Purchase Solution

assessing risk in developing a strategic plan

Not what you're looking for?

Ask Custom Question

- Against what criteria should one assess risk in development of a strategic plan?
- If some of the key assumptions fail to materialize, what midcourse corrections can be taken to get the plan back on track?
- What are some examples of qualitative success indicators and how can they be incorporated into the plan?

Purchase this Solution

Solution Summary

This solution discusses risk assessment during strategic planning.

Solution Preview

Against what criteria should one assess risk in development of a strategic plan?

One assesses risk based on probability of the event occuring matched with its seriousness of impact on the plan. One creates contingency plans to prepare.

If some of the key assumptions fail to materialize, ...

Purchase this Solution


Free BrainMass Quizzes
Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Income Streams

In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce