Risk Communication for Boards

Boards evaluate competitive intelligence through a risk lens. The format that works: Risk Description (one sentence), Probability Assessment (with confidence level), Impact Estimate (quantified to enterprise metrics), Current Mitigation (what is already being done), Recommended Action (specific, time-bound, resource-estimated), Residual Risk (what remains after mitigation). This six-element risk communication format maps directly to how board members process and discuss strategic threats. It enables the board to evaluate, prioritize, and approve responses without requiring additional analysis.

## Competitive Risk: [One-Line Description]

PROBABILITY: [HIGH/MED/LOW] — Confidence: [HIGH/MED/LOW]
IMPACT: [Quantified to enterprise metric]
TIME HORIZON: [When the impact materializes]

CURRENT MITIGATION:
• [Action already in progress]
• [Monitoring in place]

RECOMMENDED ACTION:
• [Specific action] — [Owner] — [Timeline] — [Est. cost]

RESIDUAL RISK: [What remains after recommended action]

BOARD DECISION REQUIRED: [Y/N] — [If Y, what decision]