Sun Tzu, the Art of War, and How it Applies to Risk Management
“If you know the enemy and know yourself, you need not fear the result of a hundred battles…” - Sun Tzu
Identifying, assessing, and treating risks in a silo, without aligning the risks to business activities or corporate strategies, is ineffective. This article discusses best practices for managing risks in the context of your business to help you “know the enemy and know yourself”.
- What are the limitations of traditional risk management?
- How do I associate context to risks and identify previously unrecognized risks?
- Why would this approach deliver more tangible value than my existing risk management efforts?