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Learning Goal: I’m working on a writing discussion question and need the explanation and answer to help me learn.


Justify the inclusion of risk management in strategic planning.

Student Success Criteria

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You serve on the board of a regional strategic committee for your local Chamber of Commerce. Due to the COVID-19 pandemic, the committee has decided to develop some resources for local small businesses to develop their risk management strategies. You are assigned the task of writing a research brief on the importance of risk management to the strategic planning process for small businesses.


Create a research brief that addresses the following:

  • The importance of strategic risk management
  • How strategic risk management affects organizational goals
  • The role of corporate governance
  • Attribution for credible sources