*/By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc/*
There are many problems with risk management being a process. (There are
also many advantages with risk management being process based.) One of the
often overlooked problems is that a process creates groupthink. It is hard
to be creative, to have different ideas, to develop a new paradigm or to see
the flip side if one is spending time and energy adhering to the corporate
risk manual.
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