While the specifics of risk identification are tenuous, the more important element is what management does once a risk is observed. Mitigating or minimizing risk is a dynamic of business life. Yet, in the present economy, and the prior few years, the facts indicate that beneficial, post-recognition activity is non-existent.

I suggest that the risk training should also include some discussion and elevation of decision processes and their down-stream impacts. This would be analogous to both designing fire exits in an office building (risk assessment) and then actually constructing them for use (decision processes).

Greg Chenevert,
Independent Business Consultant, Manchester NH, USA

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