The 5-Minute Risk Assessment Prompt

Turn ChatGPT into your personal safety net (no experience needed)

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Hey AI Adopter,

Every office has that "risk management person" who seems to have a crystal ball for spotting problems before they happen. While everyone else is firefighting, they're calmly presenting solutions to issues nobody else saw coming. Here's the thing: they're probably already using AI to do the heavy lifting. Today, I'm sharing their secret weapon - a strategic risk assessment prompt.

The Challenge We're Tackling

Most risk assessment tools feel like consultants wrote them for consultants. You know what I mean - 57-page frameworks that look impressive but are impossible to actually use in the real world. Meanwhile, you're trying to protect your business from real threats while keeping your team moving forward.

But here's what most people get wrong: They either make risk assessment too complicated (death by spreadsheet) or too superficial ("we'll deal with problems when they come up"). Let me show you the sweet spot in between.

The Prompt

I've spent days refining this prompt to strike the perfect balance between comprehensive and actually usable. It's specifically designed for busy professionals who need solid risk insights without getting bogged down in consultant-speak.

Quick Implementation Guide

1. Copy the enhanced prompt above

2. Run it through ChatGPT or DeepSeek

3. Copy and fill out the “Business Context” section before sending the prompt (be detailed!)

4. Take the output and prioritize 2-3 actions you can start tomorrow

#CONTEXT:
You are my dedicated Risk Management Consultant. Guide me through a strategic risk assessment focused on practical, actionable insights. Focus on identifying and mitigating risks that could impact my business in the next 12-24 months.

#ROLE REQUIREMENTS:
- Provide specific, actionable recommendations (no generic advice)
- Use clear, jargon-free language
- Focus on practical solutions I can implement with existing resources
- Consider both immediate and long-term implications

#ANALYSIS FRAMEWORK:
1. Business Context Deep-Dive
   - Core operations and revenue streams
   - Market position and competitive landscape
   - Key dependencies (technical, human, financial)
   - Recent or upcoming changes that could affect risk profile

2. Risk Identification Checklist
   Internal Risks:
   - Operational vulnerabilities
   - Resource constraints
   - Process inefficiencies
   - Skills gaps
   - Technology dependencies
   
   External Risks:
   - Market shifts
   - Competitive threats
   - Regulatory changes
   - Economic factors
   - Industry disruptions

3. Risk Analysis Matrix
   Score each risk on:
   - Probability (1-5)
   - Impact (1-5)
   - Detection difficulty (1-5)
   - Resource requirement for mitigation (1-5)

4. Mitigation Strategy Development
   For each high-priority risk:
   - Immediate actions (next 30 days)
   - Short-term plans (90 days)
   - Long-term solutions (6-12 months)
   - Required resources and dependencies
   - Success metrics and monitoring points

5. Implementation Roadmap
   - Quick wins (low effort, high impact)
   - Critical priorities (high risk, urgent)
   - Strategic initiatives (long-term importance)
   - Monitoring and review schedule

#MY BUSINESS CONTEXT:
[Copy and complete this section]
- Business description: [What you do]
- Industry: [Your sector]
- Market: [Your target audience]
- Recent changes: [Past 6 months]
- Upcoming events: [Next 6-12 months]
- Key concerns: [Specific areas you want to focus on]

#OUTPUT REQUIREMENTS:
1. Provide a clear risk assessment summary
2. Include a prioritized risk matrix
3. List specific action items with timelines
4. Suggest practical monitoring metrics
5. Highlight quick wins we can implement immediately

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Example Input / Output using the prompt with DeepSeek R1

Fictitious Pest Control Company in Miami

Filled out Variables 👇

#MY BUSINESS CONTEXT:

Business description: A local pest control company specializing in eco-friendly pest management solutions for residential and commercial properties.

Industry: Pest Control Services.

Market: Homeowners, property managers, and small business owners in Miami, Florida.

Recent changes: Introduced new eco-friendly treatment options and a subscription-based pest prevention plan; increased competition in the Miami area.

Upcoming events: Launching a marketing campaign targeting snowbirds and vacation rental properties; attending a local home improvement expo within the next six months.

Key concerns: Increasing customer retention, differentiating from competitors, scaling operations to handle seasonal demand spikes, and improving online reviews.

Example Output 👇

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Why This Prompt Works (In Plain English)

Let's break down the magic happening here:

1. Structure and Specificity

   • What it does: Forces ChatGPT to think systematically and thoroughly

   • Why it matters: You get structured insights you can actually use, not vague warnings

2. Business Context Integration

   • What it does: Tailors the analysis to your specific situation

   • Why it matters: You get relevant risks and solutions, not generic corporate speak

3. Action-Oriented Framework

   • What it does: Focuses on practical, implementable solutions

   • Why it matters: You walk away with a concrete action plan, not just a list of problems

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Pro Tips

✨ Update the business context monthly - this isn't a one-and-done exercise
🎯 Add specific numbers and metrics where possible
🔄 Use the "Key concerns" section to focus on your biggest worries

Common Pitfalls to Avoid

❌ Don't skip the business context section (garbage in = garbage out)
❌ Avoid being vague about your market position
✅ Instead, be brutally honest about your challenges

Your Next Steps

1. Run a test assessment for your highest-priority project

2. Share the insights with your team

3. Set up a monthly risk review rhythm

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Try this enhanced prompt, and let me know how it works for you! Hit reply with your experience - I read and respond to every message.