The Challenge
Particularly for large-scale complex organisations, the issues are not so much around external threats as internal management processes. That includes a shared risk awareness, understanding and terminology, as well as the development of the management structures that would support effective communication and decision-making. Above all, it is about the risk culture and leadership that will allow the organisation to have the risk sensitivity, agility and rapidity that are needed to prepare for and respond to the risks that we will undoubtedly be facing in the coming year.