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Strategic Risk Management |
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Definition: Strategic Risk Management is the identification, assessment, and prioritization of strategic (major) risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. |
More on strategic risk management. More on business strategy: 3C's Model of Ohmae, Ansoff Matrix, Business Continuity Planning, Business Model, Business Objective, more... |
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