January 2020
Intermediate to advanced
256 pages
7h 2m
English
book
Strategic Risk Management
by Paul C. Godfrey, Emanuel Lauria, John Bugalla Bugalla, Kristina Narvaez
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CHAPTER 6
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.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.