TY  - JOUR
AB  - This article outlines a practical set of four challenges to senior management who wish to quickly self assess the “fitness” of their organization to manage risk. These four challenges arise from the business and project risk environment in the context of organizational and personal attitudes to risk: Do we understand the shareholder value risks of our strategy choices? Do we understand the risks that our structure and processes pose for implementation of chosen strategies? Is the risk appetite of the organization consistent with the risk appetite of our staff? Are we confident that our staff are effective and efficient in reacting to, and dealing with, risk? The four challenges offered in this paper will enable senior managers to broadly self‐assess an organization’s ability to manage risk as both a value‐creating opportunity as well as a value‐protecting activity.
VL  - 4
IS  - 4
SN  - 1472-0701
DO  - 10.1108/14720700410558899
UR  - https://doi.org/10.1108/14720700410558899
AU  - Kendrick Terry
PY  - 2004
Y1  - 2004/01/01
TI  - Strategic risk: am I doing ok?
T2  - Corporate Governance: The international journal of business in society
PB  - Emerald Group Publishing Limited
SP  - 69
EP  - 77
Y2  - 2024/04/18
ER  -