Risk maturity model

A Risk Maturity Model is a way organizations assess how well they identify, manage, and respond to risks. It shows the progress from basic, often ad hoc risk practices, to a mature, integrated approach where risk management is part of everyday decision-making. Think of it as a scale from beginner to expert, helping organizations understand where they stand and what steps to take to improve their ability to handle uncertainties confidently and effectively. It promotes continuous growth, ensuring risks are managed proactively rather than reactively.