The Seven Habits of Highly Effective Risk Managers

It is a given that risk managers must be analytical, precise and cautious. As such, they have always been seen as gatekeepers who stand in the way of more adventurous coworkers striving for lofty goals.

Unfortunately, risk managers often are required to dismiss the ambitious goals of managers, since the risks associated with the opportunity, at times, far outweigh the potential rewards. In most cases, this is where the idea that risk managers are the champion of “No” comes from. It is a risk manager’s responsibility to mitigate risk and ensure business objectives are reached.

I challenge this perception, however, and believe that risk managers can overcome it by following these seven habits, based on the foundation built by the late Stephen Covey in his work, The Seven Habits of Highly Effective People. If you, the risk manager, employ these habits, you shall achieve more business objectives, encounter lucrative growth opportunities and reduce greater risks.
The Seven Habits of Highly Effective Risk Managers