SRM at Ground Level: What Tools to Analyze and Manage Strategic Risks

This chapter presents three core tools for the strategic risk management team to use. The first, scenario planning, helps leaders understand how weak signals might evolve and become strategic risks. The second, wargaming, allows them to examine a particular manifestation of a future scenario and see how they, and other important stakeholders, might respond. With knowledge of possible and probable responses, teams employ the third tool, the Risk Ownership Map, to actively manage strategic risks.


Ole Kirk Christiansen founded the LEGO company in 1932 to market his high-quality ...

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