Brace yourself


The psychology behind how we manage risk is changing. Ten years ago the process was far more reactive: companies tended to learn from their mistakes and for some that unfortunately meant a few harsh economic lessons. Over the past decade, risk management has undoubtedly been affected by advancements in legislation and technology and maybe it is a sign of the times but it seems the industry has gradually started to adopt a more pre-emptive approach.

In these tentative and cautious times, business