Managing Risks: A New Framework

Organizations commonly develop and rely on rules as a primary tool for managing risk, equating compliance with overall effective risk management. While complying with rules may be adequate to manage certain types of risks, history has demonstrated that not all types of risk can be effectively dealt with through compliance-focused risk management. This article presents a new framework for defining and addressing an organization’s risks that expands beyond rules-based models.

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Source
Harvard Business Review
Length of Resource
10 pages
Author
Robert S. Kaplan, Anette Mikes
Date Published
Publication Type
article
Resource Type
academic

ResourceID: 142362

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