Risks: Reactive vs. Proactive

Everyone wants to be proactive in risk management — the challenge is making it relevant and cost-effective.

Reactive risk management is like a rearview mirror in your car:

It’s useful to know what risks you’ve faced in the past, but it won’t tell you what’s waiting behind the next turn.

There’s nothing wrong with reactive risk management; analyzing risk eventsor near misses is a proven way to prepare for similar situations.

But wouldn’t it be great to focus on r…