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unlike operational risks which are often immediate and tactical, strategic risks have a long-term horizon and can significantly sway the organization's trajectory. These frameworks offer
unlike operational risks which are often immediate and tactical, strategic risks have a long-term horizon and can significantly sway the organization's trajectory. These frameworks offer a structured lens to view potential future uncertainties, analyze their impact, and devise strategies that are resilient and adaptable. Or the risk mitigation frameworks provide a structured approach to devising these strategies, ensuring that they are practical, actionable, and aligned with the organization's overall risk appetite and business objectives. They help in creating a roadmap of actions that can be taken to either avoid, transfer, mitigate, or accept the risks based on their nature and potential impact
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