Risk Management
Emerging Risks Radar
Horizon-scanned emerging risks scored on velocity and potential impact for early treatment.
Why an emerging risks radar matters
King IV expects the governing body to consider risks and opportunities on the horizon, not merely those already crystallised, and effective public-sector governance increasingly depends on anticipating disruptions to service delivery. Horizon-scanning emerging risks and scoring them on velocity and impact lets the institution treat threats while intervention is still cheap and feasible. AuditPro Core captures emerging risks on a velocity-and-impact radar so early treatment decisions are evidence-based rather than reactive.
The Numbers
AuditPro Core renders this view from your tenant's live, tamper-evident records. The figures below are illustrative sample data.
Emerging risks
12
High velocity
4
promote soon
Promoted this quarter
3
Under watch
9
Emerging risks by velocity x impact
Radar status
| Emerging risk | Velocity | Impact | Action |
|---|---|---|---|
| AI governance | 5 | 4 | Promote |
| Climate disclosure | 3 | 4 | Watch |
| Cyber ransomware | 5 | 5 | Promote |
| Supply concentration | 4 | 3 | Watch |
| Energy supply | 4 | 5 | Promote |
Figures shown are illustrative sample data for demonstration. AuditPro Core renders these views from your own tenant's live, tamper-evident records.
Horizon scanning
Horizon scanning is the structured search for risks not yet in the register but plausibly material in future. It complements the management of known risks by widening the field of view.
Velocity
Velocity is how quickly a risk could move from emerging to impactful. A high-velocity risk leaves little time to respond once it begins to materialise, justifying earlier preparation.
Potential impact
Impact estimates the consequence if the risk materialises. Scoring velocity and impact together prioritises risks that are both fast-moving and consequential for early treatment.
Early treatment economics
Acting on an emerging risk before it crystallises is usually far cheaper than responding after the fact. The radar exists to capture that window of low-cost intervention.
How AuditPro Core Bridges the Gap
- Horizon capture: emerging risks are logged before they enter the formal register, widening oversight's field of view.
- Velocity-impact scoring: each risk is scored on speed and consequence to prioritise early treatment.
- Escalation pathway: risks crossing scoring thresholds promote into the active register with an owner assigned.
- Traceability of judgement: each emerging risk records its source and rationale for governing-body review.
Key Takeaways
- Horizon scanning widens the view beyond already-crystallised risks.
- Velocity matters: fast-moving risks leave little response time.
- Score velocity and impact together to prioritise early treatment.
- Acting before crystallisation is usually far cheaper than reacting after.
See This on Your Own Data
AuditPro Core renders this dashboard from your tenant's live, tamper-evident records — every figure traceable to source.