Managing Risk and Uncertainty
Risk management is one of topic that I am familiar with. In my experience it is very easy for me to speak about risk management, because everything is there: 1. Regulations 2. Certification 3. Brand Recognition 4. Awareness. When there is a debate on which approach that should be used for a company, the answer is very simple: follow procurement process, choose approach that has been used in similar company, make sure that the initiative can be implemented. But in most of my experience the answer is simple that people want to know about risk management, and its help a lot before starting a conversation.
However talking about risk management for more common audience is more difficult. Most of people believe that uncertainties and future can not be managed.
Business purpose is profit, thats why company should increase revenue and decrease expenses
Employee vs Management
Risk Management: Manage Uncertainties (Operations, Finance)
Government purpose is protection, thats why country should monopolize the use of force (military/police)
People vs Government
Uncertainties Management: (Political Stability, Economy Growth)
OJK Roadmap Sustainable