ICAEW.com works better with JavaScript enabled.

FINANCE DIRECTION

Risk management: mindfulness and clumsy solutions

Published: 23 Sep 2015 Update History

Managing risk is not easy. Today, managers in all functions are being asked to pay more attention to the challenges of uncertainty. Our report, Risk management: mindfulness and clumsy solutions, will help with those challenges.

The report draws on the deep risk knowledge of authors, Professor Philip Linsley and Dr Beth Kewell and interviews with ICAEW members at the sharp end of risk management.

Both thought provoking and practical, the report’s key advice includes:

  • Developing clumsy solutions to the wicked problem of risk – clumsy solutions are necessary in order to accommodate the diverse attitudes to risk present in any organisation.
  • Leading on risk by creating risk groups that facilitate productive, diverse and mindful conversations about risk across the organisation.
  • Ensuring risk management becomes part of the business rhythm of an organisation rather than an add-on process.

What approaches to risk management have you found most useful in your organisation? Does the idea of clumsy solutions resonate with you?

Email us: business@icaew.com

Further reading

Business resources

Thought leadership, insights, technical resources and professional guidance to support ICAEW members working in industry with their professional development.

Resources for ICAEW members in business
Risk management: mindfulness and clumsy solutions

Download full report
Can't find what you're looking for?

The ICAEW Library can give you the right information from trustworthy, professional sources that aren't freely available online. Contact us for expert help with your enquiries and research.

Open AddCPD icon

Add Verified CPD Activity

Introducing AddCPD, a new way to record your CPD activities!

Log in to start using the AddCPD tool. Available only to ICAEW members.

Add this page to your CPD activity

Step 1 of 3
Download recorded
Download not recorded

Please download the related document if you wish to add this activity to your record

What time are you claiming for this activity?
Mandatory fields

Add this page to your CPD activity

Step 2 of 3
Mandatory field

Add activity to my record

Step 3 of 3
Mandatory field

Activity added

An error has occurred
Please try again

If the problem persists please contact our helpline on +44 (0)1908 248 250