In search of opportunity

Traditionally, risk management focused on protecting value by anticipating potentially negative events.  If we are going to create value, we need to also identify opportunities to exploit for our competitive advantage.  To get results, we need to take a different approach to managing risk.

 

Summary . . .

  • Traditional risk management focuses on problems and does not create growth
  • To be effective we need to both anticipate threats and identify opportunities
  • Opportunities can be identified by asking the right questions to the right stakeholders

 

Learn more about the Managing Uncertainty System

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