PPT presentation templates can be beneficial because they:

• Add multiple visual and aesthetic layers to your slides.
• Ensure that complex information, insights and data is presented in a simplistic way.
• Enhance the overall visual appeal of the content.
• Save you a lot of time as you don’t have to start editing from scratch.
• Improve the professional outlook of your presentation.

How To Choose The Best Risk Management Presentation Templates?

Keep the following points in mind while choosing a Risk Management Presentation template for PowerPoint (PPT) or Google Slides:

• Understand your presentation goals and objectives.
• Make sure the Risk Management template aligns with your visual needs and appeal.
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Risks Analysis Business Meeting

Risks analysis business meeting presentation, free google slides theme and powerpoint template.

Most projects done at large scale come with certain risks that must be assessed and, if possible, solved or avoided. For your next business meeting, bring a presentation with you to analyze those risks. First, download this template, because its slides will be great to design that presentation. Speaking of design, you'll notice that it's a bit minimalist, which we think it's good to avoid distractions. We've added schedules, graphs, diagrams, and a series of linear icons and maps. Make good use of them!

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Risk Presentation Templates

Slide egg provides 144+ ready-made, editable free risk powerpoint templates and google slides themes to make powerful presentations for risk management that can be helpful in an individual's life or business to analyze and manage risks. get ready to take a bit between your teeth..

• Thematic Variety: Dive deep into specific risk areas like vendor management, financial analysis, marketing strategies, and even governance compliance. We have slides for every risk imaginable!
• Infographic Power: Ditch the text-heavy slides and let colorful infographics, charts, and diagrams tell your story. Make complex data clear and engaging, leaving a lasting impression on your audience.
• Customization Freedom: Don't be boxed in. Our templates are 100% editable, allowing you to personalize them with your company colors, branding, and data. Make it your own!
• Format Flexibility: Choose from a range of formats (4:3 or 16:9) and orientations (portrait or landscape) to perfectly match your presentation platform.
• Accessibility Advantage: We offer both free and premium slides, catering to all budgets and needs. Get started with our free risk management PPT templates and upgrade when you're ready to take it to the next level.

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What are risk presentation templates.

These are pre-designed slides that help you visualize and communicate complex risk management information in a clear, engaging way. They come with ready-made layouts, charts, and infographics, saving you time and effort while ensuring a professional look.

What types of risk presentation templates do you offer?

We offer a wide variety of templates to suit different needs, including: Risk management frameworks: SWOT analysis, FMEA, Monte Carlo simulations, etc. Specific risk areas: Financial risks, marketing risks, vendor risks, intellectual property risks, etc. Industry-specific templates: Healthcare, IT, finance, education, etc. Single slides and slide decks: Customize your presentation with individual slides or complete decks.

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Our templates are compatible with both Microsoft PowerPoint and Google Slides, so you can choose the platform you're most comfortable with.

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We offer a selection of free templates to get you started, and our premium templates are affordable and royalty-free, meaning you can use them for any purpose without additional licensing fees.

How can I customize your risk presentation templates?

Our templates are fully editable, so you can change the text, colors, fonts, and layouts to match your brand and presentation style. You can also add your own data and visuals to make them even more impactful.

What are some tips for creating effective risk presentations?

Focus on clarity and conciseness: Keep your slides simple and avoid overloading them with information. Use visuals effectively: Charts, graphs, and infographics can help you communicate complex data in an easy-to-understand way. Tell a story: Use your slides to guide your audience through the risk management process and highlight key takeaways. Practice your delivery: Rehearse your presentation to ensure you feel confident and comfortable delivering it.

Can I use your risk presentation templates for my school project?

Absolutely! Our templates are perfect for students who want to make a professional impression on their professors. We offer a variety of templates that are relevant to common academic topics.

Home PowerPoint Templates Business PowerPoint Templates Business Risks Diagram PowerPoint Template

Business Risks Diagram PowerPoint Template

The Business Risks Diagram PowerPoint Template is an editable presentation slide for business risks. Business risks are the estimated pitfalls that may impart retarding effects on business success. This retardation can happen both from financial and goal achievement perspectives. So, professionals make some crucial considerations initially to avoid loss in future business processes. This PPT template provides a modern diagram to showcase the categories and examples of all the risks. The diagram template is decorated through a decent color scheme and meaningful icons for enhanced communication with the teams or stakeholders. Professionals can use this slide to discuss the effects of mitigation strategies in multiple situations. 

