120 Risk Management Strategy

Are you interested in the topic of risk management? This strategy is an integral part of any successful business. In this article, we’ll discuss the different types of risks companies face, strategies for effective project management, and illustrative examples. Keep reading; it’ll be interesting!

💡 Top-10 Risk Management Strategy Examples

1. Security Risk Management
2. Risk Management: Plan Assessment
3. Security Manager and Risk Management
4. Apple Company: Enterprise Risk Management
5. Emirates Airline After Oil Prices Decline
6. Economic Risk Management in Supply Chain
7. Banking Risk Management and Performance
8. Financial Risk Management in International Banks
9. Global Financial System: Functions and Risks
10. Organizational Goals Concept

⚡ What Is Risk Management?

Risk management is a strategy or methodology used to identify, assess and counter risks in a process. The risk management strategy can be for any industry or task but is primarily for preserving company capital and finance. The hazards assessed in these strategies include disasters, financial volatility, industry downfall, etc.

Risk Management Plan: Definition & Importance

A professionally crafted risk management plan can counter these problems timely and make the process easier. Most business examples and risk assessment studies show a strategic approach can help reduce damage. A risk management plan can help the company understand and counter risk transference, reduction, avoidance, and acceptance. If the company involves these steps, it can help make management plans more effective.

4 Risk Management Strategies

The risk management process includes the following strategies:

👩‍💻 Examples of the Risk Management Process

1. Keeping track of the latest changes in legislation. Imagine a company introducing a new product that’s underdevelopment for many years, and the product regulation keeps changing. Suppose a product or service is restricted when completed, causing a severe loss to the company. Therefore, companies should stay up-to-date regarding all legislative changes under strategic risk management.
2. Analyzing competitors’ offers. Companies can lose business if a competitor presents a similar, more affordable alternative to the product or service they offer. Therefore, competitor analysis can help mitigate the chance of facing loss because of this. Businesses should avoid operations in a vacuum and check the latest market developments.
3. Adapting to the opportunities of clients. Economic risks can also contribute to problems in a business’s success. The target audience can lose interest or purchasing power in the product or service because of financial challenges. Therefore, companies should assess the risk management strategy from an economic point of view as well.

Risk management is a strategy to help organizations, business owners, and other professionals reduce business downfall. Focusing on a risk management strategy can help professionals thrive. If you find our article valuable, make sure you check out our samples!

