The strategic risk most often missed by Boards and Executives

The strategic risk most often overlooked by Boards and Executives


I recently came across an article written by Deloitte Consulting entitled: ” Confronting assumptions to find risk and opportunity”. The slightly ponderous heading and somewhat academic style of writing however, did not manage to hide a number of excellent thoughts and ideas.

The attached document summarises those ideas and builds upon them to suggest a tool to reduce the likelihood of succumbing to that risk.

Strategic risk most often overlooked by Boards and Executives

 

Original article “confronting assumptions to find risk and opportunity”.

 

Stress test your strategy

What critical decisions should you be taking to keep your strategy relevant in the economic crisis?

Executive summary of an article by Robert Simons, published in November 2010 edition of the Harvard Business Review.

Economic turbulence can quickly expose the weaknesses in a business strategy. To refine and hone it to adapt to the new circumstances requires us to make some tough strategic decisions. Robert Simons in his book “seven strategy questions: a simple approach to better execution” puts forward seven questions that we should be asking when undertaking a stress-test of our strategy.

Stress test your strategy

La prueba de esfuerzo de la estrategia