STRATEGY EXECUTIONStrategic Risk Management

1. Assume you are presenting (as a consultant) the concept of Strategic Risk Management to the executive team at a company that is considering implementing it for strategy execution. The pre-reads for the session included Strategic Risk Assessment Frameworks: A Guidebook for Management Teams Mark L. Frigo and Ricard J. Anderson 2017 and Creating and Protecting Value: Understanding and Implementing ERM Anderson and Frigo (COSO 2020), The CEO asks the following question: What are the primary benefits of Strategic Risk Management and Strategic Risk Assessment? In one short paragraph, please describe how you would reply to this question.

2. Situation: Assume you are presenting (as a consultant) the concept of Strategic Risk Management to the executive team at a company that is considering implementing it for strategy execution. One of the pre-reads for the session is Strategic Risk Management Excerpt from Strategic Analysis IMA SMA 2020 Frigo and Krumwiede, the CFO asks the following question: What are the strengths and limitations of Strategic Risk Management? In one short paragraph, please describe how you would reply to this question.

3. Situation: Assume you are presenting (as a consultant) the concept of Strategic Risk Management to the executive team at a company that is considering implementing it for strategy execution. One of the pre-reads for the session is Strategic Risk Management Excerpt from Strategic Analysis IMA SMA 2020 Frigo and Krumwiede, the CFO asks the following question: What role can CFOs play in Strategic Risk Management? In one short paragraph, please describe how you would reply to this question.

4. For one of the following companies (UPS, Microsoft, Coca-Cola, McDonalds, Harley-Davidson, Southwest Airlines, Abbott, Marriott International), applying the DuPont ROI model, please describe in one short paragraph the top strategic risks of the company using the Strategic Risk Management framework described in Strategic Risk Assessment Frameworks: A Guidebook for Management Teams Mark L. Frigo and Ricard J. Anderson 2017 and Creating and Protecting Value: Understanding and Implementing ERM Anderson and Frigo (COSO 2020).

5. For one of the following companies (UPS, Microsoft, Coca-Cola, McDonalds, Harley-Davidson, Southwest Airlines, Abbott, Marriott International), applying the DuPont ROI model, please describe in one short paragraph what Genuine Assets are at risk of the company using the Strategic Risk Management framework described in Strategic Risk Assessment Frameworks: A Guidebook for Management Teams Mark L. Frigo and Ricard J. Anderson 2017 and Creating and Protecting Value: Understanding and Implementing ERM Anderson and Frigo (COSO 2020).