Strategic risk management
Understand exposures, compare alternatives, explain priorities.
An assessment is useful when it clarifies a decision: which objectives to protect, which exposures to address and which evidence should inform the choice. Strathego connects these steps within a scope defined with the client.
When it can help
- A transformation changes activities, dependencies or constraints and its effects need to be reviewed.
- Several functions propose different actions: shared criteria are needed to compare them.
- A choice depends on incomplete information and assumptions and uncertainty need to be visible.
How the analysis develops
- Define the context. Agree objectives, processes, stakeholders, the analysis horizon and the decisions to support.
- Examine exposures. Review threats, vulnerabilities, consequences and interdependencies alongside existing measures.
- Compare risks. Make criteria, evidence quality and uncertainty explicit, without attributing precision to data that cannot support it.
- Assess options. Compare proposed priorities, possible actions and residual risk, clarifying the decisions still required.
How far to go
Not every problem requires the same depth of analysis. Some situations call for a focused assessment; others require further investigation, comparison of scenarios and a more extensive engagement.
Activities, timelines and fees reflect the work involved. The engagement can be extended as needs evolve, with any additional scope and terms agreed in advance.
The complexity of the analysis also determines the level of documentation required.
From analysis to decisions
Risk analysis is not simply about identifying weaknesses. It should clarify the available options, their consequences and where action can make the greatest difference.
Strathego provides the basis for informed decisions without taking over the client’s responsibilities. Once a direction has been chosen, the engagement may continue through action planning, coordination of the necessary expertise and review of results.
Specialist assessments require the involvement of the relevant expertise.
Which decision needs a risk perspective?
Let’s start with the objectives, available information and the decision to make.
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