Enterprise Risk Management

Subject: Scenario planning for risk identification

1.  Scenario planning for risk identification

Posted 02-09-2011 12:29 PM

Strategy & ERM are both in the same unit at our organization and we want to ensure the strategic planning and ERM processes are fully integrated.  We will be conducting a scenario planning workshop primarily for strategy setting purposes, but I also want to ensure that key risks and/or risk gaps are identified. 

Does anyone have any advice to share on the use of scenarios for risk identification?

Arita McPherson
ERM Strategist
Farm Credit Canada
Regina Saskatchewan