The Business Risks Diagram PowerPoint Template shows a semi-circle bridge diagram divided into seven segments. A dual gradient color is used in this diagram. Through differential darkening at the inner edge of the diagram, a 3D effect is created on the bridge structure. The hollow core unit is to mention the presentation title, business name, or any other subject. On the first slide, these segments mention the categories of risks, e.g., production, price, casualty, technology, relationship, regulatory, and human. Through thin straight lines, these segments are associated with the outer text boxes that mention the risks along with the meaningful icons. For instance, the production risks are weather, health, field loss, and spoilage, and the factory icon represents this category. The following slide differs because it shows the infographic PowerPoint icons in the inner segments of the diagram. In place of the icons around the outer side, there are risk category titles and risk names. 

Presenters can conveniently alter the text and icons according to presentation needs. These slides are for business risk presentations; however, health professionals, marketing teams, and other professionals can also modify the text for risk presentations. So, our Business Risks Diagram PowerPoint Template can be used for meetings and online presentations because of its compatibility with all PowerPoint versions.

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Introduction To Risk Management Powerpoint Presentation Slides

Demonstrate that you are genuinely a champion with our Introduction To Risk Management Powerpoint Presentation Slides. You will definitely earn the garlands.

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PowerPoint presentation slides

Presenting this set of slides with name - Introduction To Risk Management Powerpoint Presentation Slides. This is a one stage process. The stages in this process are Introduction To Risk Management, Risk Management Overview, Risk Management Outline.

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Content of this Powerpoint Presentation

Benefits and risks are the two faces of the same opportunity. 

It is reported that by the year 2032, the global risk management market size will reach USD 35.9 billion. Risks that businesses and individuals combat can come in any shape and size. They can be as small as new software not working correctly or as big as the same software, leading to backdoor hacking and causing the organization to lose all its data. 

Monitor risks and threats endangering your organization with our dedicated templates.

In 2024, traditional risk management methods alone are no longer sufficient in shielding organizations. With AI and ML overpowering us in every field, we are seeing significant changes in risk management. As a result, the existing system must be upgraded to tackle the new threats that could compromise our security and well-being. 

Explore our ready to use templates to ease escalation and report issues first-hand.

Risk Management PowerPoint Presentation Slides

Using this complete deck, you can showcase the importance of risk management in your organization and help you plan and execute robust risk management. Let’s explore the best of what these slides offer.

Template 1 Introduction

The very first presentation slide of this complete deck features an introduction to the topic that defines all the critical aspects of risk management. You can share the probability and impact of a given risk in various work segments with this presentation layout. In addition, the diagram showcases the risk management cycle and its implementation within the organization. 

Template 2: Types Of Risks 

In the given slide, you can highlight various risks endangering your organization. There are two types of risks that every organization needs to prepare for: the external risks and the internal risks. With this PPT Template, you can mention relevant risks associated with your business under these two categories. From this PPT Template, your audience and team members will get to know the difference between internal and external risks. You can then explain how these risks should be handled to minimize the damage.

Template 3: Types Of Risks

Using this PPT Layout, you can further explain the strategic, operational, hazard, and financial risks to your team members. For example, strategic risks associated with regulations could include R&D, industry downturn, specific fields of work, etc. Furthermore, this PPT Slide also helps you share insights on how poor capacity management, issues in the supply chain, bribery, and corruption could lead to operational risks for the organization. Educating your team members about these risks will allow them to finish their tasks correctly and on a given deadline to maintain the organization’s reputation in the competitive market. Downloading this PPT Template will help you accomplish this.

Template 4: Risk Categories

Just like innovation can be found anywhere if you look hard for it, if you try to look for risks in the simplest of your organizational work, you will find them. Using this PPT Layout, you can inform all the teams working individually on the project about the risks associated with their work and the precautionary steps that they need to take to keep their component of the project risk-free. 

Template 5: Identifying Risk Categories

Download this PPT Design to share findings about how various risks impact your organization and the cumulative risk score. Use this presentation layout to highlight the areas such as customer retention and shortfall in demand for products or services, along with others that are most likely to suffer if the risk management protocol fails 

to respond on time. 

