The Here and Now:
Cyber-attacks
Regulations
Around the Corner:
Talent avaialbity
Fiscal crises, sustainability demands and social instability
On the Horizon:
Climate change, water crises, large scale involuntary migrations.Emerging technologies
Strategy is about making choices. Think about:
What creates Value in your organization?
How is value Captured?
How is Strategy set, communicated and executed?
What is the actual Attitude towards risk management?
Does the organization's Culture support a strategic risk management approach?
Good Decision making steps:
1. Frame: issue/need defined
2. Doable alternatives
3. Meaningful, reliable informaiton
4. Developing options
5. Clear values and trade-offs
6. Logically, correct reasoning
7. Acting on the decision
Strategic Risk Management (SRM) is a business discipline that drives deliberation and action regarding uncertainties and untapped opportunities that affect an organization's strategy and strategy execution.
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