Risk management

Why risk management failures matter

The source opens by pointing to a run of news stories in which failures of risk management undermined organizations and damaged the credibility of their leadership. That framing sets up the course's central argument: good risk management is as much about trust and reputation as it is about models and controls.

Who it is for

Managers, board members and students of governance will find the subject useful, especially those who want to understand how a risk failure at one organization becomes a leadership problem. The description is cut short, so the course outline is the best guide to the topics it covers.

What to take away

• Risk management is a leadership responsibility, not only a technical one
• Failures often become public stories, so credibility is part of the risk picture