Slyotzky & Drzik

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Author:
Esaie
ID:
26419
Filename:
Slyotzky & Drzik
Updated:
2010-07-12 08:52:09
Tags:
Exam6
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  1. 7 Strategic Risks and Their Countermeasures
    • Industry margin squeeze: shift the compete / collaborate ratio
    • Technology shift: double bet
    • Brand erosion: redefine the scope of brand investment
    • One-of-a-kind competitor: create new, non-overlapping business design
    • Customer priority shift: conduct quick and cheap market expriments
    • New-project failure: Engage in smart sequencing, excess options, stepping stone method
    • Market stagnation: generate demand innovation
  2. 6 Steps to Manage Strategic Risk
    • 1. Identify and assess your risks
    • 2. Map your risks to see company's entire risk profi le
    • 3. Quantify your risks
    • 4. Identify the potential upside for each risk
    • 5. Develop risk mitigation action plans
    • 6. Adjust your capital decisions accordingly
  3. 4 Things to Consider When Assessing Risks
    • 1. Severity
    • 2. Probability
    • 3. Timing
    • 4. Changing probability over time

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