📝 Risk Management Strategy Research Paper Examples

1. Operations, Change and Risk Management
   Business essay sample: Some of the major challenges which operations managers are faced within the dynamic business environment of today include the management of change, risk management, and staffing.
2. Apple Company's Poor Inventory Management Issues
   Business essay sample: Since Apple Company operates internationally, it at times experiences challenges related to the supply of products, which emanates from poor inventory management.
3. Services in the Banking Sector: Barclays Bank
   Business essay sample: The paper characterises services in the banking sector: intangibility, inseparability, perishability, variability, and performance and risk management in the Barclays Bank.
4. Interest Rate Risk Management Importance
   Business essay sample: This work reviews the literature to understand the causes of IRR, its effects on financial institutions, and how financial institutions manage and measure IRR.
5. Risk Management in IT Projects
   Business essay sample: IT projects are risky and require a thorough assessment of any dangers before commencement. Risk management in IT projects helps to reduce the chances of a misfortune occurring.
6. Risk Workshop and Risk Register
   Business essay sample: Every workshop will be specific due to the particular project objectives, but still each of them is supposed to include three stages.
7. Corporate Risk Management Decisions
   Business essay sample: Corporate risk management is an exercise in coordinating risk acknowledgment, risk appraisal, risk management systems, and the moderation of administrative assets.
8. Bank Market Dynamics and the Interest Rate Risk Management
   Business essay sample: This paper evaluates the present issues surrounding interest rate risk by investigating its sources and causes, the effect on financial institutions, and other related questions.
9. Motorcycles Organization: New Product Development Process
   Business essay sample: This paper presents a case study of an organization transitioning its production from the middleweight motorcycle category to the larger touring class.
10. Risk Management Services as a Business Venture
    Business essay sample: Risk management is an important field in market operation. Most of the firms insures their businesses so that they can recover in case of a loss.
11. British Petroleum Firm's Risk Management Plan
    Business essay sample: The purpose of this paper is to propose a risk management project aimed to improve the British Petroleum company’s safety and its public perception.
12. Risk Management Practices in the Fire Service
    Business essay sample: Risk management refers to any activity that involves the evaluation or comparison of risks and development of approaches that change the probability or the consequences of a harmful action.
13. Government Agencies: Risk Management Plans Comparison
    Business essay sample: Government agencies achieve their aims by implementing appropriate projects and supporting them to ensure that they are successful.
14. Strategic Risk Management
    Business essay sample: The purpose of this paper is to introduce the concept of SRM, discuss its definition and role, describe its principles, analyze activities that are available to assess and manage risks.
15. Medical Products Producing: Risk Management
    Business essay sample: This project aims at producing a new device used in certain medical products and its effective marketing. The project is expected to help the organization to diversify its product range.
16. Flayton Electronics Data Breach and Risk Management Plan
    Business essay sample: The paper aims to compose a risk management plan presented in the case study, which is devoted to the security breach of customer data experienced by Flayton Electronics.
17. Operational Risk Management
    Business essay sample: A risk management team is responsible for identifying and prioritizing threats, developing a mitigation plan, evaluating the effectiveness of the plan, and making corrections if necessary.
18. Flayton Electronics: Risk Management Project
    Business essay sample: In case of data theft at Flayton Electronics, some risk management interventions were implemented to reduce the negative impact of the possible threats.
19. Risk Management Strategies in Business Environment
    Business essay sample: In this paper, the researcher looks at current risk management strategies that companies use in the modern business environment.
20. Control Function in Management and Leadership
    Business essay sample: With effective control in place, an organization’s optimizes the use of its resources so that it can achieve its goals and objectives.
21. International Debt Crisis and Development Economics
    Business essay sample: The international debt crisis refers to the inability of developing nations to repay sovereign debts borrowed from international market, development institutions and sovereign governments.
22. Credit Crunch: Business Analysis
    Business essay sample: Any large business house, consumer expenditures or governmental schemes may borrow public money in the form of selling shares.
23. Internal Auditing in Risk Management
    Business essay sample: A great number of organizations invest heavily in risk management to be able to face the ambiguities and challenges in the business world.
24. GU Project and Its Risk Management
    Business essay sample: In the case of GU, the current problem that the project is facing is system failure due to unknown software that the system users, namely, students and instructors, have uploaded in their computers.
25. Organizational Risk Appetite and Assessment
    Business essay sample: Risk is often a requirement for an organization to meet its operational goals. Risk may bring innovation, partnerships, and monetary gains to a company.
26. Risk Management in an Organization
    Business essay sample: This paper researches the topic ‘risk management in organization’. Risk management as a subject and as a function of business management is a relatively new concept.
27. Apple Incorporation's Managerial Economics
    Business essay sample: Apple Inc. has been applying various aspects of managerial economies in its operations. Some results of this practice include increased market share for the company's brand line.
28. Bank Audi and Saudi British Bank Comparison
    Business essay sample: Bank Audi S.A.L. – Audi Saradar Group is a Lebanese joint-stock company. SABB is a Saudi Joint Stock Company with a strong track record and a heritage that stretches back 30 years.

