Goal Oriented Enterprise Risk Management
Managing risks at wrong places is the inherent risk of/in any risk management function. Unfortunately, in reality this risk often occurs! While risk management is often considered to be largely applicable to financial sector, I strongly believe, it is equally important (and proves beneficial too) to other industries as well. As most of my experience has been with IT, in this article, I've laid out the flaws, frequently overlooked key attributes of an effective risk management and a practical approach to overcome them.