Article: Navigating the public policy labyrinth: using risk analysis for tough issues: all organizations have intractable policy issues that lie outside the realm of conventional risk management. If risk managers wish to promote greater interest in risk techniques among all enterprise disciplines--they must ask themselves: How can complex issues be subjected to structured risk analysis?

Studies on program implementation show that people will take up a new practice, such as enterprise risk management, only if it helps them do their existing jobs more effectively. There is a continuing need for practitioners to share stories about how to apply risk analysis in unfamiliar contexts, where purely quantitative methods cannot be applied.

Some useful insights come from the inner workings of the government of British Columbia. This Canadian province is already well on its way to establishing risk management as part of its core policy. Under the guidance of its risk management branch, the government adopted the Australia/ New Zealand 4360 standard and ...

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