Defining strategic risks is an integral part of any strategic planning process. This guideline helps practitioners work with the planning sponsor and participants in the planning process to define and assess the strategic risks directly related to proposed digital and ICT vision, objectives and strategies.
Strategic risks are potential events or threats that affect or may result from an organisation’s business strategy and strategic objectives. The ever-increasing pace of change at which models of business and technology innovations are evolving increases the need to continually identify and respond to strategic risks that threaten the achievement of strategic objectives.
Audience
A practitioner in the context of this guideline can include one or more of the following roles:
- Digital and ICT strategic planners
- Agency and service strategic planners
- Workforce planners
- Business analysts
- Information managers.