ABSTRACT
Growth strategy development through transformation is the essential phase of enterprise excellence planning. Enterprise risk must also be incorporated while developing the growth strategy and without it, there would be no successful businesses. Or, rather, there would only be successful business, as being successful would be so easy that any start-up would have an idyllic path to quarterly revenue bonanzas. Risk is vital to the business world so that those organizations that are able to overcome their challenges can show the rest how it is done (Wade, 2010).