💡 Essay Ideas on Risk Management Strategy

1. Risk Management in Construction Industry in the UK
   Business essay sample: This paper studies risk management in the construction industry, as well as the benefits and limitations of risk management in the construction industry in the UK.
2. Value and Risk Management
   Business essay sample: Discussion of principles of management value, relevant human dynamics in value management, advantages of value management, value management studies, risk management.
3. Tourism Conference: Industry-Based Project
   Business essay sample: This report has been prepared by Professional Conference Organizers (PCO) to the Australian Asian Tourism Professional Association (AATPA), it aims to make the conference succeed.
4. Wal-Mart: Company Analysis and Strategy Recommendation
   Business essay sample: The major competitors of Wal-Mart include Costco Wholesale Corporation and Target Corporation. During the 2008 financial year, stiff competition came from Target Corporation.
5. Quality Management and Value Creation in Business
   Business essay sample: Quality management is a sort of ‘standard ‘ toward which a company or an organization should head if they want to make quality and customer satisfaction their goals.
6. Stewart Information Services Corp’s Perceived Risk
   Business essay sample: Stewart Information Services Corp’s business is based on title insurance and real estate services in the US and abroad. They always keep the data of the customers confidential.
7. ING: Crisis Management
   Business essay sample: The different types of risk management and assessment procedures. The concept of crisis management, taking ING as a case study for this assignment.
8. Able Corporation in the Global Market
   Business essay sample: This research paper and analysis provides an in-depth study into a project implementation, its design, phases and success.
9. Credit Risk Management: Objectives and Techniques
   Business essay sample: The paper focuses on such risks and highlight and explain the different techniques of managing them. Each risk will be better explained with the help of examples.
10. Risk Management: Foreign Exchange Risks, Credit Risks, Interest Rates Risks
    Business essay sample: The credit risks are associated mainly with the global economic recession and the inability of contracting parties to fulfill their contractual obligations.
11. Foreign Exchange Risk Management
    Business essay sample: Financial risk management can be considered as the practice of creation of economic value in companies safeguarding the company against risks.
12. Risk-Assessment and Cost-Effectiveness of Rehabilitating Open Cut Coal Mine Spoil Areas
    Business essay sample: This research aims to present an analytical report on risk analysis and techniques of risk analysis with respect to engineering systems.
13. Intersect Investments Company Problem Solution
    Business essay sample: Intersect Investments, is a finance company that deals with helping people manage their money the best way possible.
14. Short-Term Bonuses Culture and Instability in Management of Banks
    Business essay sample: The main aim of this dissertation is to understand the manner in which short-term bonuses culture has led to instability in management of banks.
15. Business Analysis and Management of Change: Applying SSM to the CONFIRM Case
    Business essay sample: The SSM is one of the best and advanced systems thinking approaches for analyzing problems in the workplace where the problem issues cannot be defined.
16. The Role of Corporate Scandals in Enhancing Financial Reporting
    Business essay sample: Director’s remuneration, lack of corporate social responsibility, increase of non-audit activities and no provision of punishment are the main reasons of corporate collapse.
17. About Enterprise Risk Management
    Business essay sample: Enterprise Wide Risk Management also known as organizational wide risk management is a strategic process that assists firms and companies to identify, measure and control the overall business risks.
18. Problem Solution: Global Communications
    Business essay sample: In today’s business world globalization is the issue. These last decades the market has gone global and now business companies can reach in different corners of the globe.
19. Risk Analysis in the Money Question
    Business essay sample: Risk analysis is involved in identifying threats that are likely to occur and analyzing the likely outcome. High risk investments bring about high returns and low risk projects have low returns.
20. Risk Management Decisions in Company
    Business essay sample: The study on risk management decisions shows the following points: risk management decision, directs costs and benefits, indirect costs and benefits.
21. Gas Station Insurance: Covering the Basics
    Business essay sample: Proper risk management in gas station operations is vital to the needs of the business, and structuring a proper insurance coverage package is a necessary step in the process.
22. IBM Company: The New Vector of Development
    Business essay sample: The IBM company is in the process of diversifying from the goods production sector to the services sector. With this orientation the biggest supply that IBM gets is that of labor.
23. Risk and Safety Management, Risk Control Systems and Performance
    Business essay sample: Since workplace accidents are impossible, especially when one is working in the engineering sector, the issue of proper risk management should be confronted beforehand.
24. Identification of Physical Environment Risk Factors
    Business essay sample: This paper aims to identify physical environment risk factors in the workplace, as well as communication between workers and the mental workload.
25. Ford Motor Company: An Analyze the Personnel Management
    Business essay sample: This report seeks to analyze the personnel management and development from transactional to transformational models of human capital management in relation to Ford Motor Company.
26. Critical Analysis of a Business Plan
    Business essay sample: Business Plans are very much like roadmaps that help businesses achieve their goals and objectives.“A business plan serves three important purposes”.
27. The 2007-2009 Global Financial Crisis
    Business essay sample: The 2007-2009 global financial crisis was initially referred to as the credit crisis and it was first felt in July 2007 in the United States when secured mortgage investors lost trust and confidence in the financial institutions.
28. Project Risk Management in the Organizations
    Business essay sample: Risk management all over the world has been considered the most beneficial aspect of combating uncertainty in organizations.

