Mindsets, Decisions & Actions

Almost without exception risk registers reflect the potential impact and probability of occurrence of risk events external to the organization; for example the potential impact on enterprise (organizational) performance of a supply chain failure whether goods or services or the impact of increased cost of finance, whatever the cause. Very rare indeed is it for risks consequential to current organizational philosophy-mindset (e.g. we’ve been in the business a long time – we know what we are doing) or governance-management decisions and actions (e.g. cuts to capital and maintenance budgets, freezing of wages and salaries, sinking-lid and no replacement staff employment policies, slashing training budgets, etc.), to find their way onto the enterprise (organizational) risk register, let alone the risk dashboard.

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