The uncertainties affecting modern business are about a complex network of factors that sometimes act in mysterious and unseen ways to affect business. Many risk assessement frameworks assume too much about the degree to which we “know” where we are and build upon false foundations. Agile Risk Management™ embraces the complexity of modern business and offers a more useful path to organising business activity in such a way that goals are delivered within the board’s appetite for risk. Agile Risk Management explicitly addresses the need for “risk” activity to be rooted in terms of business performance.
This article was published in Raconteur's Business Risk Strategies report.