Mitigations of strategic risks tend to be strategic choices and business model approaches; investment prioritisation decisions during planning processes, often resulting in project initiations; and communications and stakeholder management. Strategic risks are often perennial, yet may be volatile due to changes in the external environment.
Yet "activist" rule-based policymaking seems to possess sufficient flexibility in uncertain circumstances. For instance, the Bayesian decision process under the risk management approach involves a learning process. Learnability plays an important role in ruleoriented monetary policy to secure stability of the equilibrium.