This paper argues that the risk management industry is currently failing business managers because it is not giving them the information that they need to manage risk effectively. The vast majority of avoidable business disasters or failures occur because those executives with the power to take action to avoid or mitigate the risks aren’t aware of the true risks. The paper goes on to describe a new risk management framework for giving executives the information that they need, based around the three key attributes of: valuable information; ease of use; and, flexibility. Giving Executives the information that they really need. 

 

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