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Risk Identification and Assessment

ERM Tool: Understanding the Organization’s Core Strategic Drivers

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Core Strategic Drivers

An effective ERM program should be one that provides significant value by highlighting risks that might emerge and impact what drives strategic success for the enterprise. However, to anticipate risks that might be strategically important to the organization, business leaders need to have a clear and consistent understanding of what is strategically most important to the organization’s success.

That requires a high-level understanding of what currently drives strategic value for the enterprise today and what future initiatives and tactics are in the strategic plan that the organization will be working on to enhance strategic value in the future. This tool is designed to help business leaders pinpoint its most important strategic activities.

For more tools and templates, visit our ERM Resource Center.