6. Systematic, structured and timely risk management
This section looks at the suitability of risk management as a
reactive, preventive and proactive approach.
The use of risk management systems is reflected in a triple posture
described in the table
14
. When a company's management calls on the help of risk
managers, or asks for internal advice or support, this can take a
number of different forms:
request a preventive risk analysis. For example, before
a product is launched on the market, senior management asks its risk
manager for an opinion on the risks of marketing an offering (financial,
operational, compliance and reputational risks);
...
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Systematic, structured and timely risk management