Accept
Her article recognizes the need for continuing monitoring to ensure that responses change should the risks and business conditions change.
The Diminishing Returns of Risk Management
More and more people are recognizing that managing or mitigating a list of risks is not effective, nor of much value beyond compliance: doing what is required by the regulators rather than what is needed by the business.
What Would Risk Management Do?
Letâs imagine that I am the new Minister of Defense and Q, the risk manager in the weapons development function, rushes into my office. He tells me that we have a serious problem.