Strategic Risk
- nicholasyeo8
- Apr 18, 2020
- 1 min read
Updated: Aug 7, 2020
Strategic Risk relates to the achievement of an organisation's overall strategic business plans and objectives. [Source: Institute and Faculty of Actuaries (IFoA) Enterprise Risk Management Specialist Principles (SP9) Core Reading]
Strategic Risks are risks from damage to reputation, competition, demographic trends, technological innovation, capital availability and regulatory trends. [Source: Society of Actuaries (SOA) Enterprise Risk Management Specialty Guide]
To find out more about risk management, click here
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