Offense vs. Defense: The Risk Management Clock is Ticking - Complete Article
By Peter L. Higgins
What side of the risk management game clock do you play on within your organization? A mix of both is a prudent way to hedge any potential losses yet the question becomes how much time on the corporate playing field is spent being proactive managing future risk.
A proactive and preventive risk approach requires a layered and active intelligence program. It requires dedicated resources and personnel spending a majority of their time scanning the horizon for new threats. It means spending more time saying "What if"? This will produce the next new thinking and strategy on what to do next to prevent a potential new loss.