Comments on: Strategic Risk as an Element of Operational Risk

By: Gucci Shoes

Gucci Shoes — Thu, 17 Jun 2010 09:42:03 +0000

Thanks for publishing. This was essential for a paper I am writing for my thesis.

By: Reggis Cleanar

Reggis Cleanar — Mon, 14 Jun 2010 21:46:27 +0000

Great article, very useful …thanks

By: Exploring Enterprise Risk Management and Organizational Culture: Part One | ClearRisk Blog | Risk Management Information

Tue, 26 Jan 2010 18:16:05 +0000

[...] Strategic Risk as an Element of Operational Risk [...]

By: deddy jacobus

deddy jacobus — Mon, 11 Jan 2010 08:18:10 +0000

Yes, strategy formulation is the function of the corporate board and top management. But then it follows with structure and other type of executions. Good strategy will fail when it is poorly executed. Poor strategy may success if the execution process consists of the capability of the organization to adapt itself with the changes including a timely response to a poor strategy. From that point of view, it is sound to view strategy as part of the operational risk both its hardside (people, system, etc) and softside (culture, values, integrity) aspects. All these aspects can tell us clearly whether a strategy will succeed or fail either on the formulation or execution level.

By: Jan

Jan — Sun, 20 Dec 2009 22:58:54 +0000

Thanks for a clarifying post. I think you hit the nail on the head when you pointed out the difference between managing strategic risk and managing risks strategically. I haven’t thought of strategic (and operational) risks in this way…so thanks for that. And you’ve given me a couple of references I will spend the Christmas holidays on reading.