Track: Business Management
Abstract
Strategic management is a critical dimension in the implementation of mission critical programs in an organization. It enables organizations to embrace a fulfilled excellence culture when implementing strategic programs. A risk management framework integrated with strategic management, constitute the two most important start-up success factors in an organization. The significance of the impact of strategic management as a critical dimension in successfully implementing a risk management framework is examined in this research. This paper presents a model for integrating strategic management and Risk management for a successful implementation of a risk framework. The results of this qualitative case study offers key performance indicators for decision makers to monitor in order to successfully implement a risk management framework