The aim of the module is to acquaint students with traditional and basic methods of risk management with emphasis on presentation of new methods of risk reduction, especially in strategic decision making of company managers. They will acquire classical principles of modeling of company change processes, while respecting risk, on the basis of which they will be able to actively manage standard change company processes with respect to risk factors. Students will also be able to manage standard change processes of strategies (both business and functional) of individual SBU companies. Teaching will be complemented by a number of particular examples from managerial practice of Czech and foreign companies.