The Institute of Enterprise Risk Practitioners (IERP®) is the world’s first and leading certification institute for Enterprise Risk Management (ERM).

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CS Tag

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At its core, strategic risk management is about examining the organisation’s strategy for any risks that may affect it, how to mitigate them and to identify and manipulate opportunities arising. In the process, strategic risk management has to look at a multitude of issues, including the firm’s current business strategy,

Risk and strategy have a symbiotic relationship. There can be no strategy if there was no risk to begin with, and the existence of risk makes strategy necessary. But what exactly is strategic risk? Strategic risk can be broadly defined as a risk that has a direct impact on an


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