The use of business intelligence can help mitigate specific risks, ranging from external to internal and from financial to reputational. In an opinion article published in Spanish financial magazine Estrategia Financiera (February 2016), Elisabet Albareda, senior director and deputy head of K2 Intelligence Madrid, explains the benefits of a holistic intelligence approach to corporate risk management, given that organizations are often exposed to several interrelated risks at a time.
Using a case study featuring a company exposed to a series of business threats detected and mitigated by making use of a holistic analysis, Elisabet demonstrates that processes applied on a global level are essential to businesses, while poor risk management may result not only in economic loss, but also in significant reputational damage.
Read the full article. (Estrategia Financiera is a Spanish-language publication.)