Critical steps for strategic risk management strategic risk management increas ingly is being viewed as a core competency at both the manage ment and board levels. Matteo tonello is managing director of corporate leadership at the conference board this post is based on an issue of the conference boards director notes series by mark l frigo and richard j anderson director and professor of strategic risk management respectively at depaul university this director note was based on a book authored by dr frigo and mr anderson available here. By dorothea brennan core team facilitator leadership strategies risk management is a powerful lever that when done well increases the probability of success. Strategic risk management a component of erm enterprise risk management refers to the process of pointing out analyzing and taking appropriate steps to deal with risks which can threaten to undermine its business position model and thwart its strategy objectives risks can be both internal and external this process is anything but conservative as it helps firms to create value not just
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