The most influential business decisions are almost always made before the most important information becomes available. This opening line from Unbroken Links by Dr Uppiliappan Gopalan sets the tone for the entire book, and for how modern organisations should think about risk.
Risk Rarely Exists in Isolation
An organisation moves forward with ambition, guided by objectives that promise growth, innovation, stronger performance and long term sustainability. Along that journey, risks begin to emerge from many directions, everyday operations, financial commitments, technological change, regulatory expectations and broader geopolitical developments. Rarely do these risks exist in isolation. They interact, influence one another, and quietly alter the conditions under which organisations pursue their objectives.
Analysing Risk Before It Interrupts Progress
Analysing those risks before they interrupt progress has become one of the defining responsibilities of modern management, Dr Gopalan writes, a responsibility that Enterprise Risk Management exists specifically to formalise and strengthen.
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