Time Spent Identifying and Assessing Strategic Risks

Published On:
January 24, 2022
Authored By:
APQC
Public Content:
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Whether it comes in the form of a major supply chain disruption, a failed business venture, or a massive cyber-attack, strategic risk cuts right to the heart of an organization’s ability to execute its strategy or continue its business operations. This infographic reviews APQC’s benchmarking data on the average amount of time that organizations spend identifying and assessing strategic risk, finding that top performers spend 75 percent more time on this critical activity than bottom performers. The infographic also provides a framework with steps that many leading organizations use to identify, assess, prioritize, and continuously monitor strategic risk effectively.