STRATEGIC PLANNING AND RISK MANAGEMENT

The course aims to provide students with an integrated understanding of strategic planning and risk management processes, with particular emphasis on alignment between strategy, performance, and sustainability. By the end of the course, students will be able to: Understand the phases of the strategic planning process in complex environments; Apply strategic analysis tools (SWOT, Porter); Identify, assess, and manage strategic and operational risks; Integrate risk management into decision-making processes and corporate governance; Develop strategic plans supported by risk monitoring and mitigation systems.

Economics and Business Management, Industrial Economics and Finance, Corporate Strategy & Megatrends

At the end of the course, students will be able to develop and evaluate strategic plans integrated with risk management systems, supporting corporate decision-making in complex environments with analytical rigor and a strong managerial perspective. Learning Outcomes Understand advanced concepts of strategy and risk management from a corporate and cross-functional perspective. Apply analytical frameworks for the formulation and implementation of strategies integrated with risk management systems. Develop critical evaluation skills for strategic plans and risk governance structures. Effectively present strategies and risk mitigation plans to internal and external stakeholders. Integrate multidisciplinary knowledge to manage complex decisions in uncertain environments

Fundamentals of strategic planning Corporate and Business Strategy Internal and external analysis of the firm Strategy formulation and value creation Competitive advantage and strategic positioning Business model Strategy–structure–culture alignment Strategic monitoring and performance management Roadmap and project management Fundamentals of Risk Management Types of risk and risk assessment Enterprise Risk Management and risk governance Risk mitigation and response strategies Integration between strategy and risk Organizational resilience and Business Continuity

Main Textbooks Johnson, Scholes & Whittington, Exploring Corporate Strategy, Pearson Frigo, M.L. (2011), Strategic Risk Management: Practice and Implementation, Wiley COSO (2017), Enterprise Risk Management – Integrating with Strategy and Performance Supporting Readings and Case Studies Harvard Business School case studies (selected by the instructor) HBR and MBB articles on strategy and risk governance Built to Last, J. Collins, J.I. Porras

Group works Practice session Guest lecturers

Final Written Exam: 67% Business Challenge: 33% Written Examination Format 3 open-ended questions, consisting of: 2 exercises based on the course syllabus 1 case study Examination Format for Exempted or Non-Compliant Students: 6 open-ended questions, consisting of: 3 exercises based on the course syllabus 1 case study 2 theoretical questions

No merit criterion is required for thesis assignment (mean, 'grades, language skills, etc.). The only criterion followed is the quality of the submitted research. A research proposal must be presented in order to articulate the central idea and the topic that will be addressed in the thesis. Students have to provide a two or three pages word document, including bibliography, briefly describing: - Reference literature: generical sources (e.g. Google), industrial sources (e.g. Il sole 24 ore, The economist, Il mondo) and related scientific literature ((http://www.luiss.it/biblioteca/banche_dati / index. php). - Research question. It’s a question of one or two lines that exactly addresses the problem that the thesis aims to solve. - Students have to argument the importance and the need to give a scientific answer to identified question, in order to exclude irrelevant unanswered questions. The research question can be considered significant from the theoretical point of view (since defines a logical step missing in the understanding of some processes) or from an empirical one (as it seeks to describe a phenomenon not fully understood), or by both. - Research design & methodology: Data gathering via the creation of a DataBase or the expansion of existing Databases; survey creation and case study analysis.