RISK 4309 - Strategic Risk Management

Strategic risk management (SRM) seeks to manage the risks inherent in a company’s strategy, the risks to its plans to add value to its owners and society by raising its return on equity, allowing the company to compete successfully across a wider array of business environments, acting when its competitors cannot, and reducing its ‘risk of ruin.’ Because the future is unknown, SRM is charged with identifying and managing unknown uncertainties. The challenge of doing this makes for a fascinating course. Cross-listed with RISK 6309. Prereq: RISK 3809 and RISK 4809. Max hours: 3 Credits. Semester Hours: 3 to 3