Template 6: Stakeholders Risk Appetite 

One agenda that needs to be brought up in board meetings is the risk appetite and tolerance that a company can take. Risk appetite is the amount of risk an organization or investors are willing to take to reach revenue goals. Risk appetite differs for different organizations; simultaneously, it is one of the most complex parts of risk management and its implementation. With this presentation design, you can demonstrate which ideas, projects, expansions, and all the other workings of the organization fall within the risk appetite and which exceed the risk appetite. Using this PPT Prest, stakeholders can decide whether or not they should be moving ahead with projects that exceed risk appetite.

Template 7: Risk Tolerance

Risk tolerance is the measure that defines how much investors are willing to endure the volatility in the value of an investment. Using this PPT Slide, an individual can show the entire team how volatile the given risks are so they can devise an action plan to minimize them without affecting the organization's productivity. This PPT Layout features a table to represent the ordinal and cardinal scale of the risk along with the cost that needs to be put on it to minimize its effect. Moreover, you can also add areas of impact apart from those mentioned in the PPT Template. 

Template 8: Risk Tolerance Graph 

If the table is not your thing and you want some other way to differentiate the different tasks for risk tolerance, then we have got you covered with this PPT Template. Here, you can find graphs that showcase various risks associated with the working of an organization and how their impact, along with the likelihood, stacks up in the risk tolerance. The dotted red line on the graph showcases the boundary of the graph; risks present below it are considered acceptable risks, meaning they are not too harmful to the organization's work. On the other hand, risks above the dotted line are unacceptable, meaning team leads and managers need to find ways to eradicate them, or these risks can potentially cause an organization to halt its smooth working. 

Template 9: Risk Assessment Plan  

The final slide of this PowerPoint Presentation is where you start showcasing plans to minimize or completely eradicate them from the system. This is a crucial presentation template that every risk management presentation needs to have as it defines what needs to be done to control risks in the given timeframe. Moreover, here, you can add names and the designation of your team member working as a first line of defense when the risk exceeds its tolerance limit. Using this PPT Slide, you are providing a fail-proof solution to the organization and ending your risk management presentation on a positive note. 

Conduct inspections and plan these effectively with our ready to use presentation designs.

Strengthen Your Defense 

These PPT Templates were the highlights of this complete deck. Using this content-ready PPT Presentation, you will have a sound risk detection, alleviation, and aversion system that will further pave the way for business growth and improved client satisfaction.

Introduction To Risk Management Powerpoint Presentation Slides with all 25 slides:

Display genuine interest in identifying the cause with our Introduction To Risk Management Powerpoint Presentation Slides. Be able to investigate the incident.

Ratings and Reviews

by Amal Al Jardani

November 12, 2022

by Connor Lopez

July 19, 2021

by Liam Perez

July 18, 2021

ORIGINAL RESEARCH article

The impact of information presentation on self-other risk decision-making.

• 1 School of Psychology, Northwest Normal University, Lanzhou, Gansu Province, China
• 2 Gansu Institute of Political Science and Law, Lanzhou, Gansu Province, China
• 3 School of Psychology, Sichuan Normal University, Chengdu, Sichuan Province, China

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To explore the impact of social distance and information presentation types on self-other risk preferences in monetary tasks. Risk preferences were examined in decision-making tasks and experiential information tasks within different frameworks when participants made decisions for themselves and others. Experiment 1 employed experiential decision tasks and revealed individual differences in decision-making for oneself and others. In gain situations, participants exhibited more risk aversion when deciding for others compared to themselves. Experiment 2 presented both types of information simultaneously to investigate whether risk decisions for oneself and others are influenced by information types. Results indicated that experiential information led participants to make more conservative choices for others, while descriptive information eliminated this effect. This study discovered the influence of social distance on self-other risk decisions and the role of information presentation types in self and other risk decision-making. Future research could further explore self-other decision-making from the perspectives of decision-makers' traits and culture.

Keywords: Risk decision making, Social Distance, Decision from description, Decision from experience, Self-other

Received: 19 Dec 2023; Accepted: 12 Apr 2024.

