Business Pitch Dictionary by pitch.dog
Enterprise risk & controls · Core

Issue

Also called: risk issue

ELI5

A problem or control failure that has occurred and requires management.

Used in conversation

“Can we separate the likelihood of issue from its potential impact?”

Pitch context

You will see “Issue” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.