This tag is associated with 2 posts

Pedant’s Corner (2)

This is the second post on risk definitions in the context of risk management standards.  Here we are moving on to risk governance, the outer level of the three risk management processes I proposed some time ago. In that previous work I suggested there should be three main components of a risk policy, the document […]

Organisational risk taking – a simple view

At the core of organisational risk management lies the question of what risks to run.  You know the organisation cannot achieve its purpose with certainty.  You know you can take steps to control risk – to some extent.  You know that your chance of success will be improved if you seek out and grasp opportunities.  And you think […]