Best practice: Why we need to retire the pointless notion of ‘risk management’
In modern business, there is a veritable industry of consultants and advisories that focus on ‘risk management’ - all built on the premises that risk is bad and that companies must make lists of scary things that might happen. But is this endeavour actually useful to anyone? Stefan Gershater, Director of Risk at fashion brand Burberry argues our current approach to risk management is a poor way of making tough decisions. In this session, he will examine:
• The problems with today’s risk management ideology
• Why we need to view risk from a network perspective, rather than through lists
• What do we really want from risk management and how does it affect your
big data strategy?