I forget where I heard this but, “you manage risk, but risk cannot be managed.” Ie. there is no terminal state where it’s been “solved.” It’s much like “culture of safety.”
I forget where I heard this but, “you manage risk, but risk cannot be managed.” Ie. there is no terminal state where it’s been “solved.” It’s much like “culture of safety.”
Though unsatisfying it feels like a lot boils down to "shit rolls downhill" or "fish rot from the head down"
Any RCA that doesn't provide useful feedback to management up and down the chain is missing pieces, but there's lots of discussion elsewhere in this thread about that by people better at elaborating than I am.
I often hear people misinterpret "risk management" as if it means "risk minimisation", but this is the first time I hear of "risk elimination"!
Risk management is about finding an appropriate level of risk. Could be lower, could be higher.
If you get a bunch of analyses that point to underinvestment in x in order to achieve y, and you can measure that this is losing money, then the top level recalibrates.
It's not about blame, it's about course-correcting including at the top level. They can't do that course-correcting without these analyses.
Before that I hated it when people confessed to me that they knew a problem was going to happen and they did nothing to stop it. But the problem with doing things right the first time is that nobody appreciates how hard it is. You spend all your political capital trying to stop the company from making a mistake it desperately wants to make. You get no credit when it doesn't happen because they already figured it wouldn't. And you don't get any buy-in for keeping it from repeating in the future. So now you have this plate you have to spin all by yourself, and nobody who can hand your more control gives a shit other than the fact that you seem like an asshole so we aren't going to promote you.
That is sort of how Agile got out there in the first place. Open feedback loops letting management be stupid for so long before the consequences were apparent that they could duck their vast contributions to it.