The Importance of Debating Risk Assessment

Debating risk assessments is crucial to ensure that there is a discussion about what the assessments reveal about individual risks. It is essential to engage operational areas in the process to explain the risks they are taking and the value they are generating. Aligning risks with the strategic plan, understanding them well, and ensuring proportional rewards for the risks taken are key aspects. Using tools with logical consistency and engaging in continuous debate help in making informed decisions about risk assessments.