risk-register

To build a risk register for strategic planning, you need to identify risks based on your plan's assumptions and dependencies. The register then scores risks by likelihood and impact, categorizes them, and assigns mitigation owners to ensure structured board-level review.

Scoring and ranking strategic risks involves evaluating both likelihood and impact for each identified risk. Risks derived from a strategy's assumptions are categorized into strategic, execution, external, and financial types, then ranked to prioritize mitigation planning and resource allocation.

Identifying risks from strategy assumptions and dependencies requires analyzing the foundational elements of your strategic plan. By examining what must hold true for the strategy to succeed, you can systematically surface potential execution, financial, and external risks for your risk register.

Yes, you can automate risk mitigation planning by deriving risks from existing strategic assumptions. The process assigns mitigation owners, defines contingencies for top-ranked risks, and sets up leading indicators for early detection to maintain a continuously updated risk register.

Yes, risk management expertise is required to effectively build and maintain a strategic risk register. You also need access to relevant data sources to accurately identify, score, and mitigate risks based on the plan's underlying assumptions and dependencies.