As a federal leader, risk opens you up to new challenges and increases your opportunity for success. However, it makes you vulnerable.
Posts Tagged: risk
The purpose of software oversight is nothing more than to manage the risk of failure. The cost of oversight is more of the cost of risk avoidance.
Why does the government regularly commit to $200 million programs? The answer is due to risk aversion.
Good risk management is not about fear of failure; it is about removing barriers to success. This is when opportunity management emerges.
Risk is more than a four-letter word in government. There’s often wariness about taking on too much risk, which is understandable, because agencies are playing with hard-earned taxpayer dollars. And it’s not like IT leaders can just ask for a few more millions because of an errant project. Asking for more money means raising the… Read more »
The common perception is that, as a group, federal managers tend to be risk-averse. However, new research based on data from the annual federal employee viewpoint survey concludes that the answer is: it depends.
What the five principles of risk management mean for you.
Is there a way to cultivate being more of a risk taker if you don’t have a personality that trends that way? Let’s assume for a moment we’re not talking about reckless risk taking, but rather simply getting out of your comfort zone. Here are a few benefits to think about.
Government faces increasing uncertainties as agencies pursue diverse and complex missions. That’s why more federal agencies are investing in Enterprise Risk Management (ERM), a discipline that addresses the full spectrum of an organization’s risks, including challenges and opportunities, and integrates them into an enterprisewide, strategically aligned portfolio view.
There are jokes that getting put on GAO’s high risk list is like the 1977 Eagles’ hit, “Hotel California,” where “you can check out any time you like, but you can never leave.” But in fact, over one-third of agency programs on the list have gotten off. What’s the secret?