In this post by De-Risk, Keith Baxter explains the importance of strategic risk management.
Most companies have risk management processes in place, but there is too much focus on operational risk and not enough on strategic risk, De-Risk’s Keith Baxter tells Mark Stuart.
Strategic risks are, by definition, the risks that could threaten your business strategy. Keith Baxter, who runs De-Risk, a specialised consultancy that provides enterprise risk management solutions across all business sectors, says: ‘Fail to identify the strategic risks and you fail as a business, no matter how well you manage your operational and project risks.
Click here to read the rest at his blog http://de-risk.com/blog/?p=52