What BSC dimension does the goal "Managed business risk" belong to?

The goal "Managed business risk" belongs to the Financial dimension of the Balanced Scorecard (BSC). This is because managing business risk directly influences the financial health and sustainability of an organization. Effective risk management can lead to reduced costs associated with unforeseen events, improved resource allocation, and increased stakeholder confidence, all of which contribute to better financial performance.

In the context of the Balanced Scorecard, the Financial dimension focuses on clearly defined financial objectives and measurements that are crucial for assessing the organizational strategy's effectiveness in delivering value and maximizing shareholder return. Therefore, aligning risk management with financial goals allows organizations to not only protect their assets but also to capitalize on opportunities that emerge from a well-managed risk environment.