When Strategy Execution Marries Risk Management: A Practical Guide to Manage Strategy-to-Execution Risk
By Patrick Ow
()
Currently unavailable
Currently unavailable
About this ebook
Strategy execution and risk management are intrinsically intertwined for managing strategy-to-execution risk. This practical guide describes how risk management is an inseparable guidance and control system that will enable organisations to articulate and achieve their strategic objectives and execute their chosen corporate strategy within acceptable levels of risk.
When risk management 'marries' (or is joined to) strategy execution, both management practices are united into one seamless or integrated management activity. This oneness or integration with a common purpose of achieving strategic objectives is vital for organisations to successfully execute their corporate strategy, perform well beyond expectations, and continuously meet their profitability forecast and organisational growth.
"Strategies are approved but poorly communicated. This, in turn, makes the translation of strategy into specific actions and resource plans all but impossible. Lower levels don't know what they need to do, when they need to do it, or what resources will be required to deliver the performance senior management expects. Consequently, the expected results never materialise. And because no one is held responsible for the shortfall, the cycle of under-performance gets repeated, often for many years." (Mankins and Steele, 2005)
Patrick Ow
Patrick Ow CA Risk SpecialistRisk & Performance Management Specialist | Corporate & Personal Trainer & Coach at PracticalRiskTraining.com | Corporate Planning | Strategy Execution | Business Continuity | Workshop FacilitatorHelping organisations and individuals make better decisions to achieve better results.Professional profile• A Chartered Accountant with 25+ years of experience in governance, management, risk and performance.• Worked in public sector, not-for-profit and for-profit organisations with budgets of up to AUD25 billion and a workforce of up to 12,000 employees.• Adept in helping organisations and individuals make better decisions to achieve better outcomes and results.• Strengths in big-picture strategic thinking and strategy translation and execution.• Recognised for being practical, understanding of issues and knowing what to achieve.• Proven track record for encouraging open discussions in a friendly and trustworthy manner.• Managed a team of up to four professionals and influencing stakeholders for action.To learn more about how I help corporate executives and individuals, go to Practicalrisktraining.com or email patrick@practicalrisktraining.com.
Read more from Patrick Ow
Tailor Your Call, Resume, Letter, Proposal, Follow-Up, and Linkedin Profile to Fit Any Advertised Job Rating: 5 out of 5 stars5/5Things Parents Wish They Knew Earlier: The Family Risk Management Handbook of Practical Solutions for Life’s Challenges Rating: 0 out of 5 stars0 ratingsStrategic Risk Management Reimagined: How to Improve Performance and Strategy Execution Rating: 0 out of 5 stars0 ratingsCreate a Better Future: Plan to Succeed in Life Rating: 0 out of 5 stars0 ratingsOvercome Your Career Risks and 150+ Workplace Challenges: The Career Risk Management Handbook Rating: 0 out of 5 stars0 ratingsWhich Course and Career is Right for Me? Rating: 0 out of 5 stars0 ratingsHow to Improve the Performance of Collaborations, Joint Ventures, and Strategic Alliances: The Shared Risk Management Handbook Rating: 0 out of 5 stars0 ratings
Related to When Strategy Execution Marries Risk Management
Related ebooks
Security Leader Insights for Risk Management: Lessons and Strategies from Leading Security Professionals Rating: 0 out of 5 stars0 ratingsBeing Strategic: Strategy-specific Project Management in Times of Crisis Rating: 0 out of 5 stars0 ratingsThe Certified Risk Management Officer Rating: 0 out of 5 stars0 ratingsA Risk Management Approach to Business Continuity: Aligning Business Continuity and Corporate Governance Rating: 0 out of 5 stars0 ratingsBusiness Continuity Planning: A Step-by-Step Guide With Planning Forms Rating: 0 out of 5 stars0 ratingsBuilding a Corporate Culture of Security: Strategies for Strengthening Organizational Resiliency Rating: 0 out of 5 stars0 ratingsSolving for Project Risk Management: Understanding the Critical Role of Uncertainty in Project Management Rating: 0 out of 5 stars0 ratingsBusiness Continuity: Playbook Rating: 0 out of 5 stars0 ratingsThe Certified Operational Risk Manager Rating: 0 out of 5 stars0 ratingsBusiness Continuity Management: Choosing to Survive Rating: 3 out of 5 stars3/5Strategy Implementation and Control Rating: 5 out of 5 stars5/5Business Model Renewal: How to Grow and Prosper by Defying Best Practices and Reinventing Your Strategy Rating: 0 out of 5 stars0 ratingsNine Practices of the Successful Security Leader: Research Report Rating: 0 out of 5 stars0 ratingsInnovation Framework A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsRisk Appetite Best Practice A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsStrategic Risk Management: New Tools for Competitive Advantage in an Uncertain Age Rating: 0 out of 5 stars0 ratingsBusiness Impact Analysis BIA The Ultimate Step-By-Step Guide Rating: 0 out of 5 stars0 ratingsTotal Information Risk Management: Maximizing the Value of Data and Information Assets Rating: 0 out of 5 stars0 ratingsCOSO ERM Standard Requirements Rating: 0 out of 5 stars0 ratingsEnterprise Risk Management Consulting A Complete Guide - 2021 Edition Rating: 0 out of 5 stars0 ratingsIT Risk Management A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsEnterprise Risk Management A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsRisk Metrics A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsChange management auditing A Complete Guide Rating: 0 out of 5 stars0 ratingsProduct Portfolio Management A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsOperating model A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsEnterprise Risk Management: A Common Framework for the Entire Organization Rating: 5 out of 5 stars5/53rd Party Risk Management A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsGovernance Risk And Compliance A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratingsCOSO A Complete Guide - 2020 Edition Rating: 0 out of 5 stars0 ratings
Business For You
Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Collaborating with the Enemy: How to Work with People You Don’t Agree with or Like or Trust Rating: 4 out of 5 stars4/5Lying Rating: 4 out of 5 stars4/5Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Leadership and Self-Deception: Getting out of the Box Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5High Conflict: Why We Get Trapped and How We Get Out Rating: 4 out of 5 stars4/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5Emotional Intelligence: Exploring the Most Powerful Intelligence Ever Discovered Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Summary of Eve Rodsky's Fair Play Rating: 2 out of 5 stars2/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5
Reviews for When Strategy Execution Marries Risk Management
0 ratings0 reviews