The outcomes are
Link risk management to strategy formulation and execution
Install and operate an enterprise risk management system
Recognize, assess, and manage risks from uncontrollable events caused by macroeconomic shifts, political disruptions, natural disasters, and global pandemics
Respond to reputational and brand risks including ones that have to do with cybersecurity threats and data breaches
Set priorities and establish funding for risk mitigation initiatives
Manage the tension between innovation and risk management