Leo had led a conversation at the International Institute for Analytics. They were discussing how organizations adapt when things don’t go as planned and how risk management may either help or hinder efforts.
Leo’s response was that agile risk management translated into scenario planning and your ability to switch from plan A to B – effectively and efficiently.
Other members of the group weren’t so sure. There was a belief that current operational risk management practices were cumbersome and would hinder the “agile” side of the equation.
Thus the question: Agile risk management – what might that look like?
When the markets collapsed in 2008, what was your strategy to adapt, evolve and succeed?
For many it was a period of cut backs, lay offs and shock. The rationale?
Money is tight, there’s not enough time to try something new, and we simply can’t afford to do anything perceived as risky.
Let me share a simple strategy that can help you adapt, evolve and succeed, in both good times and bad. A strategy that will unlock funds, give you more time to innovate, reduce risk and grow your organization.