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Lessons learned #5
Risk matrices are not only useless, sometimes they are dangerous. Because there is a better way to graphically show outcomes of risk analysis, even qualitative ones
Download the free risk management book at www.risk-academy.ru/en/download/risk-management-book
Lessons learned #4
Monte-Carlo doesn’t tell us what the future holds, but it does help us validate the version of the future selected by top management.
Download the free risk management book at www.risk-academy.ru/en/download/risk-management-book
Lessons learned #3
Enterprise-wide risk matrices or registers only help to satisfy board members curiosity, they do not help companies make better risk-based decisions.
Download the free risk management book at www.risk-academy.ru/en/download/risk-management-book
Lessons learned #2
When risk management is integrated into business processes, the companies no longer need dedicated risk managers. But that, unfortunately will never happen. It’s physically impossible.
Download the free risk management book at www.risk-academy.ru/en/download/risk-management-book
Lessons learned #1
The most ironic part about risk management is that risk management is actually not about managing risks, it’s about making decisions with risks in mind. Big difference.
Download the free risk management book at www.risk-academy.ru/en/download/risk-management-book
