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What is the Wintering Crisis Matrix?
The Interlink Crisis Matrix, or simply “crisis matrix”, designed by Klaus Winterling, is an analytical tool that categorizes risk along two parameters:
- Probability of Occurrence – The matrix identifies three levels of probability – low, medium, and high.
- Effects of the Risk – This concerns the impact if the uncertain event were to occur. The matrix defines three levels of effect – negative, threatening, and destructive.
The amount of attention and effort that should be invested in managing the potential occurrence rises as the probability of occurrence rises. Also, occurrences with a greater effect should be given more attention at lower probabilities of occurrence.