This article assumes you have read What is risk management? (Everyone). It links into a lot of detailed material that may be of interest to risk management specialists, rather than to general readers.
Depending on how you’ve come to this point, it’s possible you are bothered by something like one of these thoughts.
- Why yet another definition of risk management?
- Not having a codified standard risk management process with common scales is a recipe for chaos. At the very least, it’s a failure of the risk management initiative.
- In my organisation, ‘risk management’ is an organisation unit. Possibly I’m in it and perhaps we are overloaded with productive work. I can’t accept this version of ‘risk management’ which says that only decision makers (‘line’ managers) manage risk.
- If any of this is true, what could be the role of a Chief Risk Officer?
As a risk management specialist, you are vitally and personally concerned with the fundamental meaning of ‘risk management’. These drill-down articles reveal the supports for the big statements I made in What is risk management? (Everyone).
Main article on What is risk management? (Everyone)
Recommended next articles:
|Some other main topics||
Discrete risk management processes within an enterprise
‘Enterprise Risk Management’ and risk management (coming soon)
All pages on What is Risk Management?