Part VII

Risk Management

Chapter 17

Scenario Event Identification

About This Chapter

Chapter 17 begins our review of the risk management section by providing an overview of the discipline and then focusing on its initial activity—in other words, scenario identification. By definition, the risk management section must appear at the end of a business plan because it is designed to help organizations anticipate, prevent, and respond to crises that disrupt plan implementation activities.

Thus, in this chapter, we discuss the four fundamental questions of risk management, each one representing an activity to be undertaken at the conclusion of the planning process. We then proceed to review the activity of scenario event identification; it requires ...

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