Introduction of RISCC model for a sustainable business risk management and control

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This article evaluates traditional strategic management frameworks, such as SWOT, Porter’s Five Forces, and Blue Ocean Strategy, for their limitations in addressing regulatory compliance and environmental sustainability. While these models offer insights, they often lack a holistic, actionable strategy. The RISCC Model (Regulations, Internal Capability, Supplier, Customer, and Competitor) is introduced to fill these gaps by integrating regulatory requirements and sustainability considerations into strategic management. A case study of the asbestos fiber cement roofing sheets industry illustrates how this model enhances organizational resilience and competitive advantage by emphasizing compliance and sustainability in a rapidly evolving market.