👍 Good Risk Management Strategy Essay Examples to Write about

1. International Business Machines
   Business essay sample: International Business Machines is a multinational public limited company which deals with technology within the diversified computer system industry.
2. Toyota and Ford: Supply Chain Management
   Business essay sample: The contrasting approaches taken by each of Ford and Toyota in managing the supply chain indicates different areas of focus in business processes for both companies.
3. Risk Management Planning Process
   Business essay sample: Risk management planning is an ongoing exercise for project or programme managers, it should therefore have an outline of activities and processes of how they can be carried out.
4. Risk Management: Space Shuttle Columbia Tragedy
   Business essay sample: The purpose of the paper is to evaluate the report of the investigation of the tragedy of space shuttle Columbia that occurred on February 1, 2003.
5. Strategic Plan For Kudler Fine Foods
   Business essay sample: For Kudler Fine Foods, the risk management plan should be comprehensive enough so that all the possible risks are taken into account.
6. Computer Hacking as an Emerging Risk
   Business essay sample: Computer hacking is defined as the modification of computer hardware and software to achieve certain objectives beyond the creator's original intent.
7. Strategy Management: IKEA International
   Business essay sample: The essay analyzes the structural design, the key strategic control systems, the primary people concerns, cultural factors, and the strategic implementation of IKEA international.
8. Transparency in Corporate Governance
   Business essay sample: Corporate governance is the process of directing and controlling the corporation activities with an aim of ensuring efficient growth and development
9. Risk Management in Aviation
   Business essay sample: Risk management is crucial in civil aviation as the efficiency of service delivery and safety monitoring depend on it.
10. International Workforce Outsourcing Challenges
    Business essay sample: International human resource is more global and deals with many countries worldwide more than an individual country.
11. Managerial Economics Importance for Running a Strong Company
    Business essay sample: Managerial economics refers is the sub-discipline of economics that uses concepts of microeconomics techniques in the decision-making modules used by business managers.
12. Finance and Growth Strategies
    Business essay sample: This report discusses some of the salient tools for capital budgeting including Net Present Value and Discounted Cash Flow.
13. Role of Management and Leadership in Business Risk
    Business essay sample: This paper discusses critical analysis of the functions of the management, and their effect on global business can establish the effectiveness of leadership.
14. GlaxoSmithKline Company's Economic Factors
    Business essay sample: This paper will critically look at the economic factors related to the business operations of the GlaxoSmithKline Company in the pharmaceutical industry.
15. Risk Management: Risk Reduction And ALARP
    Business essay sample: Before doing any project one should measure different aspects to reduce the risk factors associated with the tour. ALARP is the acronym for as low as reasonably practicable.
16. Risk Management. Fire and Rescue Services
    Business essay sample: Fire and Rescue Services (FRS) in the UK attended to over 877, 000 hazardous cases of fire or fake alarm occurrences in 1 year ending on 30th September 2006.
17. Use of Business Information Systems at Wal-Mart Stores
    Business essay sample: Systems development process for Wal-Mart stores is treated as a cooperate affair; affiliate and new acquisitions into the company are operated on a standard system.
18. Compensation Management in Enron Corp
    Business essay sample: Enron was a good example of a company that failed to employ correct management skills to earn profits, the management was over-ambitious about the growth of the company.
19. Supply Chain Management: Event Assessment of the Tour de France 2014
    Business essay sample: The Tour de France may contain several hazards that can derail the event. They may include crashes, crowd troubles, straying animals, and attacks from people.
20. Management Practices After Global Financial Crisis
    Business essay sample: This study analyzes management practices prior to the 2008-2009 global economic crisis and the actions that managers have taken since the crisis.
21. External Analysis in the US Retail Industry
    Business essay sample: The US retail market is full of political influence since it includes the people and the people are the building blocks of all politics.
22. DirecTV Company Analysis
    Business essay sample: The strategy, the situation in the corporate world, market share, risks, and stock market performance exposed by both the silent and public accounts give an analysis of DirecTV.
23. Case Study on Custom Woodworking Company
    Business essay sample: Planning and management in an organization is vital in structuring a progressive performance, so the wood company will have stringent arrangements to accrue success.
24. Supply Chain: Risk Management in Supply Chains
    Business essay sample: In this study, the general structure of the risk management process in supply chains and the methods of risk management in supply chains will be observed.
25. Toyota’s Car Recall: Risk Management
    Business essay sample: Toyota’s recall of cars in the period between 2010 and 2019 requires the reconsideration of its risk management approaches.
26. Enterprise Risk Management Implementation Examples
    Business essay sample: In the course of this paper, an example of both successful and unfavorable implementation of the ERM, assessing the basic reasons behind each of the outcomes.
27. International Accounting Analysis
    Business essay sample: This essay overviews the main reasons for and factors behind FX risk and management approaches and highlights the significance of the external auditor’s role in FX risk management.

