Risk profiling, also known as risk mapping, is a technique used to analyze a firm’s portfolio of risks. Innovative risk managers are using this tool as one way to identify risk exposures. The risk-profiling discipline and process gives risk managers the critical data they need in order to decide how to control, diversify, or hedge risks. One way to look at risk profiling is to view it as a visual way of depicting possible frequency and severity of organizational risks.

Nowadays, upper management expects risk managers to offer specific strategies for a continuum of uncertainties confronting organizations. Any major threat that falls within a risk manager’s blind spot can be job- and career-ending, including those that come out of left-field.

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