Exploring strategic risk

Meanwhile, only 13 per cent of respondents indicated that their risk management programme supports their ability to develop and execute business strategy. So, what are leading companies doing to manage strategic risk – and how are they preparing for the future?

“When we develop a strategy we think about the risks associated with it, but also what [business] risks are minimised by following that particular strategy.” - Reto J. Kohler, Managing Director, Head of Strategy, Corporate & Investment Banking, Barclays

See answers to questions such as:

• Which risk areas had/have/will have the most impact on your business strategy?
• Who primarily determines your company's approach to managing strategic risk?
• Has your approach to managing strategic risks changed in the last three years? How?
• Which technology enablers or disruptors do you believe may threaten your business model?

Deloitte's new survey report offers a clear view of how companies view and manage the risks that affect their business strategy, based on recent survey results. 

About the survey

The findings in this report are based on a global survey conducted in the spring of 2013 by Forbes Insights, on behalf of Deloitte. It includes insights from more than 300 respondents from the Americas (33%), Europe/Middle East/Africa (33%) and Asia/Pacific (34%). Nearly all respondents were C-level executives (263), board members (22) or specialised risk executives (21). Surveyed companies came from all five major industry sectors (consumer/industrial products, life sciences/healthcare, technology/media/telecommunications, energy/resources and financial services) and all had annual revenues in excess of US$1 billion (or equivalent).