A New Strategic Risk Reduction For Risk Management

Abstract

Risk Management is one of the key cares of any organization strategic management; proper benefit of risk management is finding risks and their solutions. In this article, we will suggest a new Strategic Risk Reduction technique for producing optimal risk reduction strategies; which reduce risk exposure for expected income by allowing several countermeasures per risk rather than one countermeasure as previous works did. Our Strategic Risk Reduction will be optimized using Ant Colony Optimization approach.

Keywords

• Strategic Risk Reduction
• Strategic Method
• Defect Detection and Prevention
• Risk Reduction Leverage
• Ant Colony Optimization