Risk-Based Corporate Planning (RBCP) is a strategic planning approach that considers risks and uncertainties in achieving corporate objectives. This approach helps organizations to:
- Identify and analyze risks associated with corporate objectives.
- Assess potential impacts of these risks.
- Develop strategies to manage and mitigate risks.
- Integrate risk into strategic planning processes.
The goal of RBCP is to enhance an organization’s ability to navigate uncertainty and achieve objectives more effectively.