Risk Matrix Template

This simple, ready to use Risk Matrix template provides a practical starting point for visualizing and prioritizing risks based on their probability and impact, as illustrated in the matrix. Using a color coded scale (Low, Medium, High, Extreme), the template helps organizations quickly identify risk severity and focus management attention where it matters most. The PowerPoint based format template enables fast setup and structured analysis, making it suitable for organizations of all sizes.

When to use:
At the early stages of strategy formulation, during strategy refresh cycles, or when overseeing ongoing operations, major initiatives, expansion programs, or regulatory and compliance activities.

How to use:
Systematically identify operational, financial, commercial, technological, and regulatory (OFCTR) risks relevant to the business. Assess each risk by scoring probability and impact, then plot it on the Risk Matrix to determine its overall risk level. Use the matrix to guide prioritization and select appropriate response options (avoid, reduce, transfer, share or accept). This is best done through cross functional workshops involving strategy, risk management, operations, supply chain, IT, finance, and compliance teams. The template is supported by a guided framework explaining scoring, thresholds, and escalation rules.

Outcome:
Develop a shared, visual, and evidence based view of supermarket risks to support prioritization, risk response planning, accountability, and continuous monitoring across the strategy and execution lifecycle.