Strategic Risk Assessment & Management

For managers and planners who want to identify and manage risks to strategic goals.

Format
Live online or in person
Length
30 minutes to full day
Topic
Learning & Professional Development

About this session

A strategic risk assessment should help people make and maintain a business decision. Which assumptions does the plan depend on?

What could change its outcome? Which safeguards are actually operating?

Who needs to act when the evidence changes? This session connects those questions with a practical risk-management process.

Choose it for managers, functional leads, program owners, and HR, operations, or strategy partners who contribute to risk assessment and decision reviews.

Participants select a defined objective or initiative, such as launching a service, introducing a new operating model, or expanding a delivery network.

They identify relevant uncertainty, describe credible scenarios, examine existing controls, and determine which exposures need attention.

The learning includes possible benefits and adverse consequences, with particular attention to managing downside while preserving worthwhile opportunities.

Participants consider risks created by the chosen strategy, weaknesses in its implementation, and changes that could undermine its underlying assumptions. They also examine dependencies across teams, suppliers, systems, and resources.

The longer formats develop response plans, control-evidence reviews, monitoring indicators, escalation decisions, and scenario exercises. Participants leave with a scoped Strategic Risk Assessment & Management Plan and a repeatable review process.

The emphasis is on informed judgment, clear ownership, and practical follow-through rather than completing a risk register for its own sake.

What your people take away

  • Connect risk assessment with the strategic objective, decision, and planning horizon
  • Describe risks clearly and distinguish them from existing issues and unsupported assumptions
  • Assess likelihood, consequences, control evidence, and uncertainty on a consistent basis
  • Identify connected exposures and compare them with approved decision limits
  • Build proportionate response plans with owners, resources, and evidence requirements
  • Use monitoring, escalation, and review to keep the strategy and its safeguards current

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  • What each length covers, 30 minutes to full day
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What each length covers

30 minutes

30 Minutes — Key Points: Define the Strategic Objective & Identify the Risks

A focused 30-minute session on three key points from Define the Strategic Objective & Identify the Risks: start with the objective & decision, write risks as clear scenarios and involve the people who understand the exposure.

  • Start with the objective & decision
  • Write risks as clear scenarios
  • Involve the people who understand the exposure

Covers 3 of 4 points in Define the Strategic Objective & Identify the Risks.

60 minutes

Strategic Risk Assessment Essentials

A focused introduction to Module 1. Participants define one strategic objective, distinguish risks from existing issues, and write a clear cause-event-consequence statement. They leave with a Risk Assessment Brief and the evidence and decision-limit questions to investigate next.

  • Strategic objective and assessment scope
  • Risk, issue, and assumption distinctions
  • Clear cause-event-consequence statements
  • Relevant stakeholders and decision limits
  • Guided output: Strategic Risk Assessment Brief
  • Live Q&A

Covers 1 of 4 parts: Define the Strategic Objective & Identify the Risks.

90 minutes

Build an Evidence-Based Strategic Risk Assessment

An extended workshop covering Modules 1 and 2. Participants identify a small set of risks, apply consistent assessment criteria, examine current controls, and identify connected exposures. They produce a prioritized assessment with confidence and evidence gaps clearly stated; detailed response planning is developed in the longer options.

  • Module 1 — Define the Strategic Objective & Identify the Risks
  • Module 2 — Assess Exposure & Examine the Evidence
  • Likelihood, consequences, and time horizon
  • Current exposure and control evidence
  • Dependencies and assessment uncertainty
  • Guided output: Prioritized Strategic Risk Assessment
  • Live Q&A

Covers 2 of 4 parts: Define the Strategic Objective & Identify the Risks and Assess Exposure & Examine the Evidence.

3 hours

Covers 3 of 4 parts: Define the Strategic Objective & Identify the Risks, Assess Exposure & Examine the Evidence and Choose Responses & Build an Accountable Plan.

Full day

Strategic Risk Assessment & Response Planning Lab

A four-hour workshop, including breaks, covering all four modules. Participants assess a bounded initiative, compare response options, assign ownership, and rehearse an escalation decision through a tabletop scenario. They leave with a draft risk-management plan and clear evidence requirements for further review and approval.

  • Module 1 — Define the Strategic Objective & Identify the Risks
  • Module 2 — Assess Exposure & Examine the Evidence
  • Module 3 — Choose Responses & Build an Accountable Plan
  • Module 4 — Monitor, Escalate & Keep the Strategy Under Review
  • Risk Statement and Assessment Canvas
  • Control Evidence Review
  • Response, Ownership, and Contingency Plan
  • Tabletop Risk Review and Escalation Exercise
  • Guided output: Draft Strategic Risk Assessment & Management Plan
  • Live Q&A

Covers all 4 parts.

Also available as a 4-week or 8-week program, for change that lasts. Ask us about it.

