Abstract
This entry discusses the evolving body of knowledge in strategic risk management which is at the intersection of strategy, strategy execution and risk management. In the area of strategy, we discuss the relationship between strategy and risk and the lessons from high-performance companies in managing the opportunities and threats in forces of change. In strategy execution we discuss how risk management can be embedded in strategy setting and strategy execution. We also present examples of how organizations have integrated strategic risk management within the organization and have developed it as a core competency.
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Frigo, M.L. (2018). Strategic Risk Management. In: Augier, M., Teece, D.J. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-00772-8_522
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DOI: https://doi.org/10.1057/978-1-137-00772-8_522
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