Orion strategy process | Information Systems homework help

Risk management is the process of identifying risks and determining  their probability of occurrence and the associated costs. In many  organizations, risk management is not emphasized to the extent that best  practices might dictate. If a risk has a high probability of occurring  and a high cost associated with it, the organization should attempt to  mitigate that risk. 

  • What are some of the ways the Orion Strategy Process helps minimize risk?
  • Why do many organizations choose not to implement this process?
  • What is one reason the cost and infrastructure  overhead of implementing the Orion Strategy Process might be worth the  benefits? What is one reason it might not?
  • Without performing all of the steps within the Orion Strategy Process, suggest another way to achieve similar results.

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