Build it. Develop it. Improve it. Your business needs a sustainable risk management framework that is as forward-thinking as your goals.
Strategic risk refers to the potential negative impact on a business’s strategic objectives and overall direction. It arises from various sources, including changes in the competitive landscape, ...
Leaders often view strategy and risk as separate entities—strategy is celebrated in boardrooms, while risk is delegated to compliance teams. This artificial separation undermines both disciplines.
This is consistent with the first step in developing strategic risk management in an organization: to understand the business strategy and the related risks as described in the Strategic Risk ...
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