What is the PRIMARY goal of a corporate risk management program?

The primary goal of a corporate risk management program is to ensure that stated objectives are achieved. This encompasses the entire spectrum of risks the organization might face, including operational, financial, strategic, compliance, and reputational risks. By effectively managing these risks, the organization can better position itself to meet its goals and objectives in a sustainable manner.

Achieving organizational objectives requires a comprehensive understanding of risks and implementing appropriate strategies to mitigate those risks. A successful risk management program aligns with the overall mission and strategy of the organization, enabling decision-makers to take informed risks that support business growth and operational efficiency.

While other aspects like protecting IT assets, addressing business risks through preventive controls, and ensuring IT systems' availability are important components of risk management, they serve as means to a larger end. The ultimate aim is to enable the organization to successfully meet its objectives while navigating the inherent uncertainties present in any business environment.