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Glossary

Board risk reporting

Reporting risk to a board or executive committee in a form it can act on.

What it means

Board risk reporting condenses a large and uneven body of information into something a non-specialist committee can govern with. The recurring failures are familiar: a heat map that never changes, a pack assembled by hand each cycle, and a report that describes position without asking the board to decide anything.

A board pack earns its place when it names what moved, what did not, and the decision now required.

Where MyRISK fits

What we do about it

The Essentials monthly pack is built around exactly that: what changed, what closed with evidence attached, what aged, what is blocked, and the one decision the meeting is being asked to make. Where the board's question is about a decision already taken, that is Trace.

MyRISK Essentials

Is this the thing you are actually trying to fix?

A definition rarely settles it. Tell us what happened — the request, the finding, the challenge or the incident — and we will say where to start, or that it isn't us.