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Risk Management for Government
Most organizations fail to plan for risk.
A 2008 study revealed that only 52% of respondents acknowledged having any sort of formalized program to manage risk. Even less (45%) said their organization was effective at risk management.
Today's technology allows us to assess risk easier, and advanced analytical capabilities can help identify optimal actions to respond should risky events occur.
But where should you begin your risk management initiative?
This paper outlines the field of risk management and offers suggestions on how risk management strategies can be used in government agencies that desire an integrated view of their risks. Furthermore, discover how risk management techniques are being used today.