The next few chapters primarily concern bigger businesses. Some readers may think I am confusing risk management with general management. The answer is that a good management practice should include risk management, and that good practice is good for more than one reason. Good managers do not worry much about putting things in the right categories. They are more concerned with doing what is best for the business. Of course, much of this may apply to small businesses too, in varying degrees.
Why Do Big Businesses Not Manage Their Risks Better?
There is an article in the Harvard Business Review of June 2012. The principal author was Robert Kaplan.
There were several points in it that I think we might all find worth ...