DEVELOPING A STRATEGIC PLANNING AND RISK MANAGEMENT TECHNIQUES

Abstract

The findings of implementing a risk assessment program in an institution of higher education are discussed in this article. Specifics are discussed regarding the development of a commercial and resident danger register. A framework and step-by - step strategy for the application of risk management in strategic activity planning is provided using the context of a polytechnical institute that also demonstrates the need for sustainable development education. Company restructuring and strategic management are essential to strategic entrepreneurship. A modern approach in management literature is strategic entrepreneurship. Therefore, incorporating risk management into the corporate management structure of the university is an important activity, becoming even more important now that the criteria for risk management have been made mandatory in the quality management system (QMS) due to the latest edition of ISO 9001. In addition, an inclination towards strategic entrepreneurship is needed in today's business world. Strategic capitalism is also a must to build optimum value for businesses. Efficient design is discussed in this report and finds out a step-by - step strategy on applying risk management in strategic business planning. The intersection of business and strategic management..