silos (2)

Roles Played

It’s interesting how so many things scale in unison. In large organisations there is often talk about silos. But silos exist in small organisations as well. Even for my organisation of three. Me, my EA, Paula and my Relationship Manger, Wendy.

And as you and I know, enterprise risk management is a great tool for breaking down silos. Helping the left hand to know what the right hand is doing through well designed, integrated performance and risk reporting.

And so last week we did some enterprise ri

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Breaking down the risk silo

I often hear from many risk analysts that we need to break down the risk silo and stop measuring risk in unique disciplines. But such a statement without thinking begs the question: If the silo is so evil, why did we invent the structure in the first place?

In this quick posting we look at risk silos, why they exist, the problems with them and how to make them work.

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