An introduction to Strategic Risk and to its leadership and governance implications.
THE BIGGEST RISK OF ALL
Strategic Risk is the “biggest risk of all” and the principal cause of shareholder value destruction. It is also often poorly understood and therefore poorly managed, with potentially catastrophic consequences.
Strategic Risk emerges from changes in context, and change itself is changing: a new paradigm is required, one better suited to decision making in conditions of extreme uncertainty. It calls for a constant, qualitative leadership judgement to understand the relevance of the future; and it needs a robust process to resolve the uncertainty and to renew the identity of the organisation.
How well Strategic Risk is understood and dealt with is one of the key benchmarks of good stewardship and entrepreneurship.
WHAT IS STRATEGIC RISK?
An introductory workshop with a Strategic Risk Thought Leader lasting from 2 hours to 1 day, involving interactive leadership reflection on the effects of complexity and ambiguity, and a structured approach to resolving strategic uncertainty.
WHO CAN BENEFIT FROM THIS EXPERIENCE?
Governance systems, leadership cadres, executive teams and innovation functions who are looking to learn how Strategic Risk can be understood, managed and leveraged to assure resilience and induce renewal.