Copyright: © 2024 Zhou, Li, Xie, Lei, Cui, Yao and Huang. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) . The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

* Correspondence: Chao Zheng Huang, Gansu Institute of Political Science and Law, Lanzhou, 730070, Gansu Province, China

Disclaimer: All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article or claim that may be made by its manufacturer is not guaranteed or endorsed by the publisher.

EMPACT-MI: Empagliflozin Post MI Does Not Lower Risk of First HF Hospitalization, Death

Apr 06, 2024

ACC News Story

The SGLT2 inhibitor empagliflozin did not lower the risk of a first hospitalization for heart failure (HF) or death from any cause among patients with an increased risk for HF following acute myocardial infarction (MI), according to the results of the EMPACT-MI study, presented during a Late-Breaking Clinical Trial session at ACC.24 and published simultaneously in the New England Journal of Medicine .

The event-driven, double-blind trial, conducted from December 2020 to March 2023 at 451 sites in 22 countries, randomly assigned 6,522 patients (median age 63 years, 24.9% women, 83.6% White, 1.4% Black, 12.8% Asian) who had been hospitalized for acute MI and were at risk for HF with newly reduced left ventricular ejection fraction (LVEF) or congestion or both to either 10 mg daily of empagliflozin or a placebo in addition to standard care within 14 days of admission. At baseline, 78.4% of patients had an LVEF ≤45%, and 57.0% had signs or symptoms of congestion that resulted in treatment during the index hospitalization.

Results showed that first hospitalization for HF or death from any cause, the composite primary endpoint, occurred in 267 patients (8.2%) in the empagliflozin group and 298 patients (9.1%) in the placebo group during the median follow-up of 17.9 months. The two groups had incidence rates of 5.9 and 6.6 events, respectively, per 100 patient-years (hazard ratio [HR], 0.90; 95% CI, 0.76-1.06; p=0.21).

For the separate components of the primary endpoint, first hospitalization for HF alone occurred in 118 patients (3.6%) in the empagliflozin group and 153 patients (4.7%) in the placebo group (HR, 0.77; 95% CI, 0.60-0.98) and death from any cause occurred in 169 (5.2%) in the empagliflozin group and 178 (5.5%) in the placebo group (HR, 0.96; 95% CI, 0.78-1.19). Results were similar across all sensitivity analyses for the primary endpoint.

In terms of key secondary endpoints, total number of hospitalizations for HF or death from any cause occurred in 317 cases in the empagliflozin group and 385 in the placebo group (rate ratio [RR], 0.87; 95% CI, 0.68-1.10). Total number of nonelective cardiovascular hospitalizations or death from any cause were 666 and 730, respectively (RR, 0.92; 95% CI, 0.78-1.07). Total number of nonelective hospitalizations for any cause or death from any cause were 998 and 1,138 (RR, 0.87; 95% CI, 0.77-1.0), and total number of hospitalizations for MI or death from any cause were 276 and 274 (RR, 1.06; 95% CI, 0.83-1.35).

The authors noted that an exploratory analysis showed that cardiovascular death occurred in 132 patients (4.0%) in the empagliflozin group and 131 (4.0%) in the placebo group (HR, 1.03; 95% CI, 0.81-1.31). The time to death from cardiovascular causes and time to a first HF hospitalization or cardiovascular death were similar in both groups. Adverse events were similar in the two groups and consistent with the known safety profile of empagliflozin.

Among study limitations the authors noted the lack of central adjudication of endpoint events, which were assessed by site investigators using prespecified definitions, and lack of analysis of outpatient HF events, as well as unsuccessful efforts to improve representation within the trial.

"We found that empagliflozin did not reduce mortality after a heart attack but did reduce the risk of [HF] after heart attack," said Javed Butler, MD, FACC , the study's lead author. "To have a 25% to 30% reduction in [HF] hospitalizations is pretty clinically meaningful, but if you put it together with all-cause mortality, it was not a positive study for our primary endpoint."

In an accompanying editorial comment , Jean Rouleau, MD, FACC , wrote that, "The good news is that the prognosis of patients with left ventricular dysfunction, congestion, or both after an acute [MI] have improved markedly. The challenge is that the identification of additional therapies is increasingly difficult, especially because a large percentage … promptly undergo reperfusion." Moreover, the results of this trial do not support the routine use of SGLT2 inhibitors in this population, but in patients with indications for the drug, such as type 2 diabetes or chronic kidney disease, a recent MI may provide an opportunity to start this treatment and decrease the risk of HF.

