Risks, Benchmarks, and Innovations, what’s the big deal?

For risk-based management to work correctly in an organization, management has to be willing to listen. Messengers who bring unwanted but factual news must be appreciated, not placed on a chopping block.

What should be the approach of open-minded management? Should we be worried that a management receptive to new and different ideas or opinions will prevent a risk framework from being effective? We always hear about streamlining a management process as we begin a new project because we want to increase efficiency and productivity.

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