❓𝐖𝐡𝐲 𝐢𝐬 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 – 𝐢𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐚𝐧𝐝 𝐢𝐧 𝐝𝐚𝐢𝐥𝐲 𝐥𝐢𝐟𝐞?
Over and beyond our “reptilian brain” comes consciousness to make informed decisions, putting aside apprehensions and overcoming fear. Be it to protect the interests of business colleagues and employees, or those of family members and friends, managing risks accompanies us through life.
I reckon the more one is accustomed to applying risk management thinking, the better one is equipped to face unexpected tough situations.
❓𝐈𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 – 𝐖𝐡𝐚𝐭 𝐡𝐚𝐯𝐞 𝐲𝐨𝐮 𝐥𝐞𝐚𝐫𝐧𝐭 𝐨𝐧 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐮𝐥𝐝 𝐛𝐞 𝐬𝐡𝐚𝐫𝐞𝐝?
Every professional should have risk management in her/his skills’ toolbox, be it to change things in a corporation applying an FMEA (Failure Mode and Effect Analysis) or by producing a solid business plan for a new venture.
Yet instincts and experience cannot be replaced and often speak the true language. It takes courage to listen to them and engage in a seemingly risky course of action.
❓ 𝐈𝐧 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 – 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐭𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐫𝐢𝐬𝐤 𝐲𝐨𝐮’𝐯𝐞 𝐞𝐯𝐞𝐫 𝐭𝐚𝐤𝐞𝐧?
I’ve always been attracted to water. As a young adult I was surfing waves too high for my beginners’ level in Australia, snorkeling at 10 meters depth to collect sponges in the Mediterranean, or diving from high cliffs in Greece into shallow spaces amidst surfacing rocks. These activities back then were not considered risky though – merely living a full life. Today, I would approach these disciplines with more respect and caution😉
❓𝐖𝐡𝐚𝐭 𝐚𝐝𝐯𝐢𝐜𝐞 𝐰𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐠𝐢𝐯𝐞 𝐲𝐨𝐮𝐧𝐠 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥𝐬 𝐢𝐧 𝐫𝐞𝐠𝐚𝐫𝐝𝐬 𝐭𝐨 𝐫𝐢𝐬𝐤?
Learn and apply the risk management tools, but don’t overrate them. Always seek a second opinion and/or challenge the results of your analysis– esp. if something doesn’t feel right. Take the liberty to put yourself at risks but do not involve unaware others.
But also: have faith in yourself and your ideas – based on sound values. No performing artist could achieve a show if in doubt or by having in mind all that could go wrong.
❓𝐒𝐰𝐢𝐬𝐬 𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 – 𝐰𝐡𝐲 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐧𝐞𝐭𝐰𝐨𝐫𝐤 𝐚𝐧𝐝 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐲𝐨𝐮𝐫 𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥 𝐯𝐚𝐥𝐮𝐞?
I am part of the SRA almost since its inception. It is a second-to-none network of risk professionals; I value every presentation and exchange, made possible by the commitment of all board members and advisors. Through their hard work, the SRA evolves and keeps delivering relevant contents to its members. I got to learn a lot over the past years, from regulations to cyber risks, and made good friends. I hope it can go on like this for long.