Clinical Topics: Heart Failure and Cardiomyopathies, Acute Heart Failure

Keywords: ACC Annual Scientific Session, ACC24, Myocardial Infarction, Heart Failure, Novel Agents, Sodium-Glucose Transporter 2 Inhibitors

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School of Business

Take a walk on the wild side: risk management and insurance veteran shares experiences with students.

By: Megan Nash

Ask most people working in risk management and insurance (RMI) how they found their way to the industry, and they’ll probably say something to the effect of “I just kind of fell into it.”

Soon, responses to that same question may be very different.

Early morning on March 20, the Country Club of Virginia welcomed nearly 100 RMI area employers, donors, Virginia Commonwealth University (VCU) Business students and VCU Risk Management and Insurance Program advisory council members at the annual Spencer Educational Foundation Risk Manager on Campus breakfast.

After welcoming remarks from VCU Business’ Robert Taylor , executive director for the Risk Management and Insurance Program, and Interim Dean Brian Brown , Ph.D., attendees were primed for what Dean Brown described as “a real show” when introducing the keynote speaker – Danny Holtsclaw.

Working at Zoos, an Aquarium and for Conservation Programs in More than 50 Countries

Holtsclaw, who serves as the executive director of risk management and insurance at the Wildlife Conservation Society in New York, N.Y., has over 25 years of risk management experience in the non-profit sector specializing in emergency preparedness and crisis management. This morning, he describes the many responsibilities he has managing the organizational risks for a system of five wildlife parks in New York City (Bronx Zoo, Central Park Zoo, Prospect Park Zoo, Queens Zoo, and New York Aquarium) and wildlife conservation programs in more than 50 countries.

Holtsclaw’s risk management philosophy focuses on two key beliefs. The first, this is a job that requires dedication, and the second, the risk function is the office of KNOW and not NO:

“If you’re doing your job correctly, you should know more about the entire organization than everyone else in the organization,” said Holtsclaw.

As the scope of risk has changed in many organizations, Holtsclaw has had to pivot and change with that: “You get a lot of things that people never experience in risk management,” said Holtsclaw. “There’s always situations that can go sideways.”

The zoo and aquarium operations present some unique safety risks. “It is important for risk managers to gain a deeper understanding of organizational risks, especially as it relates to any unique aspects of workplace safety,” said Holtsclaw.

Having no zoo or aquarium experience when he joined WCS, Holtsclaw quickly found that “Trying to gain a better understanding of how keepers interact with the animals under their care was an important objective after joining WCS.” He enrolled in introductory and advanced courses in animal training techniques and safety and observed colleagues in the animal department working with certain species to help facilitate their care.

From a risk management standpoint, Holtsclaw made it a point to understand how animal teams use techniques to interact with the animals in a way that reduced animal stress and created safer engagements for the keepers. Holtsclaw explained, “I now make sure that our underwriters understand how animal training techniques can be a very effective loss control strategy.”

WCS Global Conservation Program staff work around the world helping protect the habitats for more than 40% of Earth’s biodiversity. These operations take place in some of the more remote areas of the world. Delivering a meaningful and professional duty of care to staff working in these areas requires careful planning and coordination.

Part of Holtsclaw’s risk management role with WCS is managing the response of the global crisis management team. Holtsclaw shared some of the challenges international organizations encounter when managing a crisis in remote environments. Holtsclaw shared, “Risk managers cannot rely on insurance alone for resolving these types of emergencies. We need to make sure the broadest possible insurance protection is in place and be able to manage the organization’s response to these emergencies, as insurance alone is not a solution.”

While occurrences like this are rare, Holtsclaw also highlighted various aspects of his role to provide insight to students in the audience how they factor in. He discussed essential components such as claims management, risk finance and accounting, emergency preparedness and workplace safety, demonstrating how each contributes to effective risk management and conservation practices.

As the role of a risk manager is less transactional, and far more about being able to look at the entire aggregation of risks and being able to make timely and effective decisions, risk management teams are challenged every day to find new solutions. Bringing his presentation to a close, Holtsclaw left the audience with a simple yet important message: “You can’t do this job in risk management if you don’t care.”