What’s covered

Define the Strategic Objective & Identify the Risks

Every length
  • Start with the objective & decisionParticipants define what the initiative is intended to achieve, the period being assessed, the affected stakeholders, and the decisions within scope.
  • Write risks as clear scenariosParticipants connect a source or condition with a possible event and its consequences for the objective.
  • Involve the people who understand the exposureParticipants gather relevant perspectives from delivery teams, customers or user representatives, specialist functions, and partners.
  • Clarify criteria, limits & authorityParticipants use approved organizational criteria to establish what consequences matter and when a decision requires escalation.

Assess Exposure & Examine the Evidence

90 minutes and longer
  • Assess likelihood & consequences consistentlyParticipants assess a defined scenario over a stated period, considering consequences for customers, employees, delivery, finances, reputation, and other relevant objectives.
  • Distinguish current exposure from the targetParticipants describe the risk with the controls currently in place and identify the remaining exposure.
  • Check whether controls work in practiceParticipants identify what a control is intended to prevent, detect, or limit.
  • Prioritize connected & time-sensitive exposuresParticipants look for common suppliers, systems, approval routes, and other dependencies that could affect several objectives together.

Choose Responses & Build an Accountable Plan

3 hours and longer
  • Compare proportionate response optionsParticipants compare changing the activity, reducing likelihood or consequences, sharing defined exposure, or retaining risk through an informed decision.
  • Connect each action with a risk mechanismParticipants explain which cause, event, or consequence a proposed action is intended to influence.
  • Assign ownership & record acceptanceParticipants distinguish the person accountable for managing the risk from the people responsible for individual actions and controls.
  • Prepare contingencies with clear triggersParticipants define what should happen if a warning threshold is reached or the assessed event occurs.

Monitor, Escalate & Keep the Strategy Under Review

Full day only
  • Select indicators that inform actionParticipants choose indicators of changing exposure, control performance, and progress toward the strategic objective.
  • Turn thresholds into escalation decisionsParticipants connect review thresholds with named recipients, response times, and authority.
  • Stress-test the plan & its dependenciesParticipants use a facilitated tabletop scenario to examine a changed assumption, simultaneous pressures, or an unavailable safeguard.
  • Report clearly & learn from new evidenceParticipants prepare a decision-focused report showing priority exposures, assessment confidence, control evidence, action status, accepted conditions, and required decisions.
Live Q&ATime for your people’s questions, answered by the expert.
60 minutes and longer

Tools and materials

  • Strategic Risk Assessment Brief
  • Risk Statement Map
  • Risk Criteria & Assessment Canvas
  • Control Evidence Map
  • Risk Dependency Map
  • Risk Response & Ownership Plan
  • Risk Acceptance & Escalation Brief
  • Risk Indicator & Trigger Plan
  • Strategic Risk Decision Report
  • 90-Day Risk Review Plan

How booking works

  1. Book online. Create a free Workbliss profile, then pay with session credits, by card or by invoice.
  2. Pick a date. Choose a date at least 14 days ahead, or book now and set the date later. Need it sooner? Email hello@workbliss.ai and we’ll see what we can do.
  3. Choose your expert. Within 3 working days, we send you profiles of the experts available for your date.
  4. We deliver it. Your expert is briefed on your people and goals, then runs the session live online or at your site.

Questions about Strategic Risk Assessment & Management

How long is Strategic Risk Assessment & Management?

Strategic Risk Assessment & Management runs as 30 minutes, 60 minutes, 90 minutes, 3 hours or full day. You choose the length when you book. A 30-minute session covers three key points from Define the Strategic Objective & Identify the Risks: start with the objective & decision, write risks as clear scenarios and involve the people who understand the exposure. A 60-minute session covers Define the Strategic Objective & Identify the Risks in full, with a live Q&A. A 90-minute session adds Assess Exposure & Examine the Evidence. A 3-hour session adds Choose Responses & Build an Accountable Plan. A full-day session adds Monitor, Escalate & Keep the Strategy Under Review. It is also available as a 4-week or 8-week program.

Can Strategic Risk Assessment & Management be delivered online or in person?

Yes, both. It runs live online, so every office can join at the same time, or in person at your site, in any country.

How do we book Strategic Risk Assessment & Management?

Create a free Workbliss profile with your work email, then open Strategic Risk Assessment & Management to see the price for each length and book it. You can pay with session credits, by card or by invoice, and choose a date at least 14 days ahead, or set it later. Need it sooner? Email hello@workbliss.ai and we’ll see what we can do.

Who leads the session?

A vetted Workbliss expert, briefed on your people, culture and goals before the session. After you book, we send you profiles of the experts available for your date within 3 working days, so you can choose who leads it.

Can it be tailored to our company?

Yes. Every session is shaped around your goals, your people and the benefits you already offer, and delivered by experts in your people’s languages.