risk intelligence (RQ)
Risk intelligence (RQ) is the ability of an organization to gather information that will successfully identify uncertainties in the workplace.
An important goal of risk intelligence is to help the organization achieve a competitive advantage. Organizations with high risk intelligence tend to make more informed business and security decisions than those with low RQ.
Financial executive and Columbia University professor Leo Tilman defined risk intelligence in his 2012 book, Risk Intelligence: A Bedrock of Dynamism and Lasting Value Creation. According to Tilman, risk intelligence is "the organizational ability to think holistically about risk and uncertainty, speak a common risk language and effectively use forward-looking risk concepts and tools in making better decisions, alleviating threats, capitalizing on opportunities and creating lasting value."