From classroom to the real world

The emergence of RMI programs has largely been driven by the job market in certain regions. VCU Business’ undergraduate Risk Management and Insurance Program is home to a nationally recognized program that prepares students for high-demand careers in risk management, financial services and other areas of the insurance industry.

“It can be tough to inspire college students to consider a career in risk management,” said Taylor. “Our partnership with the Spencer Educational Foundation and the Risk Manager on Campus Program gives a personal introduction to the industry and what it has to offer. We’re fortunate to have a speaker like Danny [Holtsclaw] who brings a wide range of experience and knowledge that will be helpful to our students.”

High-paying jobs in finance, consulting and investment banking can be quite appealing, and students may completely overlook what the risk and insurance sector has to offer, “We’re approaching talent in a new way,” shared Stephen Fier, associate professor of Risk Management and Insurance at VCU Business. “Our goal is to give students a career guide, not just help them find their first or next job. Sharing stories like Danny’s gives students a different view of what risk management and insurance can offer, showing them there’s more to it than they might think.”

Maggie Gill ‘24, a VCU Business student majoring in Finance with a concentration in Risk Management and Insurance, Economics minor, and recipient of the 2024 Davis Ratcliffe Award at the Risk Manager on Campus breakfast, shared her perspective on the presentation:

“Learning from Mr. Holtsclaw was enlightening. It reaffirmed the lessons my peers and I have been learning in the RMI program and demonstrates that risk management and insurance are much more than just financials and policies. Spending time alongside Mr. Holtsclaw and getting to hear these thrilling stories has confirmed for me how exciting this industry can be and makes me even more excited to enter the field and make a difference myself, similarly to how Mr. Holtsclaw has for so many. We are very lucky and grateful to Mr. Holtsclaw for sharing some of his time with us to share these insights.”

To learn more about VCU Business’ Risk Management and Insurance Program, visit their website or follow on LinkedIn .

Check Your Health- Importance of Breast MRI in Detecting Cancer in High Risk Patients

by Intermountain Health

The recent announcement that actress Olivia Munn underwent a double mastectomy after being diagnosed with an aggressive form of breast cancer is highlighting the important use of a breast MRI in detecting cancer in women who are high risk of developing the disease.

Munn announced she had an annual mammogram last year which came back negative, but due to a survey result which found her to be at higher risk of developing breast cancer, her doctor recommended a breast MRI.

An MRI scan can better detect issues through dense breast tissue, and for Munn, doctors discovered she had a mass in her breast which turned out to be cancerous.

“Olivia Munn’s story is a great example of how being vigilant about your health and early detection can be a game changer,” said Eugene Kim, MD, medical director of Intermountain Health’s Breast Care Center in Murray. “Abbreviated breast MRI is another tool which is becoming more easily available to patients and is a big step in the fight against breast cancer.”

Women who receive their annual mammogram at Intermountain Health take this survey before their mammogram with the hope of determining possible increased risks based on several factors. Those women who are deemed to have increased risks may benefit from additional screenings.

The Tyrer-Cuzick questionnaire is a risk assessment calculator that measures a woman’s 10-year and lifetime risk for developing breast cancer based on family medical history, density of breast tissue, and genealogy.

Women who score a 20 or higher on their assessment are considered to be at high risk for breast cancer. It also makes them eligible for a FAST MRI breast scan, which is more sensitive and better at detecting issues in the breast tissue.

FAST MRI only takes 10 minutes and costs considerably less than a traditional MRI screening. This year, the service has expanded from Intermountain Medical Center to include McKay-Dee Hospital in Ogden, American Fork Hospital, Park City Hospital, Saratoga Springs Hospital, Heber Valley Hospital, and St. George Regional Hospital.

Doctors say breast MRI scans won’t replace the need for an annual mammogram because those screenings can still detect some cancers better.

In the United States, one in eight women will develop breast cancer in their lifetime. Survival rates have increased dramatically in recent decades thanks to increases in annual screenings.

To schedule a screening mammogram, call 801-906-2700, or visit intermountainhealthcare.org/mammogram

To see some questions from the Intermountain questionnaire, click here .