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ERM and Strategy

ERM Tool: Using Strategic Risk Analysis to Identify Potential Risks to Strategic Initiatives

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Using Strategic Risk Analysis to Identify Potential Risks to Strategic Initiatives

This template can be used to help business leaders identify potential risks that might impact the success of an important existing core business driver or new strategic initiative.

  • An example of a core business driver may be that the entity is known for providing top-notch customer service and would like to protect and enhance that competitive advantage.
  • An example of a new strategic initiative may be that the entity is hoping to expand its online offerings beyond what it provides today.

This tool could be used to help business leaders analyze the risk to either one of these important aspects of their business.

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