Integrating Strategy, Risk, and Performance Management

One of the reasons organizations fail to achieve their desired objectives is because of lack of functional alignment across the enterprise. Often, there is more focus on business units, with their distinct products, services, customers, markets, technologies, and competencies. For example, objectives and strategies are set with little understanding of related risks and how they can be managed to remain within acceptable limits. Risks are managed outside the context of achieving desired outcomes. Performance scorecards include only key performance indicators (KPIs) and exclude key risk indicators (KRIs) as well. Ultimately, this lack of alignment results in poor strategy execution and subpar overall business performance. This course covers how to integrate strategy, risk, and performance management and create synergies from this alignment.

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