05/12/2023
Pre-Work Assignment for Upcoming Workshop
Objective: Your task is to identify and suggest improvements in risk management within a strategic plan.
Review a Sample Strategic Plan
Overview: We have provided a sample strategic plan for XYZ Company for 2024. This document is intentionally crafted to include suboptimal risk management practices. It's a realistic representation of a strategic plan but has clear deficiencies in addressing potential risks.
Guidance for Review
Your Role: As a participant, you are encouraged to:
- Identify Risk Management Gaps:
- Look for areas where risks are not adequately addressed or are completely overlooked.
- Focus on both internal and external risks that might affect the strategy's implementation.
- Evaluate the Impact:
- Think about how these unaddressed risks could impact the overall success of the plan.
Questions to Ponder
As you review the document, consider the following questions:
- Identifying Oversights:
- What are the most glaring risk management oversights in this plan?
- Assessing Impact: