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5 Types of Strategic Risk John Spacey, updated on
Strategic risk is the potential for the business environment to threaten your ability to execute a strategy. The following are a few types of strategic risks.
1. Competitive RiskThe risk that you lose ground to competitors as they improve and innovate.2. ChangeThe risk that change such as new technology with threaten your business model.3. Regulatory RiskThe potential for new regulations to disrupt your business.4. Political RiskPolitical events and conditions can disrupt business or impact the economics of an industry.5. Economic RiskThe potential for economic conditions to affect your strategy.Business RisksThis is the complete list of articles we have written about business risks.If you enjoyed this page, please consider bookmarking Simplicable.
Business RisksA list of common business risks.Risk TreatmentThe five things that can be done about risk.Risk MitigationA list of techniques for reducing risk.Positive RiskThe potential that you'll achieve too much of a good thing.Dread Risk
Any risk that people have a strong aversion too.
Risk vs Opportunity
The surprising similarities between risk and opportunity.
Risk Management vs Contingency Planning
The difference between risk management and contingency planning.
UncertaintyThe common types of uncertainty in decision making and strategy.Inventory Risk
The common types of inventory risk.
Business Risk Management
An overview of common business risk management techniques.
Economic TheoriesA list of economic theories that are particularly useful for business.Adverse Selection
The tendency for people at high risk to buy insurance.
Economic Advantage
A list of economic positions or capabilities that allow you to outperform in a particular industry.
Knowledge WorkA definition of knowledge work with examples.ProductionA definition of production with examples.Post Scarcity
An overview of post-scarcity.
Economic InfrastructureThe common types of economic infrastructure.
Business Competition
The common types of business competition.
InefficiencyThe common types of inefficiency.Supply Examples
An overview of supply with common examples.
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