NEW YORK (October 24, 2016) — While all strategy will entail some degree of risk, operating without a process to uncover and manage options and inform strategic choices is far riskier, according to a new RIMS Executive Report Bridging Strategy and Implementation with Strategic Risk Management.
Released at RIMS’ sixth annual Enterprise Risk Management Conference in Atlanta, the new report provides practitioners, from all sectors, with an overview of some of the leading approaches to understanding strategy and enhancing strategy implementation and performance. The report features examples of frameworks, tools, real case techniques and approaches applied to address strategy and execution gaps.
“When successfully deployed, a strategic risk management approach can evoke meaningful conversations that lead to enhanced performance and positive organizational changes,” said RIMS Vice President of Strategic Initiatives Carol Fox. “There has never been a better time or more compelling reason for risk professionals to embrace strategic risk management’s advantages and demonstrate our ability to unlock unrealized potential.”
RIMS Executive Report Bridging Strategy and Implementation with Strategic Risk Management is authored by Monica Merrifield who is vice president of risk intelligence at YMCA of Greater Toronto and vice-chair of RIMS Strategic Risk Management Council. The report is available in RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.