SBL Technical Article Podcast: Strategic and operational risks скачать в хорошем качестве

SBL Technical Article Podcast: Strategic and operational risks

In this video, we break down Strategic vs Operational Risk — a guide to understanding two key dimensions of risk that every business must navigate. It’s not just about avoiding risk altogether. It’s about identifying the right risks to take and the ones to avoid, and putting controls in place to manage both effectively. What You’ll Learn: • The difference between strategic and operational risks, and how each impacts your business in unique ways. • Why go errors and stop errors can undermine your future — either by missing opportunities or making bad bets. • How high-impact vs low-impact risks require different controls — from prevention to detection — and how responsibilities cascade from the board down to operational teams. How well-managed risks: • Provide clear responsibilities at all levels • Align incentives and controls with desirable behaviours • Provide a framework for identifying, assessing, and addressing both strategic decisions and day-to-day operations Key Themes: • Effective risk management isn’t about avoiding risk altogether, it's about calibrating it. • The board focuses on strategic risks, while operational teams handle day-to-day risks. • A robust framework lets businesses respond quickly and effectively when issues arise — protecting their future and strengthening their operations. About Learnsignal: Learnsignal is an ACCA Approved Learning Partner, offering 24/7 access to expert-led courses, revision material, and exam technique guidance that helps you move from understanding the theory to applying it under pressure. 👉 Start learning smarter with Learnsignal – https://www.learnsignal.com/acca/ #RiskManagement #BusinessStrategy #RiskFramework #Controls #learnsignal #ACCA #sbl