Strategic Risk Management: An evaluation of SACF as a strategic risk tool
2014 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE credits
Student thesis
Abstract [en]
Within an organization it is very important to be aware of the risks that arise in the environment, and use effective risk management to maxim-ize the potential profit and minimize the possible threats. SWOT and PEST have been shown to be the most commonly used tools in strategic risk management. Talantsev et al. (2013) have developed a new risk evaluation method for ICT4D projects which in this thesis was called SACF. The purpose of this thesis was to investigate its use on a strategic level and compare it to the already established used method.In this research it was shown that SACF can be used as a tool to create, evaluate and select amongst strategies. It is not a replacement but a complement to the already existing methods. In other words, it can pro-vide the evaluator with additional information not provided by SWOT and PEST.
Place, publisher, year, edition, pages
2014. , p. 84
Keywords [en]
SACF, SWOT, PEST, Risk Analysis, Strategic Management, Strategic Risk Management.
National Category
Other Engineering and Technologies
Identifiers
URN: urn:nbn:se:miun:diva-23032OAI: oai:DiVA.org:miun-23032DiVA, id: diva2:748618
Educational program
Master of Science in Industrial Engineering and Management TINDA 300 higher education credits
Presentation
2014-05-27, Sundsvall, 11:20 (English)
Supervisors
Examiners
2014-11-112014-09-202014-11-11Bibliographically approved