🎓 Simple Research Paper Examples with Risk Management Strategy

1. Report for Domino’s Pizza Enterprises
   Business essay sample: The objective of this report is to apply the theory of corporate finance to a real organization and this paper selects Domino's Pizza Enterprises.
2. Saputo Inc Company Analysis
   Business essay sample: Saputo Company was founded in 1954 and is based in Montreal, Canada. The company deals with the production and sale of an extensive variety of dairy products.
3. Risk Management Implementation in the Project Life Cycle
   Business essay sample: Civil engineering projects are exposed to risks that can be potentially damaging due to the cost of investments incurred in such projects.
4. The Failure of Risk Management
   Business essay sample: Risk management in the modern business organization does not necessarily entail avoidance of risks but rather enhancement of efficiency in the overall business processes.
5. Credit Risk Management in British Banks
   Business essay sample: This paper demonstrates that British Banks have a risk conscious-culture and their credit risk management techniques are a combination of traditional and new ways of credit risk management.
6. Evaluation of the Root’s Model Components
   Business essay sample: The purpose of the essay is to review five foreign market business entry modes in light of Root's model aspects.
7. Project Management: Success Factors and Challenges
   Business essay sample: Project management is a complicated process. The current paper discusses successful project management and the possible challenges managers should cope with.
8. Virtual Private Network Solution for Remote Employees
   Business essay sample: It is of great importance to secure corporate data by providing remote employees with a safe means of getting access to the company’s internal network.
9. Business Management in Crisis Surroundings
   Business essay sample: The ability to function in a crisis situation is perhaps the key to the survival of any successful business venture.
10. Form 10-K Report Analysis of JPMorgan Chase & Co
    Business essay sample: The purpose of this paper is to conduct a financial statement analysis through the evaluation of the ‘Form 10-K’ report of JPMorgan Chase & Co.
11. Simons Inc.'s Accounting and Auditing Standards
    Business essay sample: The present paper aims at overviewing the key considerations with a financial statement audit according to the Auditing Standards of the Public Company Accounting Oversight Board.
12. Why Finance Audit Are Important?
    Business essay sample: Fraud detection may be defined as a set of actions designed for the identification and prevent fraudsters from obtaining property or money in an illegal way.
13. Influence of Leadership and Strategy on Decision-Making Process in Maxis Company
    Business essay sample: Organizational leadership and corporate strategy are significant components of any business company. They often shape the organization’s “economic appearance”.
14. New Business Opportunities During the COVID-19 Pandemic
    Business essay sample: The COVID-19 pandemic has opened doors for businesses and altered the way we all operate, new solutions that work anywhere will characterize future entrepreneurship.
15. Standard Setting in the midst of Economic Crisis
    Business essay sample: With the world being engulfed in one of the biggest financial crisis ever seen, most pointed to the mortgage market as the principal contributor to this end.
16. Company Financial Analysis and Credit Risk Assessment
    Business essay sample: A company’s financial performance can be evaluated using financial ratios, they help to define the firm's profitability, ability to meet its financial obligations, etc.
17. Brannigan Food Need for Low-Risk Strategies
    Business essay sample: Brannigan Food’s current situation and relatively low innovation potential can signify the need for low-risk strategies, such as the fourth proposal.
18. Risk Management Program Analysis
    Business essay sample: This paper discusses the analysis of a risk management program in healthcare, covers the summary of the risk management program, and provides the ideal administrative steps.
19. Cleaning Company: Risk Assessment of the Working Environment
    Business essay sample: The aim of this research paper is to conduct a risk assessment of the working environment for a cleaning company.
20. Risk Management Strategy for Amazon
    Business essay sample: Amazon is the largest online marketplace in the world, known for its disruption of the retail industry through technology.
21. Risk Management Program Overview
    Business essay sample: This paper discusses how quality and improvement processes in an organization add to the risk management programs for high-risk operations and high-alert drugs.
22. Security Risk Assessment Report
    Business essay sample: Security controls currently have to be accessed with the help of manual sources, as there is no robust continuous monitoring system that would protect the network.
23. Risk Management Policy and Procedure
    Business essay sample: A policy or procedure is a set of rules that guide nurses in their work, and failure to follow them may put the institution and the patient at risk.
24. Operational and Other Financial Risks
    Business essay sample: The various financial risk types are not the same, and they are distinct for each organization based on the types of activities taking place in a particular firm.
25. Analysis of Supply Chain Risk Management
    Business essay sample: Supply Chain Risk Management addresses the threats and vulnerability for commercial acquiring of information and communication technology.
26. Southwest Airlines Assessing and Managing Risk
    Business essay sample: In the United States and neighboring regions, Southwest Airlines is a major passenger airline company offering low-cost flights across the country and around the world.
27. Business Ethics: Big-Box Crisis
    Business essay sample: The paper discusses Big-Box Crisis. The company was compromised, leading to a large leak of customer information. The information of a million users was disclosed.