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Strategy & risk management - Coggle Diagram
Strategy & risk management
Strategy
Internal environment
Consist of
Products
Marketing
Governance
Distribution facilities
Corporate culture
Financial resources
Management capabilities & skills
Suppliers
Leadership style / capabilities
Tools to help
Value chain analysis
Product life cycle analysis
Resource audit (6 capitals)
Analysis
PESTEL
Porters 5 forces
Threat of substitute products
Bargaining power of suppliers
Threat of new entrants to industry
Bargaining power of customers
Rivalry amongst current competitors
SWOT
Balance score card
Financial perspective
Profit, returns, etc.
Customer perspective
customer satisfaction, etc.
Internal process perspective
Systems, logistics, production, etc.
Learning & growth perspective
leadership, human capital development
External environment
Consist of
Political environment
Regulatory environment
Technological environment
Natural environment
Competitive environment
Social environment
Customer needs
Economic environment
Market
Key issues confronting current external business environment
Knowledge & info
Sustainability
Technological advances
Inovation
Globalisation
Pandemic
Strategies
Competitive strategy
Porters 5 forces
Pricing strategies
Price skimming
Predatory pricing
Selective or discriminatory pricing
Market pricing
Growth strategy
Organic growth
Mergers
Alliances
Product-market strategy
Which product to sell in which market
Strategy must be
Feasible
Sustainable
Viable
Information technology strategy
Technological advancements
App
Terms
Strategic analysis
How to fulfil mission & vison
Objectives
When
Goals
Where entity intends to be
Action plan
Who
Vision
What (long term)
Key performance indicators
Which data
Mission
Why entity exist
Implementing strategies
Aligning organisational performance with strategy
Measurement of performance & reporting against strategic objectives
Risk management
Categories of risk
Legal risk
Exchange rate risk
Compliance risk
Regulatory risk
Product risk
Political risk
Commodity risk
Environmental risk
Strategic risk
Financial risk
Operational risk
Economic risk
Technological risk
Reputational risk
Risk identification
PESTEL
Porters 5 forces
SWOT
Risk responds
Acceptance
Mitigation
Transfer
Diversification
Avoidance