Strategic Risk Applications
Strategy is fundamental to an organization’s direction. Different approaches to strategy planning and risk mitigation in the face of unforeseen disrupting events are explored.
Format
Online
NASBA Field of Study
Business Management and Organization
Level
Intermediate
CPE Credits
1.5
Author(s)
AICPA and CIMA staff
Availability
1 year
Product Number
FLP21RMASR10226SSO
Understanding strategy success
Strategy formulation will vary for every organization, but the principles remain consistent. Understanding the techniques, processes behind development, and associated risks is essential for any successful leader.
This course will delve into topics, including:
- Formal and informal strategy planning
- Developing objectives
- Distinguishing between strategic options such as cost leadership and differentiation
- Methods of growth
- Sustainability considerations
Each of these areas offer opportunities for individuals looking to develop an effective and appropriate organizational strategy.
Navigating the unexpected
Inevitably, circumstances arise which threaten an organization’s strategy. By learning about the types of disruptions that may arise, leaders can prepare for the unexpected and steer though challenges.
You can gain insights into this area through various topics, including:
- Sources of strategy disruption
- Role of technology in disruption
- Scenario planning
- Risk mitigation strategies
- Stress testing
By understanding the key aspects of strategy formulation and possible challenges, leaders will be well placed to deliver successful outcomes.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program
Who Will Benefit
- Global accounting and finance professionals
- Management accounting professionals
- Controllers
- CFOs
- Finance vice presidents
- Finance directors
- CPAs and PAs
Key Topics
- Strategy planning techniques
- Developing objectives in strategy planning
- Sustainability considerations in strategy planning
- Sources and types of disruptions to strategy
- Role of technology in disruption
- Scenario planning
- Risk mitigation strategies
- Stress testing
Learning Outcomes
- Identify the risks associated with strategic choices.
- Determine methods to mitigate the risks associated with disruption to strategy.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
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