Growth

How Covid19 has underscored the failures of Effective Risk Management (ERM)

The COVID 19 pandemic has highlighted a serious failure in risk management: A lack of ‘out-of-the-box’ thinking and anticipation in ‘what if’ scenario planning. Americans only change from catastrophe, not from experience”-President Theodore (Teddy) Roosevelt COVID-19 is the latest, but perhaps the most extreme example to date, of the failure of risk management as a…