4. The Case for Risk Management

“No plan survives contact with the enemy.”

—Field Marshal Helmut von Moltke

What our industry can learn from the DIA example is the potential cost of not managing risk. If the previous chapter succeeded, it has left you feeling that you definitely don’t want to not do this thing called risk management. But still, that may leave you a bit short of actively wanting to do it.

What may be required now is a carefully reasoned review of the case for risk management. Presented below is our definitive list of the reasons risk management deserves to be an integral part of your management toolkit.

Risk Management Makes Aggressive Risk-Taking Possible

The reason risk management is hard to do in a typical corporate culture ...

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