In this post by De-Risk, Keith Baxter explains the importance of strategic risk management.
He writes:
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