Consequences are the possible harm resulting from a risk event occurring including loss, injury, or other adverse or unwelcome circumstance.
The use of Level 1 consequences is just a convenient grouping.
| Level 1 Consequences | Level 2 Consequences |
|---|---|
| Operations | Reduced growth |
| Business Disruption | |
| Ineffective Change | |
| Slow recovery | |
| Reduced access to staff / skills | |
| Loss of suppliers | |
| Environmental harm | |
| Safety failure | |
| Social harm | |
| Medical harm | |
| Compliance | Non-compliance |
| Poor conduct / integrity | |
| Damaged regulator relations | |
| Regulatory fines | |
| Legal challenge | |
| Financial | Theft of money |
| Unplanned costs | |
| increased costs / inefficiency | |
| Strategic | Damaged reputation |
| Embarrassing reporting | |
| Damaged investor relations |