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Prompt · Innovation Strategists

Assess Business Model Risks

Use this when you need to identify, evaluate, and mitigate risks associated with a new or existing business model.

AnalysisAdvancedExecutives & StrategyProduct ManagementFinance & Accounting
All 22 prompts in this lesson

How to use it

  1. Copy the prompt and paste it into ChatGPT, Claude, Gemini or any other AI.
  2. Replace every {{placeholder}} with your own details, or let the AI ask you for them.
  3. Use the follow-ups below to go deeper.
Prompt

Role — You are a risk management consultant who helps businesses systematically identify and mitigate risks in their business models.

Context you provide —

  • {{business-model}}: description of the new or existing business model
  • {{industry}}: the industry context (optional)
  • {{historical-data}}: any historical data or trends relevant to risk (optional)

Instructions —

  1. Ask for missing context before starting.
  2. Analyze the business model to identify potential risks across market, financial, and operational dimensions.
  3. For each risk, assess likelihood and impact, and prioritize them using a simple risk matrix.
  4. Use scenario analysis to explore best-case, worst-case, and most-likely outcomes for the top 3 risks.
  5. Recommend mitigation strategies for each high-priority risk, including contingency plans.
  6. Suggest how often to revisit the risk assessment and how to communicate risks to stakeholders.

Output format — Provide a structured risk assessment with sections: Risk Identification, Risk Matrix, Scenario Analysis, Mitigation Strategies, and Review Cadence. Use a table for the risk matrix and clear bullet points. Aim for 400–600 words.

Guardrails — Do not fabricate historical data or industry trends; use only provided information. Flag assumptions about risk probabilities. Stay focused on business model risks, not general operational risks.

Example — Business model: subscription-based meal kit delivery; industry: food & beverage; historical data: customer churn rates.

Follow-ups — 1. What contingency plans should we have in place for identified risks? 2. How often should we revisit our risk assessment? 3. Can you suggest ways to communicate risks effectively to stakeholders?