CEOs, COOs and the rest of the c-suite will always talk a good game when it comes to operational risk management and how their organisation manages, mitigates and prioritises risk. They know that risk is everywhere in 2020 and broadly speaking, they are prepared to invest in the risk management software that is required to manage risk effectively.
Yet how seriously does the average c-suite in a mid-sized or larger business, really take risk management? For many organisations, operational risk management is still perceived as a somewhat defensive business function, there to prevent bad events from impacting the company more than it has to.

The impact of the current coronavirus pandemic has already been huge. It has changed the entire world around us, for individuals, governments and businesses alike, and its impact will no doubt be felt for many years to come.
Even as countries around the world begin to tentatively emerge from lockdown, the effect on the wider economy is yet to be ascertained. We are collectively and individually facing economic hardship, with governments having to help businesses come through this crisis but also find the money to provide that help.