Visualizing risk

Visualize risk to gain a deeper understanding of the facts and insights hidden in the data.

How it works

There are two options for visualizing risk within the Strategy app.

  • The Strategy Heatmap identifies the location of clusters of risk in your company. It shows the aggregation of risk in individual areas of your company, indicating where you should focus your mitigation. There is only one Strategy Heatmap and you cannot delete it.
  • Risk Heatmaps identify the relative severity of risk in your company. There is a default Risk Heatmap, which you cannot delete, but you can also create your own.

Strategy Heatmap

The Strategy Heatmap identifies the location of clusters of risk in your company. It shows the aggregation of risk in individual areas of your company, indicating where you should focus your mitigation. The Strategy Heatmap can display inherent or residual risk, but not both at the same time. There is only one Strategy Heatmap and you cannot delete it.

  • The size of each bubble indicates the volume of clustered risks.
  • The color of each bubble indicates the severity of clustered risks for each operating segment or strategic objective combination.
  • The Total Score column displays the total inherent or residual risk score for each operating segment.
  • The Total Score row displays the total inherent or residual risk score for each strategic objective.

Notes

  • Interface terms are customizable, and fields and tabs are configurable. In your instance of Diligent One, some terms, fields, and tabs may be different.
  • If a required field is left blank, you will see a warning message: This field is required. Some custom fields may have default values.

Components

Number Component Description
1 Filters
  • Inherent Risk Heat filters risks by inherent risk heat. The grey portion of the scale indicates the minimum and maximum values to display. For example, you can adjust the endpoints of the scale to show all risks that have inherent risk heat between 50% - 70%
  • Keywords/Tags filters risks by tags associated with a risk or by keyword search
  • State filters risks by state
  • Strategic Objectives and Operating Segments filter risks by the strategic objectives and operating segments defined in your Strategy Map
  • Time Machine allows you to view the state of risks at a particular point in time
2 Inherent or Residual Choose whether the Strategy Map displays inherent (unmitigated) or residual (mitigated) risk.
3 Download PDF

Export the Strategy Map to .pdf. Applied filters are saved and reflected in the PDF.
4 Associated risks

Click on an individual bubble to see the risks and scores associated with it. You can drill down to learn more about specific risks.

Risk Heatmap

Risk Heatmaps identify the relative severity of risk in your company. There is a default Risk Heatmap, which you cannot delete, but you can also create your own.

Notes

  • Interface terms are customizable, and fields and tabs are configurable. In your instance of Diligent One, some terms, fields, and tabs may be different.
  • If a required field is left blank, you will see a warning message: This field is required. Some custom fields may have default values.

Components

Number Component Description
1 Filters
  • Inherent Risk Heat filters risks by inherent risk heat. The grey portion of the scale indicates the minimum and maximum values to display. For example, you can adjust the endpoints of the scale to show all risks that have inherent risk heat between 50% - 70%
  • Keywords/Tags filters risks by tags associated with a risk or by keyword search
  • State filters risks by state
  • Strategic Objectives and Operating Segments filter risks by the strategic objectives and operating segments defined in your Strategy Map
  • Time Machine allows you to view the state of risks at a particular point in time
2 Risk Heatmap selector defines which Risk Heatmap to view or configure
3 Save saves the Risk Heatmap
4 More ... saves a new Risk Heatmap, renames a Risk Heatmap, or deletes a Risk Heatmap
5 Download PDF

exports the Risk Heatmap to .pdf

Applied filters are saved and reflected in the PDF.
6 Dimensions defines the values for the X-axis, Y-axis, color of the bubbles, and size of the bubbles in the visualization
7 Zoom change the scale of the x and y-axes on risk heatmaps
8 Visualization allows you to view the aggregation of risks in individual areas of your company
9 Risk Heat Ranking

ranks risks from highest to lowest based on the combined Likelihood and Impact values for each risk

If the inherent risk score is the same for two or more risks within the list, the risks are ordered by inherent risk heat. If the inherent risk score and inherent risk heat is the same for two or more risks, the risks are ordered by risk ID in ascending order.
10 Assess This Risk allows you to view the aggregation of risks in individual areas of your company