This chapter provides the Three-Phase Model as risk management technique. With this model, a manager can come to grips with the situation in which an organization finds itself, or in which various of its sub-components are situated. The Three-Phase Model works like GPS (Global Positioning System) for leaders. It indicates in which stage of risk development the organization is. At the same time, the Three-Phase Model can be used to ascertain demands on leaders arising in each of the different phases.