Strategic Risk

A Strategic Risk is a risk to an entity's ongoing prosperity due to external factors such as changing customer preferences and/or internal factors such as poor governance and decision making.

Examples of strategic risks include:

  • Competition
  • Customer Changes
  • Industrial Changes
  • Customer Demand

Related Pages

External Links & References

  1. Business Dictionary
  2. Google Search
  3. IRM Risk Management Standard
  4. ACCA Global
Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License