Over time, the term risk assessment has become so commonplace that it has almost lost its meaning and is now much maligned. Organizations run helter-skelter carrying out risk assessments that eventually become exercises in futility. One wonders why well-meaning managers, highly paid consultants and C-suite members with years of experience, access to tons of research, and armed with the best intentions eventually end up with unusable outcomes? Here are 6 key lessons from more than a decade of...
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