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Establish a Risk Management Framework as You Advance Your Mission

"Risk management means protecting oneself from the adverse and unexpected decisions others may make and, in the process, making better decisions than they do."
Peter Bernstein

Project risks, strategic risks, operational risks… All organizations face risk – no matter the sector or the size.

Well-managed organizations should have a complete risk management framework established to identify and manage this inherent facet of doing business in today’s ambitious environment.

An effective framework will include;

  • Identification,
  • Measurement,
  • Mitigation,
  • Reporting and Monitoring, and
  • Governance

Woodland Strategies, a strategic planning firm in Minneapolis, MN can assist you and your teams as you navigate risk assessment and management, and work to achieve positive outcomes for your organization’s mission and vision. We will provide you with a risk register, risk breakdown structure, risk matrix and risk mitigation plan.

This will help you as you consider an expanded strategic risk management approach as you refine your competitive advantage, a vital part of any strategy.

Get started today! Contact us to schedule an initial complementary consultation.

Rogers, B. Bruce Rogers, Sniderman, B., McLeod, B., Moreno, K. Serafin, T. Exploring Strategic Risk 300 executives around the world say their view of strategic risk is changing. https://www2.deloitte.com/content/dam/Deloitte/at/Documents/risk/GRC_Survey_Exploring%20Strategic%20Risk_2013.pdf Deloitte Touche Tohmatsu Limited, 2013. Kernez, R. Competitive Advantage: The Key to Business Success. https://www.forbes.com/sites/forbescommunicationscouncil/2024/02/07/competitive-advantage-the-key-to-business-success/ February 7, 2024. Tonello, M., Strategic Risk Management: A Primer for Directors https://corpgov.law.harvard.edu/2012/08/23/strategic-risk-management-a-primer-for-directors/ August 23, 2012.

This article or any other promotional material(s) from Woodland Strategies, Inc. is in no way intended to be a comprehensive plan.

Please note all markets, circumstances, and results vary. Any strategic plan or marketing initiatives must follow all State and Federal laws and regulations, accordingly.

Please contact us directly for a complete assessment and plan for your individual organizational needs.

Stewarding Your Stakeholder!

Imagine our surprise when we received a note from the Rochester Chamber of Commerce stating that Woodland Strategies would be welcomed through a promotion on a digital billboard in Rochester, MN on 41st Street right off of Highway 52!

What is your Organization’s Value Proposition?

Your organization’s Value Proposition is your declaration that communicates the value of your product or service and why clients should buy or even care about this.

Navigating Change – How does Your Team Respond to Conflict?

At Woodland Strategies, we do facilitate the necessary space for our customers to navigate conflict in a productive space so that they can achieve results and move forward for their desired success.

Glossary of Strategic Planning Terms

The following list includes some – but not all – of the most common terms used in strategic planning. Many planners might have a different interpretation of a particular term, especially if they primarily use one model of strategic planning. The most important requirement around the use of strategic terms and concepts is that the facilitator and strategic planning leadership team share common interpretations from planning to conducting to implementation of the strategic planning process.