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Navigating Strategic Decisions
book

Navigating Strategic Decisions

by John E. Triantis
June 2013
Intermediate to advanced content levelIntermediate to advanced
436 pages
19h 39m
English
Productivity Press
Content preview from Navigating Strategic Decisions
237
14
Uncertainty and Risk
Management
Risk is present in every strategic decision due to, among other factors, the long timelines involved
in strategic projects. There are several denitions of risk and they vary by application and situation
and so is the case with uncertainty. In fact, risk and uncertainty are incorrectly used interchange-
ably to describe lack of clarity, predictability, and potential for loss. Also, risk management and
contingency planning are considered the same. The prevailing view is that risk is a problem that can
be avoided or mitigated, while another view describes risk as a situation that could lead to adverse
consequences ...
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Publisher Resources

ISBN: 9781466585997