Business developments in past decade like globalization, supply chain innovations and global treaties & pacts have increased the sensitivity of business towards external environment and geo political developments around the globe. The 9/11 terrorist attacks, storm Sandy, Fukushima nuclear disaster, steep fluctuations in commodity prices and global economic crises are some of the recent events that have made risk management top agenda for board discussions.

While the management and Board of Indian companies have constantly kept a watch on first degree risks directly stemming out of the operations of business, high impact risks that do not have direct link with day to day business are usually overlooked. To safeguard the business from sudden change in environment, the management and the Board has to be conscious about risks that have very high impact and are discontinuous in nature. These risks can be categorized as Strategic Risks for the company.

The Strategic Risk Management (SRM) offering by Tata Strategic helps businesses in identification and response planning for such strategic risks. The offering is developed based on Tata Strategic’s long experience in strategy formulation and implementation for business across industries. Our ability to understand trends and future market situation enable prepare futuristic mitigation plans for strategic risks for our clients.

SRM offering stresses on quantification of risks in terms of cash flow impact on the business of the company and identification of early indicators or Triggers for the risks that can provide warning for mitigation mechanism to come in to action.

SRM helps clients safeguard their businesses from external and strategic risks and thereby prepare well for increasingly globalizing business environment.