What is a “Risk Leader”? – Part 1
Tuesday, 16 November, 2010 Leave a comment
This graphic from AT Kearney, who, quite rightly, refer to themselves as a “thought leader for strategic complexity management” – they have a very good grasp of the problem, if not the solution. Their website is crammed with really useful information and infographics spelling out:
the nature of the problem
the financial and other benefits of managing complexity
This beautifully illustrates what it takes for a business to tackle “Advanced” or “Complexity Risk Management“.
Considering that most companies sit “comfortably” in the LAGGARD category it looks like a pretty daunting and costly process to embark upon at a time when there is so much pressure on business in such a turbulent and uncertain economic environment.
PERVERSELY, THE ECONOMIC CLIMATE IS PRECISELY THE REASON THAT NOW IS THE TIME FOR RISK LEADERS TO STEP UP TO THE PLATE.
THE GOOD NEWS is that to do so need not be as traumatic as this graphic, or the ATK methodology, first suggest. Even better news is that ATK and others* believe that, by managing the complexity of the business and, therefore, reducing risk exposure, the business can actually improve its bottom-line…SUBSTANTIALLY.
By now you I expect that you will want to about the Ontonix approach!?
More of that in Part 2: How to be a Risk Leader