Written By: Harvard
Business Review
April: 2005
Summary
Organizations face a unique set of strategic Risks based on
factor like industry competitive position, source of revenue and profit this
process can be conducted on its own or as the fourth component in management
system.
Identify and assess your risk, consider the key Risks and face in
seven main categories of strategic risk like industry technology, brand
competitor, customer project.
What percentage of your company’s value would be affected by a
risk? Industry as well as factor specific to your business that could increase
or decrease the business risk.
Risk mitigation action plans should be developed so that
strategic risks could be controlled.
0 comments:
Post a Comment