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Nicky ClarkeMay 30, 2022 9:06:28 AM< 1 min read

5 benefits of SharpCloud’s risk BowTie template

Have you ever worked with a risk BowTie?

For those who haven’t, a risk BowTie is a diagram that visualizes the risk you are dealing with in one, easy to-understand picture - a simple and effective tool for communicating risk assessment results to employees at all levels.

The diagrams clearly display the links between the potential causes, preventative and mitigative controls and consequences of a major incident.

 

 

Here are 5 benefits of SharpCloud’s risk BowTie template:

1) You can create BowTie stories for every individual risk.

2) You can visualize the individual causes and the controls in place for each risk, and how they interconnect with one another.

3) You can explore the relationships between each data point and get a better understanding of the impact of a risk.

4) You can add additional data to help visualize the layers of complexity faced by risk managers today.

5) Clear visual presentation and a variety of flexible views make it easier than ever before to identify, assess and prioritize risk.

Find out how SharpCloud can bring your risk data to life and sign up today. Better risk visualization leads to more informed decisions.

Start working with this template

 

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