risk ownership

One Simple Method to Validate Risk Assessment Results

By Carol Williams / August 30, 2022 /

Everyone sees the world a bit differently…it’s one of those fun facts that makes life so interesting. Think about how boring the world would be if we all thought the same way! As with a group of any size, a company’s personnel will have a variety of perspectives or biases on a particular risk. It’s…

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What Risk Ownership Is and Isn’t

By Carol Williams / November 24, 2021 /

In a previous article on assigning a risk owner, I discuss how designating someone to be accountable for a risk is important for ensuring that it does not fall through the cracks and that an appropriate response is developed and acted upon in a timely manner. The article provides a high-level overview of when a…

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risk owner

Why Assigning a Risk Owner is Important and How to Do It Right

By Carol Williams / October 22, 2018 /

Falling in the middle of the risk management cycle (after developing risk appetite and tolerance and identifying, but before assessing and analyzing risks), the organization then must identify who will “own” or be responsible for a particular risk. Although the exact definition of what a risk owner is will vary depending on the organization, it…

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