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    assessing risk in developing a strategic plan

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    - 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?

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    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, ...

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    This solution discusses risk assessment during strategic planning.

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