An organization is considering the adoption of an aggressive business strategy to achieve desired growth From a risk management perspective what should the risk practitioner do NEXT?

An aggressive business strategy inherently introduces changes in operations, processes, or technologies, which can lead to new vulnerabilities and exposures. Identifying these new threats is the crucial first step in the risk management process to understand the expanded risk landscape before any further action can be taken.

Updating risk awareness training is a subsequent step after new risks have been identified and the risk appetite/tolerance has been re-evaluated, not the immediate next action.

Informing the board is an important communication step, but it typically occurs after new risks have been initially identified and assessed, providing concrete scenarios rather than just a general warning.

Increasing the scale for measuring impact might be necessary eventually, but it's a modification to the risk assessment framework, not the immediate action to address new risks from a new strategy.