Opportunism in Risk Management

Strategic Risk Management
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Kalwant Ajimal

Opportunism in Risk Management

How many times have we come across situations where middle management is deeply involved in risk avoidance but people on the Corporate Board have not adopted Risk Management as a policy? In one case where the breakdown of service led to deaths of two customers, top management simply dismissed the middle management staff by pleading 'human error'; resulting in a horrendous decline in confidence and morale.

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