Former Intel Chairman Andy Grove nicely described the link between strategic and operational risk, and the importance of managing the former by the latter, when he said, "People [employees] formulate strategy with their fingertips. Day in and day out they respond to things by virtue of the products they produce, the price concessions they make, the distribution channels they choose."
Advisor
How Do You Manage Strategic Risk if No One Knows Your Strategy?
Posted April 27, 2006 | Leadership | Leadership |
About The Author
Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More
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