Stop making risk a Slave to Audit & Compliance Personas and Processes
Overwhelmed with information, and intimidated by the scale-and pace of change, risk identification seems a daunting task.
What we thought were the risks that impacted on us yesterday, have already sedimented as today’s reality.
Yesterday’s ignored or absorbed risk, has therefore already, unbeknownst to you, shaped ‘your’ market reality – because you have accepted it as reality in your mind – it has become part of you and your organisation’s thought pattern (sometimes by stealth).
RiskRecon understands that decision making in hyper-complex market, policy, societal, and politico-economic operational environments is a seemingly gargantuan task.
More often than not, risk analysis, identification of operational and/or strategic risks, and such discussions in boardrooms, or in organisations, get reduced to the lowest possible common denominator:
it becomes a mere compliance driven ‘risk register,’ and associated statutorily required/governance tick-box exercise people sleepwalk through.
In a dynamic period of turbulent global change, no organisation can assume that the general, or broad systemic ‘status quo’ will persist. Meaning that, barring a few upsets, or market crises and ‘acts of God,’ – it is assumed that ‘conditions’ will not stray much from the parameters of the existing systemic status quo.
Global economic lockdowns, increased geopolitical tensions, and increased intra-systemic strain as seen in the form of unemployment and rising socio-political tensions, issues a stark warning, being that if risk continues to be approached as a tick-box exercise to keep the Audit Masters of the Corporate Compliance Universe ‘happy,’ can only end badly.
But, what if today’s perceived turbulent change is setting in motion patterns at a regional, and global societal level, that will only exacerbate, and intensify conditions of unpredictability that confront the ‘system,’ and ‘systemic status quo,’ with conditions of non-marginal change? This means risk analysis cannot assume systemic stability/status quo, hence the need to reconsider the way risks are identified, and responded to, through astute strategic decision making.
RiskRecon will help you engage with the apparent challenges you and your business, organisation, or institution is facing by helping you to ask new questions, and to engage with you, and your strategic environment, to develop new concepts to think of a world beyond what you might think exists.